Lithuania / Denmark

Lithuania-Denmark Trade: In 2022, Lithuania exported $1.08B to Denmark. The main products that Lithuania exported to Denmark were Industrial Fatty Acids, Oils and Alcohols ($117M), Seats ($94.8M), and Other Furniture ($79.1M). Over the past 5 years the exports of Lithuania to Denmark have increased at an annualized rate of 8.57%, from $718M in 2017 to $1.08B in 2022.

In 2020, Lithuania exported services to Denmark worth $611M, with Transportation ($477M), Computer and information services ($62.6M), and Other business services ($41.9M) being the largest in terms of value.

Denmark-Lithuania Trade: In 2022, Denmark exported $623M to Lithuania. The main products that Denmark exported to Lithuania were Pesticides ($32.1M), Coffee ($29.1M), and Scrap Iron ($23M). Over the past 5 years the exports of Denmark to Lithuania have increased at an annualized rate of 3.69%,  from $520M in 2017 to $623M in 2022.

In 2020, Denmark exported services to Lithuania worth $314M, with Transportation ($121M), Other business services ($59.5M), and Computer and information services ($55.2M) 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).