Lithuania Export Data
The Republic of Lithuania is another name for Lithuania. The nation is located in Europe's Baltic area. Lithuania borders several nations, including Russia, Belarus, Latvia, and Poland. In terms of total land area, Lithuania is the twenty-third largest nation in Europe. Lithuania, whose total land size is roughly 65,300 km^2, is ranked 124th in the world in terms of area. Lithuania, a small but vibrant country located in Northern Europe, has been making waves in the global market with its exports. The Lithuanian export sector has witnessed significant growth in recent years, contributing to the country's economic development. Based on Lithuania trade statistics for 2023, Lithuania is ranked as the 60th biggest exporter in the world.
According to Lithuania's Export Data, Lithuania exported goods worth $42.6 billion in 2023. Lithuania's goods exports declined 8% in comparison to the previous year. Based on Lithuania shipment data for 2023, mineral fuels and oils are Lithuania’s biggest exports, while Latvia is its biggest export partner. Lithuania’s GDP is $77.84 billion, with a GDP export share of 87.56%. Lithuania is a part of major trading blocs such as the EU, OSCE, NATO, and OECD. Let us now explore Lithuania's export data, focusing on the trends and opportunities that lie ahead for 2023 and beyond with major insights into Lithuania statistical data.