2023
Flag  
GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
 GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC 
$128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

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 N/A, Lithuania exported $66.4M to Luxembourg. The main products that Lithuania exported to Luxembourg were Rolled Tobacco ($34.4M), Polyacetals ($17.6M), and Wadding ($3.01M). Over the past N/A years the exports of Lithuania to Luxembourg have increased at an annualized rate of 25.9%,  from $21M in N/A to $66.4M in N/A.

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 2023,  Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

Luxembourg does not register exports to Lithuania. The main products exported from Luxembourg to Lithuania were Rubber Tires ($22.9M), Other Cloth Articles ($14.7M), and Cars ($4.72M).

In 2018, Lithuania exported $66.4M to Luxembourg. The main products exported from Lithuania to Luxembourg were Rolled Tobacco ($34.4M), Polyacetals ($17.6M), and Wadding ($3.01M). During the last 5 years the exports of Lithuania to Luxembourg have increased at an annualized rate of 25.9%, from $21M in 2023 to $66.4M in 2018.

Exports from Luxembourg (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to Luxembourg (Flag) (2023)

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B
Lithuania
Top Destination
Latvia$4.44B

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 2023, countries that imported more from Luxembourg than Lithuania included France ($2.8B), Belgium ($1.59B), and Hong Kong ($960M).

In 2023, countries that imported more from Lithuania than Luxembourg included Latvia ($4.44B), Poland ($3.37B), and Russia ($2.32B).

Difference in imports from Lithuania (Flag) and Luxembourg (Flag) (2023)

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 2018, Lithuania had a large net trade with Luxembourg in the exports of Foodstuffs ($35M), Plastics and Rubbers ($17.8M), and Textiles ($3.46M).

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)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and Lithuania (Flag) (2023)

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