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2022
Flag → Flag
Exports $2.6BRnk 5 / 196
2022
Flag → Flag
Top Product $906MRefined Petroleum
2022
Flag → Flag
Exports $3.31BRnk 55 / 219
2022
Flag → Flag
Top Product $2.12BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
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 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Lithuania-United States Trade: In 2022, Lithuania exported $2.6B to United States. The main products that Lithuania exported to United States were Refined Petroleum ($906M), Other Plastic Products ($364M), and Other Furniture ($265M). Over the past 5 years the exports of Lithuania to United States have increased at an annualized rate of 11.1%, from $1.54B in 2017 to $2.6B in 2022.

In 2020, Lithuania exported services to United States worth $393M, with Computer and information services ($240M), Other business services ($111M), and Transportation ($25.7M) being the largest in terms of value.

United States-Lithuania Trade: In 2022, United States exported $3.31B to Lithuania. The main products that United States exported to Lithuania were Petroleum Gas ($2.12B), Cars ($231M), and Crude Petroleum ($141M). Over the past 5 years the exports of United States to Lithuania have increased at an annualized rate of 41.7%,  from $580M in 2017 to $3.31B in 2022.

In 2017, United States exported services to Lithuania worth $206M, with Travel ($117M), Transportation ($34M), and Financial services ($21M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $2.6B to United States. The main products exported from Lithuania to United States were Refined Petroleum ($906M), Other Plastic Products ($364M), and Other Furniture ($265M). During the last 5 years the exports of Lithuania to United States have increased at an annualized rate of 11.1%, from $1.54B in 2017 to $2.6B in 2022.

In 2017, United States exported $3.31B to Lithuania. The main products exported from United States to Lithuania were Petroleum Gas ($2.12B), Cars ($231M), and Crude Petroleum ($141M). During the last 5 years the exports of United States to Lithuania have increased at an annualized rate of 41.7%, from $580M in 2022 to $3.31B in 2017.

Exports from Lithuania (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Lithuania (Flag) (2022)

Latest Data

Trade between Lithuania (Flag) and United States (Flag)

Lithuania Exports

United States Exports

Market Competitiveness

Color
Lithuania
Top DestinationLatvia$6.18B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Lithuania than United States included Latvia ($6.18B), Estonia ($2.27B), and Belarus ($1.5B).

In 2022, countries that imported more from United States than Lithuania included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Lithuania (Flag) (2022)

Comparative Advantage Lithuania - United States

Flow
Scale

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

During 2022, Lithuania had a large net trade with United States in the exports of Mineral Products ($914M), Chemical Products ($439M), and Plastics and Rubbers ($415M).

During 2017, United States had a large net trade with Lithuania in the exports of Mineral Products ($2.26B), Transportation ($329M), and Chemical Products ($230M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania United States+$206MRefined Petroleum
Top Product Potential United States Lithuania+$204MCrude 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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Economic Complexity

Competitive Landscape

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

Product Space of Lithuania (Flag) and United States (Flag) (2022)

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