Lithuania (LTU) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Lithuania-Ireland Trade: In 2023, Lithuania exported $258M to Ireland. The main products that Lithuania exported to Ireland were Planes, Helicopters, and/or Spacecraft ($103M), Other Furniture ($10.1M), and Rolled Tobacco ($8.71M). Over the past 5 years the exports of Lithuania to Ireland have increased at an annualized rate of 11%, from $153M in 2018 to $258M in 2023.

In 2020, Lithuania exported services to Ireland worth $223M, with Computer and information services ($135M), Other business services ($47.3M), and Transportation ($33.7M) being the largest in terms of value.

Ireland-Lithuania Trade: In 2023, Ireland exported $181M to Lithuania. The main products that Ireland exported to Lithuania were Packaged Medicaments ($32M), Refrigerators ($16.1M), and Flavored Water ($15M). Over the past 5 years the exports of Ireland to Lithuania have increased at an annualized rate of 1.84%, from $165M in 2018 to $181M in 2023.

In 2020, Ireland exported services to Lithuania worth $33.1M, with Transportation ($13.7M), Other business services ($13.7M), and Travel ($3.43M) being the largest in terms of value.

Comparison: In 2023, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lithuania exported $258M to Ireland. The main products exported from Lithuania to Ireland were Planes, Helicopters, and/or Spacecraft ($103M), Other Furniture ($10.1M), and Rolled Tobacco ($8.71M). During the last 5 years the exports of Lithuania to Ireland have increased at an annualized rate of 11%, from $153M in 2018 to $258M in 2023.

In 2018, Ireland exported $181M to Lithuania. The main products exported from Ireland to Lithuania were Packaged Medicaments ($32M), Refrigerators ($16.1M), and Flavored Water ($15M). During the last 5 years the exports of Ireland to Lithuania have increased at an annualized rate of 1.84%, from $165M in 2023 to $181M in 2018.

Exports from Lithuania () to Ireland () (2023)

Exports from Ireland () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Ireland ()

Lithuania Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$4.44B

Ireland
Top DestinationUnited States$67.4B

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

In 2023, countries that imported more from Lithuania than Ireland included Latvia ($4.44B), Belarus ($1.84B), and Russia ($2.32B).

In 2023, countries that imported more from Ireland than Lithuania included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland () and Lithuania () (2023)

Comparative Advantage Lithuania - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lithuania had a large net trade with Ireland in the exports of Transportation ($108M), Foodstuffs ($33.3M), and Miscellaneous ($22.5M).

During 2018, Ireland had a large net trade with Lithuania in the exports of Chemical Products ($54.3M), Machines ($44M), and Foodstuffs ($28.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lithuania Ireland+$5.44MOther Furniture

Top Product Potential Ireland Lithuania+$17.9MPackaged Medicaments

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

Irl Year

Ltu Year

In 2020, Lithuania exported services to Ireland worth $223M, with Computer and information services ($135M), Other business services ($47.3M), and Transportation ($33.7M) being the largest in terms of value.

In 2020, Ireland exported services to Lithuania worth $33.1M, with Transportation ($13.7M), Other business services ($13.7M), and Travel ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Ireland () (2023)

Exports from Ireland () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Ireland ()

Lithuania Exports

Ireland Exports

Market Competitiveness

Difference in imports from Ireland () and Lithuania () (2023)

Comparative Advantage Lithuania - Ireland

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Ireland () (2023)

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