2022
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GDP
$82.3BCURRENT US$
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2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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 GDP
$70.3BCURRENT US$
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2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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GDP PC 
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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2022
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GDP PC
$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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About

Luxembourg-Lithuania In 2022, Luxembourg exported $51M to Lithuania. The main products that Luxembourg exported to Lithuania are Rubber Tires ($15.3M), Cars ($3.68M), and Confectionery Sugar ($2.86M). During the last 23 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 8.39%, from $8M in 1999 to $51M in 2022.

In 2020, Luxembourg exported services to Lithuania worth $14.8M, with Transportation ($6.85M), Other business services ($6.85M), and Travel ($1.14M) being the largest in terms of value.

Lithuania-Luxembourg In 2022, Lithuania exported $56.8M to Luxembourg. The main products that Lithuania exported to Luxembourg were Rolled Tobacco ($26.3M), Polyacetals ($7.91M), and Disc Chemicals for Electronics ($3.27M). During the last 23 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 21.9%, from $603k in 1999 to $56.8M in 2022.

In 2020, Lithuania exported services to Luxembourg worth $79.3M, with Transportation ($72.2M), Other business services ($4.45M), and Computer and information services ($1.6M) being the largest in terms of value.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $51M to Lithuania. The main products exported from Luxembourg to Lithuania were Rubber Tires ($15.3M), Cars ($3.68M), and Confectionery Sugar ($2.86M). During the last 23 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 8.39%, from $8M in 1999 to $51M in 2022.

In 2022, Lithuania exported $56.8M to Luxembourg. The main products exported from Lithuania to Luxembourg were Rolled Tobacco ($26.3M), Polyacetals ($7.91M), and Disc Chemicals for Electronics ($3.27M). During the last 23 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 21.9%, from $603k in 1999 to $56.8M in 2022.

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

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

Latest Data

Trade between Luxembourg (Flag) and Lithuania (Flag)

Luxembourg Exports

Lithuania Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Lithuania
Top Destination
Latvia$6.18B

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

In 2021, countries that imported more from Luxembourg than Lithuania were France ($3.07B), Belgium ($2.09B), and Germany ($4.15B).

In 2021, countries that imported more from Lithuania than Luxembourg were Latvia ($6.18B), Poland ($3.91B), and Russia ($2.88B).

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

Comparative Advantage Luxembourg - Lithuania

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Lithuania in the exports of Plastics and Rubbers ($17.9M), Machines ($6.81M), and Metals ($5.91M).

During 2022, Lithuania had a large net trade with Luxembourg in the exports of Foodstuffs ($26.5M), Plastics and Rubbers ($8.2M), and Machines ($6.1M).

Service Trade

Bilateral Service Trade

In 2020, Luxembourg exported services to Lithuania worth $14.8M, with Transportation ($6.85M), Other business services ($6.85M), and Travel ($1.14M) being the largest in terms of value.

In 2020, Lithuania exported services to Luxembourg worth $79.3M, with Transportation ($72.2M), Other business services ($4.45M), and Computer and information services ($1.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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

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

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