Lithuania: Merchandise imports by the reporting economy (current US$)

Key figures

What the numbers say

In 2023, Lithuania's merchandise imports by the reporting economy (current US$) fell 12.1% on 2022 (from US$55.05 billion to US$48.38 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +19.5% and a typical year strayed about 29.4% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 123% in 1993 and the biggest yearly fall was 41.3% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$2.44 billion a year. A straight line explains 68% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Lithuania had the 61st highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Lithuania in the 2023 ranking

• Iran, Islamic Rep. — 58th of 205: US$52.73 billion
• New Zealand — 59th of 205: US$50.4 billion
• Pakistan — 60th of 205: US$49.45 billion
• Croatia — 62nd of 205: US$43.25 billion
• Algeria — 63rd of 205: US$42.56 billion
• Serbia — 64th of 205: US$39.76 billion

What this measures

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 32 values

Merchandise imports by the reporting economy (current US$) in nearby economies

• Albania — US$8.69 billion (2023)
• Armenia — US$12.46 billion (2023)
• Austria — US$226.25 billion (2023)
• Azerbaijan — US$17.28 billion (2023)
• Belarus — US$57.11 billion (2023)
• Belgium — US$555.3 billion (2023)
• Bosnia and Herzegovina — US$15.34 billion (2023)
• Bulgaria — US$53.42 billion (2023)
• Croatia — US$43.25 billion (2023)

More private sector & trade data for Lithuania

• Merchandise imports (current US$) — US$49.01 billion (2025)
• Merchandise exports (current US$) — US$41.63 billion (2025)
• Agricultural raw materials imports (% of merchandise imports) — 1.67% (2025)
• Food imports (% of merchandise imports) — 13.07% (2025)
• Fuel imports (% of merchandise imports) — 16.25% (2025)
• Manufactures imports (% of merchandise imports) — 62.97% (2025)
• Ores and metals imports (% of merchandise imports) — 2.01% (2025)
• Computer, communications and other services (% of commercial service imports) — 38% (2025)
• Commercial service imports (current US$)

Reading data like this

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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lithuania's merchandise imports by the reporting economy (current US$)?

US$48.38 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 7,833% from US$609.83 million in 1992 (15.15% a year on average, compounded). The highest value was US$55.05 billion in 2022 and the lowest US$609.83 million in 1992.

How does Lithuania rank?

61st highest of 205 economies with data for 2023.

Is the latest change in merchandise imports by the reporting economy (current US$) unusual for Lithuania?

In 2023, Lithuania's merchandise imports by the reporting economy (current US$) fell 12.1% on 2022 (from US$55.05 billion to US$48.38 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +19.5% and a typical year strayed about 29.4% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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