Lithuania (LTU) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Lithuania-Sweden In 2022, Lithuania exported $1.79B to Sweden. The main products that Lithuania exported to Sweden are Other Furniture ($211M), Seats ($112M), and Rolled Tobacco ($84.4M). During the last 27 years the exports of Lithuania to Sweden have increased at an annualized rate of 12%, from $84.3M in 1995 to $1.79B in 2022.

In 2020, Lithuania exported services to Sweden worth $545M, with Transportation ($195M), Construction services ($130M), and Other business services ($125M) being the largest in terms of value.

Sweden-Lithuania In 2022, Sweden exported $2.49B to Lithuania. The main products that Sweden exported to Lithuania were Electricity ($976M), Non-fillet Fresh Fish ($232M), and Refined Petroleum ($213M). During the last 27 years the exports of Sweden to Lithuania have increased at an annualized rate of 11.8%, from $121M in 1995 to $2.49B in 2022.

In 2020, Sweden exported services to Lithuania worth $167M, with Other business services ($57.9M), Transportation ($29M), and Travel ($17.6M) being the largest in terms of value.

Comparison In 2022, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $1.79B to Sweden. The main products exported from Lithuania to Sweden were Other Furniture ($211M), Seats ($112M), and Rolled Tobacco ($84.4M). During the last 27 years the exports of Lithuania to Sweden have increased at an annualized rate of 12%, from $84.3M in 1995 to $1.79B in 2022.

In 2022, Sweden exported $2.49B to Lithuania. The main products exported from Sweden to Lithuania were Electricity ($976M), Non-fillet Fresh Fish ($232M), and Refined Petroleum ($213M). During the last 27 years the exports of Sweden to Lithuania have increased at an annualized rate of 11.8%, from $121M in 1995 to $2.49B in 2022.

Exports from Lithuania () to Sweden () (2022)

Exports from Sweden () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Sweden ()

Lithuania Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Lithuania than Sweden were Latvia ($6.18B), Russia ($2.88B), and Belarus ($1.5B).

In 2021, countries that imported more from Sweden than Lithuania were Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

Difference in imports from Sweden () and Lithuania () (2022)

Comparative Advantage Lithuania - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lithuania had a large net trade with Sweden in the exports of Miscellaneous ($396M), Metals ($268M), and Machines ($260M).

During 2022, Sweden had a large net trade with Lithuania in the exports of Mineral Products ($1.19B), Animal Products ($265M), and Machines ($254M).

Service Trade

Bilateral Service Trade

Swe Year

Ltu Year

In 2020, Lithuania exported services to Sweden worth $545M, with Transportation ($195M), Construction services ($130M), and Other business services ($125M) being the largest in terms of value.

In 2020, Sweden exported services to Lithuania worth $167M, with Other business services ($57.9M), Transportation ($29M), and Travel ($17.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Sweden () (2022)

Exports from Sweden () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Sweden ()

Lithuania Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Lithuania () (2022)

Comparative Advantage Lithuania - Sweden

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Sweden () (2022)

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