2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Lithuania-Hong Kong Trade: In 2022, Lithuania exported $77.5M to Hong Kong. The main products that Lithuania exported to Hong Kong were Office Machine Parts ($8.28M), Computers ($6.32M), and Beauty Products ($5.93M). Over the past 5 years the exports of Lithuania to Hong Kong have increased at an annualized rate of 13.9%, from $40.4M in 2017 to $77.5M in 2022.

In 2020, Lithuania exported services to Hong Kong worth $8.91M, with Transportation ($5.03M), Other business services ($1.71M), and Computer and information services ($1.48M) being the largest in terms of value.

Hong Kong-Lithuania Trade: In 2022, Hong Kong exported $58.2M to Lithuania. The main products that Hong Kong exported to Lithuania were Computers ($28.1M), Aluminium Bars ($3.44M), and Semiconductor Devices ($2.9M). Over the past 5 years the exports of Hong Kong to Lithuania have increased at an annualized rate of 16.9%,  from $26.7M in 2017 to $58.2M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Latest Data

Trade between Lithuania (Flag) and Hong Kong (Flag)

Lithuania Exports

Hong Kong Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Lithuania than Hong Kong included Latvia ($6.18B), Poland ($3.91B), and Estonia ($2.27B).

In 2022, countries that imported more from Hong Kong than Lithuania included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Lithuania (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Hong Kong+$7.86MComputers
Top Product Potential Hong Kong Lithuania+$4.43MComputers

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 Hong Kong. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Lithuania.

Product Space of Lithuania (Flag) and Hong Kong (Flag) (NaN)

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