Lithuania import

Lithuania Import 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. The economy of Lithuania is categorized as high-income. An important part of Lithuania's economy is agriculture. The nation is ranked 31st in the world according to the complexity index. When it came to GDP, however, the nation ranked 82nd. Lithuania ranked 60th out of 226 nations in terms of total imports in 2022, according to import data. In 2022, Lithuania imported goods worth a total of $55 billion. Lithuania had 23% more goods imports in 2022 than in 2021. Imports of goods increased by $10.6 billion in 2022.  In today's globalized economy, countries rely heavily on international trade to meet their domestic demands and foster economic growth. Lithuania, a small but thriving Baltic country in Northern Europe, is no exception. To understand and analyze the country's import trends, Lithuania's import data plays a crucial role. Let us delve into the significance of Lithuania's import data for 2022 and explore the key insights it provides.

 Lithuania Import Data | Lithuania Customs Data

57

The country has been ranked 57th in global imports, showing a significant position in the international trade landscape. 

0.17%

With a mere 0.17% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

POLAND

The United Kingdom holds a significant role as the largest import partner of the country in terms of goods imports.

PETROLEUM OILS AND CRUDE

Petroleum oil and crude are the major and biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 imports of Lithuania

Lithuania, a European country nestled between Latvia, Belarus, Poland, and Russia, has an active and diverse import industry. When it comes to the top 10 imports of Lithuania, the country showcases a range of goods that fuel its economy. Lithuania’s top 10 imports in 2022 according to its import data are:

  • Petroleum oils and oils obtained from bituminous minerals, crude: 11% ($6.11 billion)
  • Petroleum gases and other gaseous hydrocarbons: 9.52% ($5.24 billion)
  • Electrical energy: 4.58% ($2.52 billion)
  • Motor cars and other motor vehicles: 3.46% ($1.9 billion)
  • Organic chemicals: 2.25% (1.24 billion US$)
  • Petroleum oils and waste oils: 2.12% ($1.17 billion)
  • Medicaments: 2.12% ($1.16 billion)
  • Articles of iron or steel: 1.97% (1.08 billion US$)
  • Tractors: 1.82% ($1 billion)
  • Electrical apparatus: 1.55% ($858 million)
  • Partners

    Top 10 Import Partners of Lithuania

    As for Lithuania's top 10 import partners, these countries play a crucial role in the nation's import market. The leading import partners of Lithuania contribute significantly to Lithuania's import industry, forming strong trade partnerships and ensuring a steady flow of goods into the country. The top 10 import partners of Lithuania in 2022 include:

    Value In Percentage(%)

  • Poland: 11.6% (6.42 billion US$)
  • Germany: 11.6% (6.4 billion US$)
  • Latvia: 7.88% (4.34 billion US$)
  • USA: 7.47% (4.11 billion US$)
  • Sweden: 5.23% (2.88 billion US$)
  • Russia: 5.14% (2.83 billion US$)
  • Norway: 4.76% (2.62 billion US$)
  • Netherlands: 4.5% (2.48 billion US$)
  • Saudi Arabia: 4.05% (2.23 billion US$)
  • China: 3.78% (2.08 billion US$)
  • Sample Data

    What is Lithuania Import 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 import data refers to the detailed information collected and recorded on the imports of goods and services into Lithuania. It encompasses a wide range of data points, including product descriptions, quantities, values, origins, and destinations. This data is collected by various agencies and organizations, such as customs authorities and trade departments, to monitor and assess a country's import activities. According to Lithuania's customs data for imports, Lithuania imported goods worth a total of $55 billion in 2022, with an increase of 23% from the previous year. We offer you highly useful and informative Lithuania import data and shipment information. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from approved ports in Lithuania, organizations, and other shipping firms. Lithuanian trade data contains a range of fields, such as HS codes and product descriptions that include the amount, price, and units of each product being sent.

    Benefits

    Benefits of Lithuania’s Import Data

  • Obtain business leads from the market in Lithuania.
  • Acknowledge Lithuania's ambition in the market.
  • Keep an eye on your rivals and overtake them in ranking.
  • Boost your income with a plan driven by data.
  • Locate sincere purchasers from the import market in Lithuania.
  • Reach future corporate objectives with superior reports.
  • Frequently Asked Questions!!

    According to the import data, Lithuania's total import value for goods in 2022 is $55 billion.

    The top imports of Lithuania include machinery and equipment, mineral fuels, chemicals, and vehicles.

    The main import partners of Lithuania are Germany, Russia, Poland, China, and Italy.

    The import value of Lithuania has increased by approximately 23% compared to the previous year.

    Lithuania's high import volume can be attributed to its strong manufacturing sector, high demand for raw materials, and dependence on energy imports.

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