2022
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GDP
$70.3BCURRENT US$
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2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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 GDP
$74.4BCURRENT US$
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2012-2022
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GDP GROWTH
5.62%CURRENT US$
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GDP PC 
$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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2022
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GDP PC
$3,354CURRENT US$
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2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
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About

Lithuania-Sri Lanka In 2022, Lithuania exported $3.12M to Sri Lanka. The main products that Lithuania exported to Sri Lanka are Planes, Helicopters, and/or Spacecraft ($1.92M), Metal Stoppers ($306k), and Other Wood Articles ($175k). During the last 25 years the exports of Lithuania to Sri Lanka have increased at an annualized rate of 8.96%, from $365k in 1997 to $3.12M in 2022.

In 2022, Lithuania did not export any services to Sri Lanka.

Sri Lanka-Lithuania In 2022, Sri Lanka exported $6.04M to Lithuania. The main products that Sri Lanka exported to Lithuania were Tea ($2.05M), Coconut Oil ($810k), and Activated Carbon ($789k). During the last 25 years the exports of Sri Lanka to Lithuania have increased at an annualized rate of 12.9%, from $288k in 1997 to $6.04M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $3.12M to Sri Lanka. The main products exported from Lithuania to Sri Lanka were Planes, Helicopters, and/or Spacecraft ($1.92M), Metal Stoppers ($306k), and Other Wood Articles ($175k). During the last 25 years the exports of Lithuania to Sri Lanka have increased at an annualized rate of 8.96%, from $365k in 1997 to $3.12M in 2022.

In 2022, Sri Lanka exported $6.04M to Lithuania. The main products exported from Sri Lanka to Lithuania were Tea ($2.05M), Coconut Oil ($810k), and Activated Carbon ($789k). During the last 27 years the exports of Sri Lanka to Lithuania have increased at an annualized rate of 12.9%, from $288k in 1995 to $6.04M in 2022.

Exports from Lithuania (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Lithuania (Flag) (2022)

Latest Data

Trade between Lithuania (Flag) and Sri Lanka (Flag)

Lithuania Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Sri Lanka
Top Destination
United States$3.52B

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

In 2021, countries that imported more from Lithuania than Sri Lanka were Latvia ($6.18B), Poland ($3.91B), and Russia ($2.88B).

In 2021, countries that imported more from Sri Lanka than Lithuania were India ($1.12B), United States ($3.52B), and United Arab Emirates ($397M).

Difference in imports from Sri Lanka (Flag) and Lithuania (Flag) (2022)

Comparative Advantage Lithuania - Sri Lanka

Flow
Scale

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

During 2022, Lithuania had a large net trade with Sri Lanka in the exports of Transportation ($1.95M), Textiles ($401k), and Metals ($307k).

During 2022, Sri Lanka had a large net trade with Lithuania in the exports of Vegetable Products ($2.28M), Plastics and Rubbers ($971k), and Chemical Products ($810k).

Economic Complexity

Competitive Landscape

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 Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Lithuania.

Product Space of Lithuania (Flag) and Sri Lanka (Flag) (2022)

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