Key Market Indicators
Lithuania is projected to see an increase in smart card exports and imports in the coming years. Exports of smart cards from Lithuania are expected to reach 1.4 million items by 2026, a 1.2% annual growth rate compared to 2021. Since 2012, exports have increased by 2% annually. In 2021, Lithuania was ranked 21st, behind Bulgaria's 1.3 million items. Germany, Spain and the Netherlands were the top three countries in this ranking. Imports of smart cards to Lithuania are set to reach almost 19 million items by 2026, a 3.8% annual growth rate compared to 2021. Since 2012, imports have risen 21.2% annually. In 2021, Lithuania was ranked 18th, behind Latvia's 15 million items. The Netherlands, Spain and France were the top three countries in this ranking.
