2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186

About

China-Lithuania Trade: In 2022, China exported $2.09B to Lithuania. The main products that China exported to Lithuania were Broadcasting Equipment ($83.4M), Semiconductor Devices ($74M), and Electric Batteries ($54.3M). Over the past 5 years the exports of China to Lithuania have increased at an annualized rate of 10%, from $1.3B in 2017 to $2.09B in 2022.

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

Lithuania-China Trade: 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). Over the past 5 years the exports of Lithuania to China have decreased at an annualized rate of 12.5%,  from $251M in 2017 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 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).

Historical Data

Market Competitiveness

Color
China
Top Destination
United States$551B
Lithuania
Top Destination
Latvia$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 2022, countries that imported more from China than Lithuania included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Lithuania than China included Latvia ($6.18B), Estonia ($2.27B), and Gibraltar ($141M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Lithuania+$97.4MTelephones
Top Product Potential Lithuania China+$15.8MOther Furniture

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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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)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Lithuania. This means that a dot/product with the flag of China indicates it has a comparative advantage over Lithuania. Similarly, a dot/product with the flag of Lithuania indicates it has a comparative advantage over China.

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

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