Flag Lithuania / Norway Flag

2021
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Exports
: $1.17B, Rnk 11 / 191

2021
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Top Product
: $127M, Other Furniture

2021
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Exports
: $539M, Rnk 26 / 204

2021
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Top Product
: $255M, Non-fillet Fresh Fish

2021
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Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 131

2021
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Economic Complexity (ECI)
: ECI 0.69, Rnk 38 / 131

2021
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GDP
: $65.5B, CURRENT US$
Rnk 75 / 182

2011-2021
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GDP GROWTH
: 50.5%, CURRENT US$
Rnk 49 / 182

2021
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 GDP
: $482B, CURRENT US$
Rnk 27 / 182

2011-2021
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GDP GROWTH
: -3.18%, CURRENT US$
Rnk 156 / 182

2021
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GDP PC 
: $23,433, CURRENT US$
Rnk 40 / 182

2011-2021
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GDP PC GROWTH
: 63%, CURRENT US$
Rnk 17 / 182

2021
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GDP PC
: $89,203, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 150 / 182

Lithuania-Norway In 2021, Lithuania exported $1.17B to Norway. The main products that Lithuania exported to Norway are Other Furniture ($127M), Seats ($119M), and Rolled Tobacco ($94.5M). During the last 26 years the exports of Lithuania to Norway have increased at an annualized rate of 15%, from $30.5M in 1995 to $1.17B in 2021.

In 2020, Lithuania exported services to Norway worth $364M, with Transportation ($202M), Other business services ($71M), and Construction services ($45.5M) being the largest in terms of value.

Norway-Lithuania In 2021, Norway exported $539M to Lithuania. The main products that Norway exported to Lithuania were Non-fillet Fresh Fish ($255M), Non-fillet Frozen Fish ($67.1M), and Laboratory Reagents ($34.6M). During the last 26 years the exports of Norway to Lithuania have increased at an annualized rate of 11.1%, from $34.9M in 1995 to $539M in 2021.

In 2009, Norway exported services to Lithuania worth $12.8M, with Travel ($8.15M), Other business services ($2.4M), and Construction services ($1.44M) being the largest in terms of value.

Comparison In 2021,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.91), and 62 in total exports ($40.8B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Lithuania exported $1.17B to Norway. The main products exported from Lithuania to Norway were Other Furniture ($127M), Seats ($119M), and Rolled Tobacco ($94.5M). During the last 26 years the exports of Lithuania to Norway have increased at an annualized rate of 15%, from $30.5M in 1995 to $1.17B in 2021.

In 2021, Norway exported $539M to Lithuania. The main products exported from Norway to Lithuania were Non-fillet Fresh Fish ($255M), Non-fillet Frozen Fish ($67.1M), and Laboratory Reagents ($34.6M). During the last 26 years the exports of Norway to Lithuania have increased at an annualized rate of 11.1%, from $34.9M in 1995 to $539M in 2021.

Lithuania Exports

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Norway Exports

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Market Competitiveness

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Color

Lithuania
Top Destination
: Russia, $4.14B

Norway
Top Destination
: United Kingdom, $33.5B

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

In 2021, countries that imported more from Lithuania than Norway were Russia ($4.14B), Latvia ($3.65B), and Estonia ($1.66B).

In 2021, countries that imported more from Norway than Lithuania were United Kingdom ($33.5B), Germany ($31.5B), and Sweden ($13.7B).

Comparative Advantage Lithuania - Norway

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Flow
Scale

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

During 2021, Lithuania had a large net trade with Norway in the exports of Miscellaneous ($365M), Metals ($143M), and Foodstuffs ($137M).

During 2021, Norway had a large net trade with Lithuania in the exports of Animal Products ($358M), Chemical Products ($52.9M), and Machines ($24.1M).

Bilateral Service Trade

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In 2020, Lithuania exported services to Norway worth $364M, with Transportation ($202M), Other business services ($71M), and Construction services ($45.5M) being the largest in terms of value.

In 2009, Norway exported services to Lithuania worth $12.8M, with Travel ($8.15M), Other business services ($2.4M), and Construction services ($1.44M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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