Austria / Lithuania

Austria-Lithuania Trade: In 2023, Austria exported $502M to Lithuania. The main products that Austria exported to Lithuania were Packaged Medicaments ($50.7M), Tractors ($23.4M), and Flavored Water ($15.9M). Over the past 5 years the exports of Austria to Lithuania have increased at an annualized rate of 6.59%, from $365M in 2018 to $502M in 2023.

In 2020, Austria exported services to Lithuania worth $69.7M, with Transportation ($21.7M), Travel ($12.6M), and Computer and information services ($12.6M) being the largest in terms of value.

Lithuania-Austria Trade: In 2023, Lithuania exported $350M to Austria. The main products that Lithuania exported to Austria were Rolled Tobacco ($78.8M), Other Furniture ($32.7M), and Plastic Lids ($14.3M). Over the past 5 years the exports of Lithuania to Austria have increased at an annualized rate of 13.1%,  from $189M in 2018 to $350M in 2023.

In 2020, Lithuania exported services to Austria worth $419M, with Transportation ($402M), Other business services ($8.68M), and Financial services ($2.51M) being the largest in terms of value.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).