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2023
Flag → Flag
Exports $119MRnk 112 / 216
2023
Flag → Flag
Top Product $34.2MRefined Petroleum
2023
Flag → Flag
Exports $209MRnk 33 / 196
2023
Flag → Flag
Top Product $58.1MAircraft parts (gliders, balloons, and powered aircraft)
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 0.85Rnk 32 / 132
2023
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GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
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GDP GROWTH72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$27,786CURRENT US$
Rnk 49 / 196
2013-2023
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GDP PC GROWTH77.5%CURRENT US$
Rnk 18 / 195

About

United Arab Emirates-Lithuania Trade: In 2023, United Arab Emirates exported $119M to Lithuania. The main products that United Arab Emirates exported to Lithuania were Refined Petroleum ($34.2M), Iron Structures ($13.8M), and Gas Turbines ($9.17M). Over the past 5 years the exports of United Arab Emirates to Lithuania have increased at an annualized rate of 31.3%, from $30.4M in 2018 to $119M in 2023.

In 2023, United Arab Emirates did not export any services to Lithuania.

Lithuania-United Arab Emirates Trade: In 2023, Lithuania exported $209M to United Arab Emirates. The main products that Lithuania exported to United Arab Emirates were Aircraft parts (gliders, balloons, and powered aircraft) ($58.1M), Other Furniture ($34.2M), and Navigation Equipment ($25.8M). Over the past 5 years the exports of Lithuania to United Arab Emirates have increased at an annualized rate of 25.4%,  from $67.5M in 2018 to $209M in 2023.

In 2023, Lithuania did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $119M to Lithuania. The main products exported from United Arab Emirates to Lithuania were Refined Petroleum ($34.2M), Iron Structures ($13.8M), and Gas Turbines ($9.17M). During the last 5 years the exports of United Arab Emirates to Lithuania have increased at an annualized rate of 31.3%, from $30.4M in 2018 to $119M in 2023.

In 2018, Lithuania exported $209M to United Arab Emirates. The main products exported from Lithuania to United Arab Emirates were Aircraft parts (gliders, balloons, and powered aircraft) ($58.1M), Other Furniture ($34.2M), and Navigation Equipment ($25.8M). During the last 5 years the exports of Lithuania to United Arab Emirates have increased at an annualized rate of 25.4%, from $67.5M in 2023 to $209M in 2018.

Exports from United Arab Emirates (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Lithuania (Flag)

United Arab Emirates Exports

Lithuania Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Lithuania
Top DestinationLatvia$4.44B

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

In 2023, countries that imported more from United Arab Emirates than Lithuania included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Lithuania than United Arab Emirates included Latvia ($4.44B), Poland ($3.37B), and Estonia ($1.4B).

Difference in imports from Lithuania (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Lithuania

Flow
Scale

This chart compares trade between United Arab Emirates and Lithuania by product, considering products traded by both, United Arab Emirates and Lithuania.

During 2023, United Arab Emirates had a large net trade with Lithuania in the exports of Mineral Products ($34.3M), Metals ($30.5M), and Machines ($22.8M).

During 2018, Lithuania had a large net trade with United Arab Emirates in the exports of Transportation ($62.7M), Machines ($52M), and Miscellaneous ($43.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Lithuania+$3.39MCars
Top Product Potential Lithuania United Arab Emirates+$11.4MRefined Petroleum

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 United Arab Emirates and Lithuania. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Lithuania. Similarly, a dot/product with the flag of Lithuania indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Lithuania (Flag) (2023)

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