2023
Flag  
GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$27,786CURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Lithuania-China Trade: In 2023, Lithuania exported $179M to China. The main products that Lithuania exported to China were Scrap Copper ($33.6M), Other Plastic Products ($25.2M), and Electrical Control Boards ($17.3M). Over the past 5 years the exports of Lithuania to China have decreased at an annualized rate of 10.1%, from $306M in 2018 to $179M in 2023.

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 2023, China exported $1.89B to Lithuania. The main products that China exported to Lithuania were Semiconductor Devices ($167M), Broadcasting Equipment ($83.2M), and Bi-Wheel Vehicle Parts ($46.5M). Over the past 5 years the exports of China to Lithuania have increased at an annualized rate of 10.1%,  from $1.17B in 2018 to $1.89B in 2023.

In 2023, China did not export any services to Lithuania.

Comparison: In 2023,  Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lithuania exported $179M to China. The main products exported from Lithuania to China were Scrap Copper ($33.6M), Other Plastic Products ($25.2M), and Electrical Control Boards ($17.3M). During the last 5 years the exports of Lithuania to China have decreased at an annualized rate of 10.1%, from $306M in 2018 to $179M in 2023.

In 2018, China exported $1.89B to Lithuania. The main products exported from China to Lithuania were Semiconductor Devices ($167M), Broadcasting Equipment ($83.2M), and Bi-Wheel Vehicle Parts ($46.5M). During the last 5 years the exports of China to Lithuania have increased at an annualized rate of 10.1%, from $1.17B in 2023 to $1.89B in 2018.

Exports from Lithuania (Flag) to China (Flag) (2023)

Exports from China (Flag) to Lithuania (Flag) (2023)

Latest Data

Trade between Lithuania (Flag) and China (Flag)

Lithuania Exports

China Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$4.44B
China
Top Destination
United States$436B

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 2023, countries that imported more from Lithuania than China included Latvia ($4.44B), Gibraltar ($146M), and Guam ($185k).

In 2023, countries that imported more from China than Lithuania included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Lithuania (Flag) (2023)

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 2023, Lithuania had a large net trade with China in the exports of Metals ($40.4M), Machines ($39.3M), and Plastics and Rubbers ($26.4M).

During 2018, China had a large net trade with Lithuania in the exports of Machines ($842M), Metals ($163M), and Chemical Products ($159M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with