2022
Exports
$13.9MWorld Rnk 35 / 179
Flag Rnk 362 / 1208
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$9.89MWorld Rnk 59 / 211
Flag Rnk 503 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $13.9M in Compasses, making it the 35th largest exporter of Compasses in the world. At the same year, Compasses was the 362nd most exported product in Lithuania. The main destination of Compasses exports from Lithuania are: United States ($2.34M), United Kingdom ($1.91M), Germany ($1.34M), France ($1.04M), and Kazakhstan ($906k).

The fastest growing export markets for Compasses of Lithuania between 2021 and 2022 were United Kingdom ($1.07M), Kazakhstan ($765k), and Kyrgyzstan ($479k).

Imports In 2022, Lithuania imported $9.89M in Compasses, becoming the 59th largest importer of Compasses in the world. At the same year, Compasses was the 503rd most imported product in Lithuania. Lithuania imports Compasses primarily from: United States ($2.48M), United Kingdom ($1.58M), Latvia ($933k), Estonia ($830k), and Germany ($797k).

The fastest growing import markets in Compasses for Lithuania between 2021 and 2022 were United Kingdom ($1.44M), United States ($1.41M), and Poland ($384k).

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 Compasses. 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)$13.9M
IMPORTS (2022)$9.89M
NET TRADE (2022)$4.05M

In 2022, Lithuania exported $13.9M in Compasses. The main destinations of Lithuania exports on Compasses were United States ($2.34M), United Kingdom ($1.91M), Germany ($1.34M), France ($1.04M), and Kazakhstan ($906k).

In 2022, Lithuania imported $9.89M in Compasses, mainly from United States ($2.48M), United Kingdom ($1.58M), Latvia ($933k), Estonia ($830k), and Germany ($797k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
United Kingdom$1.07M (128%)
Kazakhstan$765k (543%)
Kyrgyzstan$479k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Lithuania WERE (2021 - 2022):
Russia-$1.81M (-74.7%)
Netherlands-$391k (-68.9%)
Belarus-$321k (-88.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Compasses were:
In 2022, Lithuania's main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.32M
TOP IMPORT POTENTIALUnited Kingdom+ $527k

Compasses’s highest export potential is United States. With an export gap of $1.32M.   Compasses’s highest import potential is United Kingdom with an import gap of $527k.

See methodology.

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