Finland / Lithuania

Finland-Lithuania Trade: In 2022, Finland exported $1.14B to Lithuania. The main products that Finland exported to Lithuania were Refined Petroleum ($187M), Cars ($71.3M), and Coal Tar Oil ($64.5M). Over the past 5 years the exports of Finland to Lithuania have increased at an annualized rate of 12.4%, from $633M in 2017 to $1.14B in 2022.

In 2020, Finland exported services to Lithuania worth $123M, with Other business services ($51.4M), Computer and information services ($37.7M), and Transportation ($17.1M) being the largest in terms of value.

Lithuania-Finland Trade: In 2022, Lithuania exported $838M to Finland. The main products that Lithuania exported to Finland were Iron Structures ($47.8M), Plastic Lids ($47.7M), and Rolled Tobacco ($33.8M). Over the past 5 years the exports of Lithuania to Finland have increased at an annualized rate of 5.52%,  from $490M in 2017 to $838M in 2022.

In 2020, Lithuania exported services to Finland worth $164M, with Transportation ($78.8M), Other business services ($44.4M), and Travel ($11.2M) being the largest in terms of value.

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).