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Lithuania export

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. According to Lithuania's Export Data, Lithuania exported goods worth a total of $61.38 billion in 2022. Lithuania's merchandise exports rose 14.2% in comparison to 2021. In 2022, exports of goods increased by $5.8 billion. 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. Let us now explore Lithuania's export data, focusing on the trends and opportunities that lie ahead for 2022 and beyond.

Lithuania Export Data | Lithuania Trade Data

58

The country has been ranked 58th in global exports, showing a significant position in the international trade landscape.

0.2%

With a mere 0.2% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

LATVIA

Latvia holds a significant role as the largest export partner of the country in terms of goods exports.

PETROLEUM OILS

Petroleum oils are the major and biggest export commodities of the country, playing a vital role in its economy.

export

Top 10 Exports of Lithuania

Lithuania, known for its thriving economy and strategic location in the Baltic region, boasts a diversified range of exports that contribute significantly to its economic growth. The top 10 exports of Lithuania encompass an array of products, with petroleum oils topping the list, followed by Furniture. The top 10 exports of Lithuania in 2022 according to its export data are:

  • Petroleum oils and oils from bituminous minerals: 11.6% ($5.41 billion)
  • Other furniture and parts thereof: 4.65% ($2.16 billion)
  • Petroleum gases and other gaseous hydrocarbons: 3.1% ($1.44 billion)
  • Motor cars and other motor vehicles: 2.44% ($1.13 billion)
  • Wheat and meslin: 2.19% ($1.02 billion)
  • Cereals: 2.5% (1.16 billion US$)
  • Mineral or chemical fertilizers: 1.97% ($919 million)
  • Polyacetals, other and epoxide resins, in primary forms: 1.97% ($918 million)
  • Cigars of cheroots, cigarillos, and cigarettes, of tobacco or tobacco substitutes: 1.85% ($863 million)
  • Diagnostic or laboratory reagents on a backing: 1.63% ($762 million)
    • Partners

    Top 10 Export Partners of Lithuania

    When it comes to export partners, Lithuania has forged strong trade relationships with various countries. The top 10 export partners of Lithuania, showcasing its global trade reach have contributed to the country's economic success. Lithuania’s top 10 export partners in 2022 include:

    Value In Percentage(%)

  • Latvia: 12.8% (5.95 billion US$)
  • Poland: 9.05% (4.21 billion US$)
  • Germany: 7.94% (3.69 billion US$)
  • Russia: 6.19% (2.88 billion US$)
  • Estonia: 5.72% (2.66 billion US$)
  • Netherlands: 5.43% (2.52 billion US$)
  • USA: 5.3% (2.46 billion US$)
  • Sweden: 4.12% (1.91 billion US$)
  • United Kingdom: 3.49% (1.62 billion US$)
  • Belarus: 3.23% (1.5 billion US$)
    • Sample Data

    Understanding Lithuania's Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Lithuania has emerged as a key player in international trade, thanks to its strategic location, competitive manufacturing sector, and membership in the European Union. To gain insights into Lithuania's export performance, analyzing export data becomes crucial. By examining the statistics, we can identify the top export sectors, target markets, and potential growth areas. According to Lithuania's export data, Lithuania exported goods worth a total of $46 billion in 2022, with an increase of 14.6% from the previous year. There are many different fields included in Lithuanian export data and trade data, including the total value of the various fields that are included in Lithuanian statistical data and trade data, such as HS codes, descriptions of HS codes, and product descriptions that include the quantity, units, and price of each product being shipped. For traders and marketers, this statistical export data is crucial information that helps them make informed trade decisions.

    Benefits

    Benefits of Lithuania’s Export Data

  • Produce leads via the export sector in Lithuania.
  • Determine Lithuania's demand for goods.
  • Track your rivals' shipments.
  • Create an effective marketing plan using export data.
  • Connect with real Lithuanian suppliers.
  • Discover profitable opportunities.

    • Frequently Asked Questions!!

    As of 2022, Lithuania's export data shows a total export value of $46 billion.

    The top export products of Lithuania in 2022 include refined petroleum, packaged medicaments, and wheat.

    The main export partners of Lithuania are Latvia, Germany, and Poland.

    Lithuania's export data has been steadily growing over the years, with an increase of 14.2% in 2022 compared to the previous year.

    Some emerging export markets for Lithuania include China, Japan, and South Korea, with a growing demand for Lithuanian agricultural products and technology.

    You might be interested in other continents as well

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