According to the Observatory of Economic Complexity, refined petroleum is Lithuania’s leading export. In 2012 it accounted for 22.93% of exports, followed by fertilizer, which accounted for 3%. Wheat, polyacetals and chemicals are other major exports.
What are the major imports and exports of Lithuania?
Economy of Lithuania
|Export goods||Refined fuel, machinery and equipment, chemicals, textiles, foodstuffs, plastics|
|Main export partners||Russia(+) 15% Latvia(+) 9.9% Poland(+) 8.1% Germany(+) 7.3% United States(+) 5.3% Estonia(+) 5% Sweden(+) 4.8% (2017)|
|Imports||$31.56 billion (2017 est.)|
What are the main imports of Lithuania?
Imports The top imports of Lithuania are Crude Petroleum ($2.4B), Cars ($1.53B), Packaged Medicaments ($966M), Refined Petroleum ($732M), and Electricity ($730M), importing mostly from Poland ($3.93B), Russia ($3.87B), Germany ($3.83B), Latvia ($2.41B), and Netherlands ($1.74B).
What are the 3 top exports?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion. …
- Crude oil, fuel and other petroleum products: $109 billion. …
- Civilian aircraft and aircraft engines: $99 billion. …
- Auto parts, engines and car tires: $86 billion. …
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
What are the products of Lithuania?
Unique Lithuanian products
- Amber. The miracle that the sea gives us. …
- Linen. It was once as if the sky was reflected in our fields – the blue of the flax coloured them like an artist’s pastel. …
- Wool. Wool has come a long way in Lithuania. …
- Black ceramics. …
- Wood. …
- Honey. …
- Apple cheese. …
Is Poland richer than Lithuania?
Lithuania is slightly more expensive than Poland, but in general the prices are very reasonable in both countries.
What is Lithuania famous for?
Lithuania is famous for its landscapes, flatlands, abundant forests, lakes and marches. In addition, the seaside with its sandy beaches where amber may be found and the Curonian Spit with its impressive images and dunes attract tourists as well.
What is America’s number 1 export?
Searchable List of America’s Most Valuable Export Products
|Rank||US Export Product||2020 Value (US$)|
|1||Processed petroleum oils||$60,709,450,000|
Which country exports the most?
Top Export Countries
|Rank||Country||2020 Export Sales (US$)|
What is the average salary in Lithuania?
A person working in Lithuania earns an average gross salary of $22,520/year, $1,734/month, and $9.91/hour, Salaries look even more impressive in net wage thanks to the reduced tax burden. In that case, the average monthly net salary (after tax) is $852.51.