2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

Germany-Lithuania Trade: In 2023, Germany exported $5.99B to Lithuania. The main products that Germany exported to Lithuania were Cars ($618M), Tractors ($261M), and Trailers and semi-trailers, not mechanically propelled vehicles ($251M). Over the past 5 years the exports of Germany to Lithuania have increased at an annualized rate of 7.68%, from $4.14B in 2018 to $5.99B in 2023.

In 2020, Germany exported services to Lithuania worth $511M, with Transportation ($405M), Other business services ($92.6M), and Communications services ($5.71M) being the largest in terms of value.

Lithuania-Germany Trade: In 2023, Lithuania exported $2.83B to Germany. The main products that Lithuania exported to Germany were Other Furniture ($220M), Processed Fish ($81.1M), and Dried/Salted/Smoked/Brined Fish ($78.2M). Over the past 5 years the exports of Lithuania to Germany have increased at an annualized rate of 5.68%,  from $2.15B in 2018 to $2.83B in 2023.

In 2020, Lithuania exported services to Germany worth $1.69B, with Transportation ($1.39B), Other business services ($115M), and Construction services ($67.6M) being the largest in terms of value.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Lithuania
Top Destination
Latvia$4.44B

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

In 2023, countries that imported more from Germany than Lithuania included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Lithuania than Germany included Latvia ($4.44B), Gibraltar ($146M), and Dominica ($2.35M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Lithuania+$86.6MCars
Top Product Potential Lithuania Germany+$69.3MCars

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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Bilateral Service Trade

In 2020, Germany exported services to Lithuania worth $511M, with Transportation ($405M), Other business services ($92.6M), and Communications services ($5.71M) being the largest in terms of value.

In 2020, Lithuania exported services to Germany worth $1.69B, with Transportation ($1.39B), Other business services ($115M), and Construction services ($67.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Lithuania (Flag) (2020)

Services Exports from Lithuania (Flag) to Germany (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Lithuania (Flag) (NaN)

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