Russia (RUS) and Lithuania (LTU) Trade | The Observatory of Economic Complexity

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Pricing

Russia (RUS) and Lithuania (LTU) Trade

2022

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Exports $2.58BRnk 30 / 138

2022

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About

Russia-Lithuania In 2022, Russia exported $2.58B to Lithuania. The main products that Russia exported to Lithuania are Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 27 years the exports of Russia to Lithuania have increased at an annualized rate of 3.6%, from $991M in 1995 to $2.58B in 2022.

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) being the largest in terms of value.

Lithuania-Russia In 2022, Lithuania exported $2.88B to Russia. The main products that Lithuania exported to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 27 years the exports of Lithuania to Russia have increased at an annualized rate of 6.31%, from $552M in 1995 to $2.88B in 2022.

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Comparison In 2022, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $642M and imported $52.3M from Lithuania, resulting in a positive trade balance of $590M. Between January 2021 and January 2022 the exports of Russia have increased by $356M (124%) from $286M to $642M, while imports increased by $17.5M (50.4%) from $34.8M to $52.3M.

Trade In January 2022, the top exports of Russia to Lithuania were Crude Petroleum ($100M), Commodities not elsewhere specified ($61.3M), Mixed Mineral or Chemical Fertilizers ($9.99M), Electricity ($9.99M), and Calcium Phosphates ($9.27M). In January 2022 the top imports of Russia from Lithuania were Other Fermented Beverages ($3.37M), Trailers and semi-trailers, not mechanically propelled... ($2.79M), Other Furniture ($2.61M), Raw Iron Bars ($2.08M), and Wadding ($1.45M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($232M), ST. PETERSBURG ($138M), KHANTY-MANSIYSK AUTONOMOUS AREA ($119M), TULA REGION ($21.3M), and MURMANSK REGION ($14.3M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($18.1M), KALININGRAD REGION ($8.31M), MOSCOW REGION ($7.07M), ST. PETERSBURG ($4.86M), and NIZHNY NOVGOROD REGION ($3.36M).

Growth In January 2022, the increase in Russia's year-by-year exports to Lithuania was explained primarily by an increase in product exports in Commodities not elsewhere specified ($56M or 1.05k%), Hot-Rolled Iron Bars ($7.98M or 2.26k%), and Other Mineral ($6.33M or 455%). In January 2022, the increase in Russia's year-by-year imports from Lithuania was explained primarily by an increase in product imports in Trailers and semi-trailers, not mechanically propelled... ($2M or 251%), Other Furniture ($879k or 50.8%), and Raw Iron Bars ($800k or 62.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$356M(124%)

IMPORT GROWTH (January 2021 - January 2022)$17.5M(50.4%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$232M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Lithuania and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $2.58B to Lithuania. The main products exported from Russia to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 27 years the exports of Russia to Lithuania have increased at an annualized rate of 3.6%, from $991M in 1995 to $2.58B in 2022.

In 2022, Lithuania exported $2.88B to Russia. The main products exported from Lithuania to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 27 years the exports of Lithuania to Russia have increased at an annualized rate of 6.31%, from $552M in 1995 to $2.88B in 2022.

Exports from Russia () to Lithuania () (2022)

Exports from Lithuania () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Lithuania
Top DestinationLatvia$6.18B

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

In 2021, countries that imported more from Russia than Lithuania were China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2021, countries that imported more from Lithuania than Russia were Latvia ($6.18B), Belarus ($1.5B), and Sweden ($1.79B).

Difference in imports from Lithuania () and Russia () (2022)

Comparative Advantage Russia - Lithuania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Lithuania in the exports of Mineral Products ($1.52B), Chemical Products ($263M), and Metals ($252M).

During 2022, Lithuania had a large net trade with Russia in the exports of Machines ($525M), Chemical Products ($516M), and Foodstuffs ($428M).

Service Trade

Bilateral Service Trade

Ltu Year

Rus Year

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) being the largest in terms of value.

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Lithuania () (2020)

Services Exports from Lithuania () to Russia () (2020)

Economic Complexity

Competitive Landscape

Year

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

Product Space of Russia () and Lithuania () (2022)

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