Cyprus / Lithuania

Cyprus-Lithuania Trade: In 2022, Cyprus exported $11.6M to Lithuania. The main products that Cyprus exported to Lithuania were Packaged Medicaments ($4.97M), Pesticides ($1.21M), and Other Edible Preparations ($749k). Over the past 5 years the exports of Cyprus to Lithuania have decreased at an annualized rate of 15.6%, from $27.2M in 2017 to $11.6M in 2022.

In 2020, Cyprus exported services to Lithuania worth $3.43M, with Financial services ($2.28M) and Travel ($1.14M) being the largest in terms of value.

Lithuania-Cyprus Trade: In 2022, Lithuania exported $24.8M to Cyprus. The main products that Lithuania exported to Cyprus were Polyacetals ($3.35M), Passenger and Cargo Ships ($2.9M), and Insulated Wire ($1.04M). Over the past 5 years the exports of Lithuania to Cyprus have increased at an annualized rate of 9.56%,  from $12M in 2017 to $24.8M in 2022.

In 2020, Lithuania exported services to Cyprus worth $70.2M, with Computer and information services ($46.3M), Transportation ($12.9M), and Other business services ($7.77M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).