Flag Netherlands / Lithuania Flag

2020
FlagFlag
Exports
: $1.75B, Rnk 39 / 222

2020
FlagFlag
Top Product
: $83.8M, Polyacetals

2020
FlagFlag
Exports
: $1.79B, Rnk 5 / 195

2020
FlagFlag
Top Product
: $304M, Laboratory Reagents

2020
Flag
Economic Complexity (ECI)
: ECI 1.13, Rnk 22 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.89, Rnk 31 / 127

2020
Flag  
GDP
: $914B, CURRENT US$
Rnk 17 / 195

2010-2020
Flag
GDP GROWTH
: 7.95%, CURRENT US$
Rnk 146 / 195

2020
Flag
 GDP
: $56.5B, CURRENT US$
Rnk 82 / 195

2010-2020
Flag
GDP GROWTH
: 52.3%, CURRENT US$
Rnk 53 / 195

2020
Flag
GDP PC 
: $52,397, CURRENT US$
Rnk 12 / 195

2010-2020
Flag
GDP PC GROWTH
: 2.84%, CURRENT US$
Rnk 127 / 195

2020
Flag
GDP PC
: $20,234, CURRENT US$
Rnk 45 / 195

2010-2020
Flag
GDP PC GROWTH
: 68.8%, CURRENT US$
Rnk 19 / 195

Netherlands-Lithuania In 2020, Netherlands exported $1.75B to Lithuania. The main products that Netherlands exported to Lithuania are Polyacetals ($83.8M), Vaccines, blood, antisera, toxins and cultures ($83.6M), and Packaged Medicaments ($76.7M). During the last 25 years the exports of Netherlands to Lithuania have increased at an annualized rate of 11.6%, from $113M in 1995 to $1.75B in 2020.

In 2020, Netherlands exported services to Lithuania worth $321M, with Transportation ($130M), Other business services ($78M), and Travel ($60.9M) being the largest in terms of value.

Lithuania-Netherlands In 2020, Lithuania exported $1.79B to Netherlands. The main products that Lithuania exported to Netherlands were Laboratory Reagents ($304M), Rolled Tobacco ($150M), and Refined Petroleum ($130M). During the last 25 years the exports of Lithuania to Netherlands have increased at an annualized rate of 8.86%, from $215M in 1995 to $1.79B in 2020.

In 2020, Lithuania exported services to Netherlands worth $685M, with Transportation ($485M), Other business services ($127M), and Construction services ($34.6M) being the largest in terms of value.

Comparison In 2020,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13), and 6 in total exports ($511B). That same year, Lithuania ranked 31 in the Economic Complexity Index (ECI 0.89), and 58 in total exports ($33.3B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Netherlands exported $1.75B to Lithuania. The main products exported from Netherlands to Lithuania were Polyacetals ($83.8M), Vaccines, blood, antisera, toxins and cultures ($83.6M), and Packaged Medicaments ($76.7M). During the last 25 years the exports of Netherlands to Lithuania have increased at an annualized rate of 11.6%, from $113M in 1995 to $1.75B in 2020.

In 2020, Lithuania exported $1.79B to Netherlands. The main products exported from Lithuania to Netherlands were Laboratory Reagents ($304M), Rolled Tobacco ($150M), and Refined Petroleum ($130M). During the last 25 years the exports of Lithuania to Netherlands have increased at an annualized rate of 8.86%, from $215M in 1995 to $1.79B in 2020.

Market Competitiveness

#permalink to section
Measure

Netherlands
Top Destination
: Germany, $105B

Lithuania
Top Destination
: Russia, $4.09B

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

In 2019, countries that imported more from Netherlands than Lithuania were Germany ($105B), Belgium ($56.1B), and France ($43.7B).

In 2019, countries that imported more from Lithuania than Netherlands were Latvia ($2.95B), Belarus ($1.12B), and Estonia ($1.33B).

Comparative Advantage Netherlands - Lithuania

#permalink to section
Flow

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

During 2020, Netherlands had a large net trade with Lithuania in the exports of Chemical Products ($375M), Machines ($365M), and Vegetable Products ($237M).

During 2020, Lithuania had a large net trade with Netherlands in the exports of Chemical Products ($468M), Foodstuffs ($207M), and Vegetable Products ($173M).

Bilateral Service Trade

#permalink to section

In 2020, Netherlands exported services to Lithuania worth $321M, with Transportation ($130M), Other business services ($78M), and Travel ($60.9M) being the largest in terms of value.

In 2020, Lithuania exported services to Netherlands worth $685M, with Transportation ($485M), Other business services ($127M), and Construction services ($34.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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