2022
Exports
$140MWorld Rnk 20 / 172
Flag Rnk 60 / 1208
2022
PRODUCT COMPLEXITY IN LCDs
1.58Rnk 39 / 1025
2022
Imports
$19.4MWorld Rnk 57 / 211
Flag Rnk 350 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $140M in LCDs, making it the 20th largest exporter of LCDs in the world. At the same year, LCDs was the 60th most exported product in Lithuania. The main destination of LCDs exports from Lithuania are: United States ($38.2M), Germany ($16.7M), South Korea ($13.8M), Japan ($8.97M), and Switzerland ($8.83M).

The fastest growing export markets for LCDs of Lithuania between 2021 and 2022 were South Korea ($5.28M), Japan ($1.44M), and Estonia ($1.3M).

Imports In 2022, Lithuania imported $19.4M in LCDs, becoming the 57th largest importer of LCDs in the world. At the same year, LCDs was the 350th most imported product in Lithuania. Lithuania imports LCDs primarily from: Belarus ($2.8M), Czechia ($2.64M), United States ($2.63M), Germany ($2.09M), and Switzerland ($1.42M).

The fastest growing import markets in LCDs for Lithuania between 2021 and 2022 were Czechia ($1.47M), Switzerland ($1.03M), and Latvia ($673k).

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 LCDs. 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)$140M
IMPORTS (2022)$19.4M
NET TRADE (2022)$121M

In 2022, Lithuania exported $140M in LCDs. The main destinations of Lithuania exports on LCDs were United States ($38.2M), Germany ($16.7M), South Korea ($13.8M), Japan ($8.97M), and Switzerland ($8.83M).

In 2022, Lithuania imported $19.4M in LCDs, mainly from Belarus ($2.8M), Czechia ($2.64M), United States ($2.63M), Germany ($2.09M), and Switzerland ($1.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
South Korea$5.28M (61.8%)
Japan$1.44M (19.1%)
Estonia$1.3M (412%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Lithuania WERE (2021 - 2022):
China-$13.1M (-70.5%)
Israel-$8.48M (-94.4%)
Czechia-$1.87M (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.05M
TOP IMPORT POTENTIALGermany+ $1.18M

LCDs’s highest export potential is China. With an export gap of $6.05M.   LCDs’s highest import potential is Germany with an import gap of $1.18M.

See methodology.

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