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2022
Flag → Flag
Exports $2.88BRnk 4 / 196
2022
Flag → Flag
Top Product $192MWine
2022
Flag → Flag
Exports $2.58BRnk 30 / 138
2022
Flag → Flag
Top Product $671MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
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Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
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GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
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 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC $24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186
2022
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GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Lithuania-Russia Trade: In 2022, Lithuania exported $2.88B to Russia. The main products that Lithuania exported to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). Over the past 5 years the exports of Lithuania to Russia have decreased at an annualized rate of 7.26%, from $4.2B in 2017 to $2.88B in 2022.

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Russia-Lithuania Trade: In 2022, Russia exported $2.58B to Lithuania. The main products that Russia exported to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). Over the past 5 years the exports of Russia to Lithuania have decreased at an annualized rate of 2.47%,  from $2.92B in 2017 to $2.58B in 2022.

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $2.88B to Russia. The main products exported from Lithuania to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 5 years the exports of Lithuania to Russia have decreased at an annualized rate of 7.26%, from $4.2B in 2017 to $2.88B in 2022.

In 2017, Russia exported $2.58B to Lithuania. The main products exported from Russia to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 5 years the exports of Russia to Lithuania have decreased at an annualized rate of 2.47%, from $2.92B in 2022 to $2.58B in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Russia (Flag)

Lithuania Exports

Russia Exports

Market Competitiveness

Color
Lithuania
Top DestinationLatvia$6.18B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Lithuania than Russia included Latvia ($6.18B), Belarus ($1.5B), and Sweden ($1.79B).

In 2022, countries that imported more from Russia than Lithuania included China ($101B), India ($40.4B), and Turkey ($25.3B).

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

Comparative Advantage Lithuania - Russia

Flow
Scale

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

During 2022, Lithuania had a large net trade with Russia in the exports of Machines ($525M), Chemical Products ($516M), and Foodstuffs ($428M).

During 2017, Russia had a large net trade with Lithuania in the exports of Mineral Products ($1.52B), Chemical Products ($263M), and Metals ($252M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Russia+$44.2MPackaged Medicaments
Top Product Potential Russia Lithuania+$395MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lithuania and Russia. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Lithuania.

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

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