Italy / Lithuania

Italy-Lithuania Trade: In 2023, Italy exported $1.7B to Lithuania. The main products that Italy exported to Lithuania were Wine ($86.4M), Perfumes ($53.4M), and Packaged Medicaments ($51.7M). Over the past 5 years the exports of Italy to Lithuania have increased at an annualized rate of 0.23%, from $1.68B in 2018 to $1.7B in 2023.

In 2020, Italy exported services to Lithuania worth $157M, with Transportation ($70.2M), Travel ($52.8M), and Other business services ($25M) being the largest in terms of value.

Lithuania-Italy Trade: In 2023, Lithuania exported $976M to Italy. The main products that Lithuania exported to Italy were Cheese ($125M), Dried/Salted/Smoked/Brined Fish ($109M), and Other Furniture ($77.9M). Over the past 5 years the exports of Lithuania to Italy have increased at an annualized rate of 8.01%,  from $664M in 2018 to $976M in 2023.

In 2020, Lithuania exported services to Italy worth $372M, with Transportation ($343M), Travel ($14.8M), and Other business services ($7.31M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).