Lithuania (LTU) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Lithuania-Spain In 2022, Lithuania exported $729M to Spain. The main products that Lithuania exported to Spain are Wheat ($103M), Other Furniture ($94.9M), and Refined Petroleum ($80.1M). During the last 27 years the exports of Lithuania to Spain have increased at an annualized rate of 9.55%, from $62.2M in 1995 to $729M in 2022.

In 2020, Lithuania exported services to Spain worth $25.7M, with Travel ($13.9M), Computer and information services ($6.4M), and Construction services ($3.88M) being the largest in terms of value.

Spain-Lithuania In 2022, Spain exported $667M to Lithuania. The main products that Spain exported to Lithuania were Cars ($45.5M), Wine ($29.8M), and Packaged Medicaments ($19.6M). During the last 27 years the exports of Spain to Lithuania have increased at an annualized rate of 13.7%, from $20.8M in 1995 to $667M in 2022.

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

Comparison In 2022, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $729M to Spain. The main products exported from Lithuania to Spain were Wheat ($103M), Other Furniture ($94.9M), and Refined Petroleum ($80.1M). During the last 27 years the exports of Lithuania to Spain have increased at an annualized rate of 9.55%, from $62.2M in 1995 to $729M in 2022.

In 2022, Spain exported $667M to Lithuania. The main products exported from Spain to Lithuania were Cars ($45.5M), Wine ($29.8M), and Packaged Medicaments ($19.6M). During the last 27 years the exports of Spain to Lithuania have increased at an annualized rate of 13.7%, from $20.8M in 1995 to $667M in 2022.

Exports from Lithuania () to Spain () (2022)

Exports from Spain () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Spain ()

Lithuania Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

Spain
Top DestinationFrance$65.2B

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

In 2021, countries that imported more from Lithuania than Spain were Latvia ($6.18B), Estonia ($2.27B), and Russia ($2.88B).

In 2021, countries that imported more from Spain than Lithuania were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Lithuania () (2022)

Comparative Advantage Lithuania - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lithuania had a large net trade with Spain in the exports of Vegetable Products ($151M), Mineral Products ($137M), and Miscellaneous ($114M).

During 2022, Spain had a large net trade with Lithuania in the exports of Machines ($102M), Chemical Products ($101M), and Foodstuffs ($88.5M).

Service Trade

Bilateral Service Trade

Ltu Year

In 2020, Lithuania exported services to Spain worth $25.7M, with Travel ($13.9M), Computer and information services ($6.4M), and Construction services ($3.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania () to Spain () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Lithuania has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Lithuania.

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Spain () (2022)

Exports from Spain () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Spain ()

Lithuania Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Lithuania () (2022)

Comparative Advantage Lithuania - Spain

Service Trade

Bilateral Service Trade

Services Exports from Lithuania () to Spain () (2020)

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Spain () (2022)

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