Lithuania (LTU) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

About

Lithuania-Luxembourg Trade: In 2023, Lithuania exported $66.4M to Luxembourg. The main products that Lithuania exported to Luxembourg were Rolled Tobacco ($34.4M), Polyacetals ($17.6M), and Wadding ($3.01M). Over the past 5 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 25.9%, from $21M in 2018 to $66.4M in 2023.

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 Trade: In 2023, Luxembourg exported $83.4M to Lithuania. The main products that Luxembourg exported to Lithuania were Rubber Tires ($22.9M), Other Cloth Articles ($14.7M), and Cars ($4.72M). Over the past 5 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 19.6%, from $34.1M in 2018 to $83.4M in 2023.

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 2023, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lithuania exported $66.4M to Luxembourg. The main products exported from Lithuania to Luxembourg were Rolled Tobacco ($34.4M), Polyacetals ($17.6M), and Wadding ($3.01M). During the last 5 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 25.9%, from $21M in 2018 to $66.4M in 2023.

In 2018, Luxembourg exported $83.4M to Lithuania. The main products exported from Luxembourg to Lithuania were Rubber Tires ($22.9M), Other Cloth Articles ($14.7M), and Cars ($4.72M). During the last 5 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 19.6%, from $34.1M in 2023 to $83.4M in 2018.

Exports from Lithuania () to Luxembourg () (2023)

Exports from Luxembourg () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Luxembourg ()

Lithuania Exports

Date

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$4.44B

Luxembourg
Top DestinationGermany$3.42B

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 2023, countries that imported more from Lithuania than Luxembourg included Latvia ($4.44B), Poland ($3.37B), and Russia ($2.32B).

In 2023, countries that imported more from Luxembourg than Lithuania included France ($2.8B), Belgium ($1.59B), and Hong Kong ($960M).

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

Comparative Advantage Lithuania - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lithuania had a large net trade with Luxembourg in the exports of Foodstuffs ($35M), Plastics and Rubbers ($17.8M), and Textiles ($3.46M).

During 2018, Luxembourg had a large net trade with Lithuania in the exports of Plastics and Rubbers ($25.5M), Textiles ($17.5M), and Transportation ($10.6M).

Bilateral Service Trade

Lux Year

Ltu Year

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 () to Luxembourg () (2020)

Services Exports from Luxembourg () 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 Luxembourg. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Luxembourg. Similarly, a dot/product with the flag of Luxembourg indicates it has a comparative advantage over Lithuania.

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Luxembourg () (2023)

Exports from Luxembourg () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Luxembourg ()

Lithuania Exports

Luxembourg Exports

Market Competitiveness

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

Comparative Advantage Lithuania - Luxembourg

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Keep Exploring