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Pricing

2022
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Exports $2.09BRnk 106 / 211
2022
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Top Product $83.4MBroadcasting Equipment
2022
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Exports $113MRnk 45 / 196
2022
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Top Product $28.3MScrap Copper
2022
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Economic Complexity (ECI) ECI 1.01Rnk 24 / 124
2022
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Economic Complexity (ECI) ECI 0.96Rnk 27 / 124
2022
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GDP$18TCURRENT US$
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2012-2022
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GDP GROWTH111%CURRENT US$
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2022
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 GDP$70.3BCURRENT US$
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2012-2022
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GDP GROWTH63.8%CURRENT US$
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2022
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GDP PC $12,720CURRENT US$
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2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH72.8%CURRENT US$
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About

China-Lithuania In 2022, China exported $2.09B to Lithuania. The main products that China exported to Lithuania are Broadcasting Equipment ($83.4M), Semiconductor Devices ($74M), and Electric Batteries ($54.3M). During the last 27 years the exports of China to Lithuania have increased at an annualized rate of 28.4%, from $2.44M in 1995 to $2.09B in 2022.

In 2022, China did not export any services to Lithuania.

Lithuania-China In 2022, Lithuania exported $113M to China. The main products that Lithuania exported to China were Scrap Copper ($28.3M), Other Furniture ($13.6M), and Refined Copper ($12.2M). During the last 27 years the exports of Lithuania to China have increased at an annualized rate of 18.5%, from $1.16M in 1995 to $113M in 2022.

In 2020, Lithuania exported services to China worth $51.7M, with Transportation ($19.4M), Communications services ($14.6M), and Other business services ($13.9M) being the largest in terms of value.

Comparison In 2022,  China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). That same year, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B).

Latest Trends

February, 2024

About

Overview In February 2024, China exported $118M and imported $12.8M from Lithuania, resulting in a positive trade balance of $105M. Between February 2023 and February 2024 the exports of China have increased by $9.91M (9.17%) from $108M to $118M, while imports increased by $6.48M (103%) from $6.29M to $12.8M.

Trade In February 2024, the top exports of China to Lithuania were Semiconductor Devices ($22.4M), Polyacetals ($9.97M), Bi-Wheel Vehicle Parts ($5.91M), Motor vehicles; parts and accessories (8701... ($4.71M), and Telephones ($4.42M). In February 2024 the top imports of China from Lithuania were Laboratory Reagents ($1.27M), Other Furniture ($1.21M), Electrical Control Boards ($729k), Thermostats ($596k), and Machines and apparatus of a kind... ($341k).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($26.9M), Zhejiang Province ($22.4M), Jiangsu Province ($19.3M), Shandong Province ($9.48M), and Fujian Province ($6.13M), while imports destinations were mainly Shanghai Province ($6.13M), Guangdong Province ($2.25M), Jiangsu Province ($1.49M), Zhejiang Province ($749k), and Beijing ($678k).

Growth In February 2024, the increase in China's year-by-year exports to Lithuania was explained primarily by an increase in product exports in Semiconductor Devices ($21M or 1.51k%), Machinery Having Individual Functions ($3.07M or 746%), and Rubber Tires ($2.46M or 162%). In February 2024, the increase in China's year-by-year imports  from Lithuania was explained primarily by an increase in product imports  in Knit T-shirts ($26.2k or 2.12k%), Non-Knit Women's Suits ($19.3k or 341%), and Paper Notebooks ($13.4k or 24.8k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$9.91M(9.17%)
IMPORT GROWTH (February 2023 - February 2024)$6.48M(103%)
MAIN EXPORTER (February 2024)Guangdong Province$26.9M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Lithuania and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $2.09B to Lithuania. The main products exported from China to Lithuania were Broadcasting Equipment ($83.4M), Semiconductor Devices ($74M), and Electric Batteries ($54.3M). During the last 27 years the exports of China to Lithuania have increased at an annualized rate of 28.4%, from $2.44M in 1995 to $2.09B in 2022.

In 2022, Lithuania exported $113M to China. The main products exported from Lithuania to China were Scrap Copper ($28.3M), Other Furniture ($13.6M), and Refined Copper ($12.2M). During the last 27 years the exports of Lithuania to China have increased at an annualized rate of 18.5%, from $1.16M in 1995 to $113M in 2022.

Exports from China (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Lithuania
Top DestinationLatvia$6.18B

This map shows whether countries import more from China or Lithuania. Each country is colored based on the difference in imports they receive from China and Lithuania or the difference in the growth in imports.

In 2021, countries that imported more from China than Lithuania were United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2021, countries that imported more from Lithuania than China were Latvia ($6.18B), Estonia ($2.27B), and Gibraltar ($141M).

Difference in imports from Lithuania (Flag) and China (Flag) (2022)

Comparative Advantage China - Lithuania

Flow
Scale

This chart compares trade between China and Lithuania by product, considering products traded by both, China and Lithuania.

During 2022, China had a large net trade with Lithuania in the exports of Machines ($852M), Chemical Products ($187M), and Metals ($187M).

During 2022, Lithuania had a large net trade with China in the exports of Metals ($41.7M), Machines ($20.8M), and Miscellaneous ($14.4M).

Service Trade

Bilateral Service Trade

In 2020, Lithuania exported services to China worth $51.7M, with Transportation ($19.4M), Communications services ($14.6M), and Other business services ($13.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to China (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over Lithuania. Similarly, the more yellow a dot/product is, the more Lithuania has comparative advantage over China.

Product Space of China (Flag) and Lithuania (Flag) (2022)

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