2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
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 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC 
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186
2022
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GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Lithuania-Slovenia Trade: In 2022, Lithuania exported $71.7M to Slovenia. The main products that Lithuania exported to Slovenia were Video Displays ($6.11M), Cars ($4.65M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.48M). Over the past 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 8.91%, from $46.8M in 2017 to $71.7M in 2022.

In 2020, Lithuania exported services to Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

Slovenia-Lithuania Trade: In 2022, Slovenia exported $200M to Lithuania. The main products that Slovenia exported to Lithuania were Packaged Medicaments ($94.8M), Vaccines, blood, antisera, toxins and cultures ($24M), and Special Pharmaceuticals ($3.53M). Over the past 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 13.7%,  from $105M in 2017 to $200M in 2022.

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $71.7M to Slovenia. The main products exported from Lithuania to Slovenia were Video Displays ($6.11M), Cars ($4.65M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.48M). During the last 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 8.91%, from $46.8M in 2017 to $71.7M in 2022.

In 2017, Slovenia exported $200M to Lithuania. The main products exported from Slovenia to Lithuania were Packaged Medicaments ($94.8M), Vaccines, blood, antisera, toxins and cultures ($24M), and Special Pharmaceuticals ($3.53M). During the last 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 13.7%, from $105M in 2022 to $200M in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Slovenia (Flag)

Lithuania Exports

Slovenia Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Lithuania than Slovenia included Latvia ($6.18B), Poland ($3.91B), and Estonia ($2.27B).

In 2022, countries that imported more from Slovenia than Lithuania included Switzerland ($9.92B), Italy ($6.28B), and Croatia ($4.68B).

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

Comparative Advantage Lithuania - Slovenia

Flow
Scale

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

During 2022, Lithuania had a large net trade with Slovenia in the exports of Machines ($18.1M), Transportation ($11.7M), and Foodstuffs ($5.37M).

During 2017, Slovenia had a large net trade with Lithuania in the exports of Chemical Products ($134M), Machines ($21.2M), and Plastics and Rubbers ($8.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Slovenia+$4.71MCars
Top Product Potential Slovenia Lithuania+$4.38MCars

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 Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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