2022
Exports
$456MWorld Rnk 23 / 181
Flag Rnk 18 / 1208
2022
PRODUCT COMPLEXITY IN Sawn Wood
-1.13Rnk 864 / 1025
2022
Imports
$317MWorld Rnk 27 / 223
Flag Rnk 19 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $456M in Sawn Wood, making it the 23rd largest exporter of Sawn Wood in the world. At the same year, Sawn Wood was the 18th most exported product in Lithuania. The main destination of Sawn Wood exports from Lithuania are: Australia ($89.7M), Germany ($64.4M), France ($41.7M), United Kingdom ($24.3M), and Spain ($22.5M).

The fastest growing export markets for Sawn Wood of Lithuania between 2021 and 2022 were Australia ($56.4M), Spain ($19M), and Estonia ($4.92M).

Imports In 2022, Lithuania imported $317M in Sawn Wood, becoming the 27th largest importer of Sawn Wood in the world. At the same year, Sawn Wood was the 19th most imported product in Lithuania. Lithuania imports Sawn Wood primarily from: Belarus ($78.9M), Latvia ($51.1M), Russia ($42.7M), Ukraine ($30.3M), and Sweden ($30M).

The fastest growing import markets in Sawn Wood for Lithuania between 2021 and 2022 were Sweden ($20.2M), Finland ($7.73M), and Poland ($3.86M).

COMPANIES In 2023, leading companies such as IKEA Group (11) were at the forefront of shipping Sawn Wood from Lithuania to the United States.

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 Sawn Wood. 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)$456M
IMPORTS (2022)$317M
NET TRADE (2022)$140M

In 2022, Lithuania exported $456M in Sawn Wood. The main destinations of Lithuania exports on Sawn Wood were Australia ($89.7M), Germany ($64.4M), France ($41.7M), United Kingdom ($24.3M), and Spain ($22.5M).

In 2022, Lithuania imported $317M in Sawn Wood, mainly from Belarus ($78.9M), Latvia ($51.1M), Russia ($42.7M), Ukraine ($30.3M), and Sweden ($30M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sawn Wood EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Australia$56.4M (169%)
Spain$19M (544%)
Estonia$4.92M (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sawn Wood BY Lithuania WERE (2021 - 2022):
United Kingdom-$30.7M (-55.7%)
Saudi Arabia-$15.4M (-47.8%)
United States-$12.7M (-62%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Sawn Wood were:
Sweden $4.76B
Russia $4.69B
In 2022, Lithuania's main importing competitors in Sawn Wood were:

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Trade Value of Sawn Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.6M
TOP IMPORT POTENTIALRussia+ $17.5M

Sawn Wood’s highest export potential is United States. With an export gap of $14.6M.   Sawn Wood’s highest import potential is Russia with an import gap of $17.5M.

See methodology.

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