Lithuania Import Data

Lithuania Import Data

The largest Baltic nation, Lithuania, acts as a vital commercial bridge connecting Eastern and Northern Europe. To sustain its industrial and service sectors, its open economy is largely dependent on imports of consumer goods, machinery, and energy. The capital and the hub of the nation's economy and logistics is Vilnius. As per Lithuania import data, with a population of over 2.7 million and a GDP of almost USD 80 billion, Lithuania is expected to import approximately USD 42 billion in 2024, demonstrating its crucial position in regional and EU supply chains.

As per Lithuania customs data, Lithuania's import structure emphasizes how its industrial foundation and consumer market are powered by modern automobiles, machinery, and refined petroleum. Local demand is additionally supported by food and pharmaceutical products.

68

Lithuania ranks around 68th globally by total import value.

0.09%

Lithuania accounts for approximately 0.09% of total world imports.

Poland

Poland is Lithuania’s top import partner, providing fuel, machinery, and food products.

Refined Petroleum

Refined petroleum dominates Lithuania’s imports due to its limited domestic energy production.

 

Top 10 Import Products of Lithuania

As per Lithuania customs import data, Lithuania's import basket demonstrates its need for food items, industrial equipment, and refined fuels to support its expanding consumer and industrial sectors.

  • Refined Petroleum (HS 2710): USD 6.30 Billion — 15.0%
  • Cars & Motor Vehicles (HS 8703): USD 4.20 Billion — 10.0%
  • Electrical Machinery (HS 8542): USD 3.78 Billion — 9.0%
  • Industrial Machinery (HS 8479): USD 3.15 Billion — 7.5%
  • Pharmaceuticals (HS 3004): USD 2.52 Billion — 6.0%
  • Plastics & Articles (HS 3901): USD 2.10 Billion — 5.0%
  • Telecommunications Equipment (HS 8517): USD 2.10 Billion — 5.0%
  • Iron & Steel (HS 7208): USD 1.89 Billion — 4.5%
  • Food & Beverages (HS 2106): USD 1.68 Billion — 4.0%
  • Furniture & Bedding (HS 9403): USD 1.26 Billion — 3.0%
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Top 10 Import Trading Partners of Lithuania

According to Lithuania shipments data, with Poland, Germany, and Latvia at the top of the supply chain, Lithuania mostly imports from its EU neighbors and important regional partners.

  • Poland: 18.0% — USD 7.56 Billion
  • Germany: 12.0% — USD 5.04 Billion
  • Latvia: 10.0% — USD 4.20 Billion
  • Russia: 9.0% — USD 3.78 Billion
  • Netherlands: 8.0% — USD 3.36 Billion
  • Sweden: 7.0% — USD 2.94 Billion
  • China: 6.0% — USD 2.52 Billion
  • Estonia: 5.0% — USD 2.10 Billion
  • Finland: 3.0% — USD 1.26 Billion
  • Denmark: 2.0% — USD 0.84 Billion

What Details Contain In Lithuania Import Data?

Every shipment arriving by land, air, or sea is included in Lithuania’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Italian import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Lithuania’s import statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Lithuania Import data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Lithuania’s import statistical data.
  • Investigate International Markets: Examine Lithuania’s purchasing trends to identify potential import markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.

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