Czechia (CZE) and Lithuania (LTU) Trade | The Observatory of Economic Complexity

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Czechia-Lithuania Trade: In 2023, Czechia exported $933M to Lithuania. The main products that Czechia exported to Lithuania were Broadcasting Equipment ($262M), Packaged Medicaments ($44.4M), and Cars ($28.5M). Over the past 5 years the exports of Czechia to Lithuania have increased at an annualized rate of 7.29%, from $656M in 2018 to $933M in 2023.

In 2019, Czechia exported services to Lithuania worth $75.7M, with Transportation ($30.7M), Travel ($21.9M), and Construction services ($18.5M) being the largest in terms of value.

Lithuania-Czechia Trade: In 2023, Lithuania exported $456M to Czechia. The main products that Lithuania exported to Czechia were Polyacetals ($32.4M), Electrical Control Boards ($30.8M), and Other Furniture ($29.9M). Over the past 5 years the exports of Lithuania to Czechia have increased at an annualized rate of 2.71%, from $399M in 2018 to $456M in 2023.

In 2020, Lithuania exported services to Czechia worth $59.6M, with Transportation ($36.9M), Other business services ($17.9M), and Travel ($2.28M) being the largest in terms of value.

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $933M to Lithuania. The main products exported from Czechia to Lithuania were Broadcasting Equipment ($262M), Packaged Medicaments ($44.4M), and Cars ($28.5M). During the last 5 years the exports of Czechia to Lithuania have increased at an annualized rate of 7.29%, from $656M in 2018 to $933M in 2023.

In 2018, Lithuania exported $456M to Czechia. The main products exported from Lithuania to Czechia were Polyacetals ($32.4M), Electrical Control Boards ($30.8M), and Other Furniture ($29.9M). During the last 5 years the exports of Lithuania to Czechia have increased at an annualized rate of 2.71%, from $399M in 2023 to $456M in 2018.

Exports from Czechia () to Lithuania () (2023)

Exports from Lithuania () to Czechia () (2023)

Latest Data

Trade between Czechia () and Lithuania ()

Czechia Exports

Date

Lithuania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Lithuania
Top DestinationLatvia$4.44B

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

In 2023, countries that imported more from Czechia than Lithuania included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Lithuania than Czechia included Latvia ($4.44B), Belarus ($1.84B), and Russia ($2.32B).

Difference in imports from Lithuania () and Czechia () (2023)

Comparative Advantage Czechia - Lithuania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Lithuania in the exports of Machines ($465M), Chemical Products ($106M), and Transportation ($75.7M).

During 2018, Lithuania had a large net trade with Czechia in the exports of Machines ($121M), Chemical Products ($65.4M), and Plastics and Rubbers ($61.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Lithuania+$34MCars

Top Product Potential Lithuania Czechia+$9.95MOther 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

Ltu Year

Cze Year

In 2019, Czechia exported services to Lithuania worth $75.7M, with Transportation ($30.7M), Travel ($21.9M), and Construction services ($18.5M) being the largest in terms of value.

In 2020, Lithuania exported services to Czechia worth $59.6M, with Transportation ($36.9M), Other business services ($17.9M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia () to Lithuania () (2019)

Services Exports from Lithuania () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Lithuania () (2023)

Exports from Lithuania () to Czechia () (2023)

Latest Data

Trade between Czechia () and Lithuania ()

Czechia Exports

Lithuania Exports

Market Competitiveness

Difference in imports from Lithuania () and Czechia () (2023)

Comparative Advantage Czechia - Lithuania

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Czechia () to Lithuania () (2019)

Services Exports from Lithuania () to Czechia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Czechia () and Lithuania () (2023)

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