Lithuania (LTU) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Lithuania-Portugal In 2022, Lithuania exported $140M to Portugal. The main products that Lithuania exported to Portugal are Polyacetals ($43.8M), Other Plastic Products ($8.25M), and Other Edible Preparations ($5.23M). During the last 27 years the exports of Lithuania to Portugal have increased at an annualized rate of 7.62%, from $19.3M in 1995 to $140M in 2022.

In 2020, Lithuania exported services to Portugal worth $14.5M, with Transportation ($12.7M), Travel ($914k), and Computer and information services ($457k) being the largest in terms of value.

Portugal-Lithuania In 2022, Portugal exported $214M to Lithuania. The main products that Portugal exported to Lithuania were Polycarboxylic Acids ($99.6M), Wine ($10.8M), and Hot-Rolled Iron Bars ($10.6M). During the last 27 years the exports of Portugal to Lithuania have increased at an annualized rate of 9.27%, from $19.6M in 1995 to $214M in 2022.

In 2020, Portugal exported services to Lithuania worth $9.14M, with Travel ($9.14M) being the largest in terms of value.

Comparison In 2022, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B). That same year, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $140M to Portugal. The main products exported from Lithuania to Portugal were Polyacetals ($43.8M), Other Plastic Products ($8.25M), and Other Edible Preparations ($5.23M). During the last 27 years the exports of Lithuania to Portugal have increased at an annualized rate of 7.62%, from $19.3M in 1995 to $140M in 2022.

In 2022, Portugal exported $214M to Lithuania. The main products exported from Portugal to Lithuania were Polycarboxylic Acids ($99.6M), Wine ($10.8M), and Hot-Rolled Iron Bars ($10.6M). During the last 27 years the exports of Portugal to Lithuania have increased at an annualized rate of 9.27%, from $19.6M in 1995 to $214M in 2022.

Exports from Lithuania () to Portugal () (2022)

Exports from Portugal () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Portugal ()

Lithuania Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

Portugal
Top DestinationSpain$20.5B

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

In 2021, countries that imported more from Lithuania than Portugal were Latvia ($6.18B), Russia ($2.88B), and Poland ($3.91B).

In 2021, countries that imported more from Portugal than Lithuania were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal () and Lithuania () (2022)

Comparative Advantage Lithuania - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lithuania had a large net trade with Portugal in the exports of Plastics and Rubbers ($54.7M), Machines ($15.6M), and Foodstuffs ($15M).

During 2022, Portugal had a large net trade with Lithuania in the exports of Chemical Products ($103M), Metals ($32.7M), and Foodstuffs ($16.8M).

Service Trade

Bilateral Service Trade

Prt Year

Ltu Year

In 2020, Lithuania exported services to Portugal worth $14.5M, with Transportation ($12.7M), Travel ($914k), and Computer and information services ($457k) being the largest in terms of value.

In 2020, Portugal exported services to Lithuania worth $9.14M, with Travel ($9.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

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 Lithuania has comparative advantage over Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Lithuania.

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Portugal () (2022)

Exports from Portugal () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Portugal ()

Lithuania Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Lithuania () (2022)

Comparative Advantage Lithuania - Portugal

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Portugal () (2022)

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