2022
Exports
$12.9MWorld Rnk 42 / 128
Flag Rnk 374 / 1208
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Stainless Steel
1.05Rnk 151 / 1025
2022
Imports
$62.7MWorld Rnk 56 / 208
Flag Rnk 154 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $12.9M in Large Flat-Rolled Stainless Steel, making it the 42nd largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 374th most exported product in Lithuania. The main destination of Large Flat-Rolled Stainless Steel exports from Lithuania are: Latvia ($4.74M), Estonia ($4.16M), Sweden ($877k), Kazakhstan ($530k), and Uzbekistan ($524k).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Lithuania between 2021 and 2022 were Estonia ($513k), Kazakhstan ($508k), and Sweden ($451k).

Imports In 2022, Lithuania imported $62.7M in Large Flat-Rolled Stainless Steel, becoming the 56th largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 154th most imported product in Lithuania. Lithuania imports Large Flat-Rolled Stainless Steel primarily from: Poland ($25.7M), Chinese Taipei ($5.24M), Germany ($5.09M), Italy ($4.97M), and Turkey ($3.63M).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Lithuania between 2021 and 2022 were Poland ($4.75M), Chinese Taipei ($1.84M), and France ($870k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Large Flat-Rolled Stainless Steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9M
IMPORTS (2022)$62.7M
NET TRADE (2022)-$49.7M

In 2022, Lithuania exported $12.9M in Large Flat-Rolled Stainless Steel. The main destinations of Lithuania exports on Large Flat-Rolled Stainless Steel were Latvia ($4.74M), Estonia ($4.16M), Sweden ($877k), Kazakhstan ($530k), and Uzbekistan ($524k).

In 2022, Lithuania imported $62.7M in Large Flat-Rolled Stainless Steel, mainly from Poland ($25.7M), Chinese Taipei ($5.24M), Germany ($5.09M), Italy ($4.97M), and Turkey ($3.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Stainless Steel EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Estonia$513k (14.1%)
Kazakhstan$508k (2.28k%)
Sweden$451k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Stainless Steel BY Lithuania WERE (2021 - 2022):
Russia-$1.32M (-79.7%)
United Kingdom-$723k (-86.5%)
Ukraine-$701k (-74.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Large Flat-Rolled Stainless Steel were:
In 2022, Lithuania's main importing competitors in Large Flat-Rolled Stainless Steel were:
Germany $4.95B
Italy $4.45B
China $3.42B

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Trade Value of Large Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $590k
TOP IMPORT POTENTIALItaly+ $2.02M

Large Flat-Rolled Stainless Steel’s highest export potential is Russia. With an export gap of $590k.   Large Flat-Rolled Stainless Steel’s highest import potential is Italy with an import gap of $2.02M.

See methodology.

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