Lithuania / Portugal

Lithuania-Portugal Trade: In 2022, Lithuania exported $140M to Portugal. The main products that Lithuania exported to Portugal were Polyacetals ($43.8M), Other Plastic Products ($8.25M), and Other Edible Preparations ($5.23M). Over the past 5 years the exports of Lithuania to Portugal have increased at an annualized rate of 9.33%, from $89.8M in 2017 to $140M in 2022.

In 2020, Lithuania exported services to Portugal worth $14.5M, with Transportation ($12.7M), Travel ($914k), and Computer and information services ($457k) being the largest in terms of value.

Portugal-Lithuania Trade: In 2022, Portugal exported $214M to Lithuania. The main products that Portugal exported to Lithuania were Polycarboxylic Acids ($99.6M), Wine ($10.8M), and Hot-Rolled Iron Bars ($10.6M). Over the past 5 years the exports of Portugal to Lithuania have increased at an annualized rate of 31.6%,  from $54.3M in 2017 to $214M in 2022.

In 2020, Portugal exported services to Lithuania worth $9.14M, with Travel ($9.14M) being the largest in terms of value.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).