Luxembourg / Lithuania

Luxembourg-Lithuania Trade: In 2022, Luxembourg exported $51M to Lithuania. The main products that Luxembourg exported to Lithuania were Rubber Tires ($15.3M), Cars ($3.68M), and Confectionery Sugar ($2.86M). Over the past 5 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 7.14%, from $36.1M in 2017 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 Trade: 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). Over the past 5 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 25.2%,  from $18.5M in 2017 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 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).