2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Lithuania-China Trade: In 2022, Lithuania exported $113M to China. The main products that Lithuania exported to China were Scrap Copper ($28.3M), Other Furniture ($13.6M), and Refined Copper ($12.2M). Over the past 5 years the exports of Lithuania to China have decreased at an annualized rate of 14.7%, from $251M in 2017 to $113M in 2022.

In 2020, Lithuania exported services to China worth $51.7M, with Transportation ($19.4M), Communications services ($14.6M), and Other business services ($13.9M) being the largest in terms of value.

China-Lithuania Trade: In 2022, China exported $2.09B to Lithuania. The main products that China exported to Lithuania were Broadcasting Equipment ($83.4M), Semiconductor Devices ($74M), and Electric Batteries ($54.3M). Over the past 5 years the exports of China to Lithuania have increased at an annualized rate of 10%,  from $1.3B in 2017 to $2.09B in 2022.

In 2022, China did not export any services to Lithuania.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $113M to China. The main products exported from Lithuania to China were Scrap Copper ($28.3M), Other Furniture ($13.6M), and Refined Copper ($12.2M). During the last 5 years the exports of Lithuania to China have decreased at an annualized rate of 14.7%, from $251M in 2017 to $113M in 2022.

In 2017, China exported $2.09B to Lithuania. The main products exported from China to Lithuania were Broadcasting Equipment ($83.4M), Semiconductor Devices ($74M), and Electric Batteries ($54.3M). During the last 5 years the exports of China to Lithuania have increased at an annualized rate of 10%, from $1.3B in 2022 to $2.09B in 2017.

Exports from Lithuania (Flag) to China (Flag) (2022)

Exports from China (Flag) to Lithuania (Flag) (2022)

Latest Data

Trade between Lithuania (Flag) and China (Flag)

Lithuania Exports

China Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Lithuania than China included Latvia ($6.18B), Estonia ($2.27B), and Gibraltar ($141M).

In 2022, countries that imported more from China than Lithuania included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Lithuania (Flag) (2022)

Comparative Advantage Lithuania - China

Flow
Scale

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

During 2022, Lithuania had a large net trade with China in the exports of Metals ($41.7M), Machines ($20.8M), and Miscellaneous ($14.4M).

During 2017, China had a large net trade with Lithuania in the exports of Machines ($852M), Chemical Products ($187M), and Metals ($187M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania China+$15.8MOther Furniture
Top Product Potential China Lithuania+$97.4MTelephones

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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Economic Complexity

Competitive Landscape

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

Product Space of Lithuania (Flag) and China (Flag) (2022)

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