Finland / Lithuania

Finland-Lithuania Trade: In 2023, Finland exported $1.09B to Lithuania. The main products that Finland exported to Lithuania were Refined Petroleum ($206M), Cars ($70.2M), and Computers ($63.2M). Over the past 5 years the exports of Finland to Lithuania have increased at an annualized rate of 3.83%, from $901M in 2018 to $1.09B in 2023.

In 2020, Finland exported services to Lithuania worth $123M, with Other business services ($51.4M), Computer and information services ($37.7M), and Transportation ($17.1M) being the largest in terms of value.

Lithuania-Finland Trade: In 2023, Lithuania exported $788M to Finland. The main products that Lithuania exported to Finland were Plastic Lids ($45M), Raw Furskins ($37.6M), and Scrap Iron ($32.7M). Over the past 5 years the exports of Lithuania to Finland have increased at an annualized rate of 7.08%,  from $560M in 2018 to $788M in 2023.

In 2020, Lithuania exported services to Finland worth $164M, with Transportation ($78.8M), Other business services ($44.4M), and Travel ($11.2M) being the largest in terms of value.

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).