2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
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GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
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 GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
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GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
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GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
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GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
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GDP PC
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
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GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

Ukraine-Lithuania Trade: In 2023, Ukraine exported $619M to Lithuania. The main products that Ukraine exported to Lithuania were Alcohol > 80% ABV ($60.4M), Rapeseed Oil ($40.9M), and Other Vegetable Residues ($39.5M). Over the past 5 years the exports of Ukraine to Lithuania have increased at an annualized rate of 11.4%, from $361M in 2018 to $619M in 2023.

In 2023, Ukraine did not export any services to Lithuania.

Lithuania-Ukraine Trade: In 2023, Lithuania exported $1.35B to Ukraine. The main products that Lithuania exported to Ukraine were Refined Petroleum ($822M), Petroleum Gas ($76.8M), and Mixed Mineral or Chemical Fertilizers ($30.3M). Over the past 5 years the exports of Lithuania to Ukraine have increased at an annualized rate of 8.44%,  from $900M in 2018 to $1.35B in 2023.

In 2003, Lithuania exported services to Ukraine worth $42.3M, with Travel ($30.3M), Transportation ($7.29M), and Other business services ($3.49M) being the largest in terms of value.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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

In 2023, Ukraine exported $619M to Lithuania. The main products exported from Ukraine to Lithuania were Alcohol > 80% ABV ($60.4M), Rapeseed Oil ($40.9M), and Other Vegetable Residues ($39.5M). During the last 5 years the exports of Ukraine to Lithuania have increased at an annualized rate of 11.4%, from $361M in 2018 to $619M in 2023.

In 2018, Lithuania exported $1.35B to Ukraine. The main products exported from Lithuania to Ukraine were Refined Petroleum ($822M), Petroleum Gas ($76.8M), and Mixed Mineral or Chemical Fertilizers ($30.3M). During the last 5 years the exports of Lithuania to Ukraine have increased at an annualized rate of 8.44%, from $900M in 2023 to $1.35B in 2018.

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

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

Latest Data

Trade between Ukraine (Flag) and Lithuania (Flag)

Ukraine Exports

Lithuania Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Lithuania
Top Destination
Latvia$4.44B

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

In 2023, countries that imported more from Ukraine than Lithuania included Romania ($3.56B), China ($2.5B), and Turkey ($2.88B).

In 2023, countries that imported more from Lithuania than Ukraine included Latvia ($4.44B), Russia ($2.32B), and Belarus ($1.84B).

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

Comparative Advantage Ukraine - Lithuania

Flow
Scale

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

During 2023, Ukraine had a large net trade with Lithuania in the exports of Foodstuffs ($168M), Wood Products ($88.2M), and Vegetable Products ($63.6M).

During 2018, Lithuania had a large net trade with Ukraine in the exports of Mineral Products ($917M), Machines ($84.5M), and Chemical Products ($78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Lithuania+$5.03MInsulated Wire
Top Product Potential Lithuania Ukraine+$12.3MPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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