2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
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 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
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GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Lithuania-Czechia Trade: In 2022, Lithuania exported $547M to Czechia. The main products that Lithuania exported to Czechia were Polyacetals ($57.1M), Packaged Medicaments ($31.7M), and Other Furniture ($26.5M). Over the past 5 years the exports of Lithuania to Czechia have increased at an annualized rate of 9.47%, from $348M in 2017 to $547M in 2022.

In 2020, Lithuania exported services to Czechia worth $59.6M, with Transportation ($36.9M), Other business services ($17.9M), and Travel ($2.28M) being the largest in terms of value.

Czechia-Lithuania Trade: In 2022, Czechia exported $1.04B to Lithuania. The main products that Czechia exported to Lithuania were Broadcasting Equipment ($271M), Cars ($56.8M), and Packaged Medicaments ($39.9M). Over the past 5 years the exports of Czechia to Lithuania have increased at an annualized rate of 8.53%,  from $687M in 2017 to $1.04B in 2022.

In 2019, Czechia exported services to Lithuania worth $75.7M, with Transportation ($30.7M), Travel ($21.9M), and Construction services ($18.5M) 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $547M to Czechia. The main products exported from Lithuania to Czechia were Polyacetals ($57.1M), Packaged Medicaments ($31.7M), and Other Furniture ($26.5M). During the last 5 years the exports of Lithuania to Czechia have increased at an annualized rate of 9.47%, from $348M in 2017 to $547M in 2022.

In 2017, Czechia exported $1.04B to Lithuania. The main products exported from Czechia to Lithuania were Broadcasting Equipment ($271M), Cars ($56.8M), and Packaged Medicaments ($39.9M). During the last 5 years the exports of Czechia to Lithuania have increased at an annualized rate of 8.53%, from $687M in 2022 to $1.04B in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Czechia (Flag)

Lithuania Exports

Czechia Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Lithuania than Czechia included Latvia ($6.18B), Estonia ($2.27B), and Belarus ($1.5B).

In 2022, countries that imported more from Czechia than Lithuania included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Lithuania - Czechia

Flow
Scale

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

During 2022, Lithuania had a large net trade with Czechia in the exports of Machines ($105M), Plastics and Rubbers ($89.8M), and Chemical Products ($81.3M).

During 2017, Czechia had a large net trade with Lithuania in the exports of Machines ($506M), Transportation ($100M), and Chemical Products ($93.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Czechia+$9.95MOther Furniture
Top Product Potential Czechia Lithuania+$34MCars

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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Bilateral Service Trade

In 2020, Lithuania exported services to Czechia worth $59.6M, with Transportation ($36.9M), Other business services ($17.9M), and Travel ($2.28M) being the largest in terms of value.

In 2019, Czechia exported services to Lithuania worth $75.7M, with Transportation ($30.7M), Travel ($21.9M), and Construction services ($18.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to Czechia (Flag) (2020)

Services Exports from Czechia (Flag) to Lithuania (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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