Lithuania / Austria

Lithuania-Austria Trade: In 2022, Lithuania exported $406M to Austria. The main products that Lithuania exported to Austria were Rolled Tobacco ($99.7M), Other Furniture ($32.8M), and Enzymes ($19.9M). Over the past 5 years the exports of Lithuania to Austria have increased at an annualized rate of 20.1%, from $162M in 2017 to $406M in 2022.

In 2020, Lithuania exported services to Austria worth $419M, with Transportation ($402M), Other business services ($8.68M), and Financial services ($2.51M) being the largest in terms of value.

Austria-Lithuania Trade: In 2022, Austria exported $483M to Lithuania. The main products that Austria exported to Lithuania were Packaged Medicaments ($38.5M), Tractors ($25.4M), and Nitrogenous Fertilizers ($17.1M). Over the past 5 years the exports of Austria to Lithuania have increased at an annualized rate of 3.41%,  from $312M in 2017 to $483M in 2022.

In 2020, Austria exported services to Lithuania worth $69.7M, with Transportation ($21.7M), Travel ($12.6M), and Computer and information services ($12.6M) being the largest in terms of value.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).