Flag Luxembourg / Lithuania Flag

2021
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Exports
: $92.7M, Rnk 32 / 199

2021
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Top Product
: $53.4M, Passenger and Cargo Ships

2021
FlagFlag
Exports
: $66.7M, Rnk 52 / 191

2021
FlagFlag
Top Product
: $26.5M, Passenger and Cargo Ships

2021
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Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 131

2021
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GDP
: $86.7B, CURRENT US$
Rnk 62 / 182

2011-2021
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GDP GROWTH
: 40.5%, CURRENT US$
Rnk 72 / 182

2021
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 GDP
: $65.5B, CURRENT US$
Rnk 75 / 182

2011-2021
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GDP GROWTH
: 50.5%, CURRENT US$
Rnk 49 / 182

2021
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GDP PC 
: $135,683, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP PC GROWTH
: 14%, CURRENT US$
Rnk 92 / 182

2021
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GDP PC
: $23,433, CURRENT US$
Rnk 40 / 182

2011-2021
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GDP PC GROWTH
: 63%, CURRENT US$
Rnk 17 / 182

Luxembourg-Lithuania In 2021, Luxembourg exported $92.7M to Lithuania. The main products that Luxembourg exported to Lithuania are Passenger and Cargo Ships ($53.4M), Rubber Tires ($7.26M), and Prefabricated Buildings ($1.84M). During the last 22 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 11.8%, from $7.97M in 1999 to $92.7M in 2021.

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 2021, Lithuania exported $66.7M to Luxembourg. The main products that Lithuania exported to Luxembourg were Passenger and Cargo Ships ($26.5M), Rolled Tobacco ($17.1M), and Polyacetals ($5.54M). During the last 22 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 23.9%, from $602k in 1999 to $66.7M in 2021.

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 2021,  Luxembourg ranked 76 in total exports ($19.4B), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.91), and 62 in total exports ($40.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Luxembourg exported $92.7M to Lithuania. The main products exported from Luxembourg to Lithuania were Passenger and Cargo Ships ($53.4M), Rubber Tires ($7.26M), and Prefabricated Buildings ($1.84M). During the last 22 years the exports of Luxembourg to Lithuania have increased at an annualized rate of 11.8%, from $7.97M in 1999 to $92.7M in 2021.

In 2021, Lithuania exported $66.7M to Luxembourg. The main products exported from Lithuania to Luxembourg were Passenger and Cargo Ships ($26.5M), Rolled Tobacco ($17.1M), and Polyacetals ($5.54M). During the last 22 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 23.9%, from $602k in 1999 to $66.7M in 2021.

Luxembourg Exports

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Lithuania Exports

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Market Competitiveness

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Color

Luxembourg
Top Destination
: Germany, $4.07B

Lithuania
Top Destination
: Russia, $4.14B

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 ($3B), Belgium ($2.16B), and Germany ($4.07B).

In 2021, countries that imported more from Lithuania than Luxembourg were Russia ($4.14B), Latvia ($3.65B), and Poland ($3.03B).

Comparative Advantage Luxembourg - Lithuania

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Flow
Scale

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

During 2021, Luxembourg had a large net trade with Lithuania in the exports of Transportation ($55.6M), Plastics and Rubbers ($10.2M), and Machines ($8.36M).

During 2021, Lithuania had a large net trade with Luxembourg in the exports of Transportation ($28.2M), Foodstuffs ($17.3M), and Plastics and Rubbers ($8.14M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.