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
$82.3BCURRENT US$
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2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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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
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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About

Lithuania-Luxembourg In 2022, Lithuania exported $56.8M to Luxembourg. The main products that Lithuania exported to Luxembourg are Rolled Tobacco ($26.3M), Polyacetals ($7.91M), and Disc Chemicals for Electronics ($3.27M). During the last 23 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 21.9%, from $603k in 1999 to $56.8M in 2022.

In 2020, Lithuania exported services to Luxembourg worth $79.3M, with Transportation ($72.2M), Other business services ($4.45M), and Computer and information services ($1.6M) being the largest in terms of value.

Luxembourg-Lithuania In 2022, Luxembourg exported $51M to Lithuania. The main products that Luxembourg exported to Lithuania were Rubber Tires ($15.3M), Cars ($3.68M), and Confectionery Sugar ($2.86M). During the last 23 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 8.39%, from $8M in 1999 to $51M in 2022.

In 2020, Luxembourg exported services to Lithuania worth $14.8M, with Transportation ($6.85M), Other business services ($6.85M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2022,  Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96),  and 62 in total exports ($46.9B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $56.8M to Luxembourg. The main products exported from Lithuania to Luxembourg were Rolled Tobacco ($26.3M), Polyacetals ($7.91M), and Disc Chemicals for Electronics ($3.27M). During the last 23 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 21.9%, from $603k in 1999 to $56.8M in 2022.

In 2022, Luxembourg exported $51M to Lithuania. The main products exported from Luxembourg to Lithuania were Rubber Tires ($15.3M), Cars ($3.68M), and Confectionery Sugar ($2.86M). During the last 23 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 8.39%, from $8M in 1999 to $51M in 2022.

Exports from Lithuania (Flag) to Luxembourg (Flag) (2022)

Exports from Luxembourg (Flag) to Lithuania (Flag) (2022)

Latest Data

Trade between Lithuania (Flag) and Luxembourg (Flag)

Lithuania Exports

Luxembourg Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Luxembourg
Top Destination
Germany$4.15B

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

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

In 2021, countries that imported more from Luxembourg than Lithuania were France ($3.07B), Belgium ($2.09B), and Germany ($4.15B).

Difference in imports from Luxembourg (Flag) and Lithuania (Flag) (2022)

Comparative Advantage Lithuania - Luxembourg

Flow
Scale

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

During 2022, Lithuania had a large net trade with Luxembourg in the exports of Foodstuffs ($26.5M), Plastics and Rubbers ($8.2M), and Machines ($6.1M).

During 2022, Luxembourg had a large net trade with Lithuania in the exports of Plastics and Rubbers ($17.9M), Machines ($6.81M), and Metals ($5.91M).

Service Trade

Bilateral Service Trade

In 2020, Lithuania exported services to Luxembourg worth $79.3M, with Transportation ($72.2M), Other business services ($4.45M), and Computer and information services ($1.6M) being the largest in terms of value.

In 2020, Luxembourg exported services to Lithuania worth $14.8M, with Transportation ($6.85M), Other business services ($6.85M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to Luxembourg (Flag) (2020)

Services Exports from Luxembourg (Flag) to Lithuania (Flag) (2020)

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

Product Space of Lithuania (Flag) and Luxembourg (Flag) (2022)

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