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Pricing

2022
Flag → Flag
Exports $1.48BRnk 41 / 224
2022
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Top Product $938MCrude Petroleum
2022
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Exports $1.65BRnk 9 / 196
2022
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Top Product $244MOther Furniture
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI 0.96Rnk 27 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186

About

United Kingdom-Lithuania In 2022, United Kingdom exported $1.48B to Lithuania. The main products that United Kingdom exported to Lithuania are Crude Petroleum ($938M), Cars ($43.8M), and Gas Turbines ($30.4M). During the last 27 years the exports of United Kingdom to Lithuania have increased at an annualized rate of 9.89%, from $116M in 1995 to $1.48B in 2022.

In 2019, United Kingdom exported services to Lithuania worth $303M, with Travel ($267M), Transportation ($20.4M), and Other business services ($10.2M) being the largest in terms of value.

Lithuania-United Kingdom In 2022, Lithuania exported $1.65B to United Kingdom. The main products that Lithuania exported to United Kingdom were Other Furniture ($244M), Nitrogenous Fertilizers ($100M), and Rolled Tobacco ($99M). During the last 27 years the exports of Lithuania to United Kingdom have increased at an annualized rate of 7.41%, from $239M in 1995 to $1.65B in 2022.

In 2020, Lithuania exported services to United Kingdom worth $468M, with Transportation ($207M), Computer and information services ($110M), and Other business services ($72.4M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Lithuania ranked 27 in the Economic Complexity Index (ECI 0.96), and 62 in total exports ($46.9B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £80.6M and imported £93.5M from Lithuania, resulting in a negative trade balance of £13M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-4.54M (-5.34%) from £85.1M to £80.6M, while imports increased by £451k (0.48%) from £93.1M to £93.5M.

Trade In January 2024, the top exports of United Kingdom to Lithuania were Crude Petroleum (£43.1M), Non-fillet Frozen Fish (£6.9M), Cars (£3.81M), Laboratory Reagents (£1.59M), and Microphones and Headphones (£1.25M). In January 2024 the top imports of United Kingdom from Lithuania were Other Furniture (£15.1M), Rolled Tobacco (£5.23M), Animal Food (£3.73M), LCDs (£3.72M), and Pasta (£3.25M).

Origins In January 2024 the exports of United Kingdom were mainly from Lerwick (£45.8M), Dover Eurotunnel (£15.2M), Hull (£2.56M), Dover (£2.5M), and London Heathrow Airport (£2.21M), while imports destinations were mainly Dover (£38.9M), Middlesbrough (£15.6M), London (£8.49M), Immingham (£6.2M), and East Midlands Airport (£3.41M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Lithuania was explained primarily by an decrease in product exports in Harvesting Machinery (£-752k or -68.7%), Low-voltage Protection Equipment (£-508k or -84%), and Centrifuges (£-269k or -72.4%). In January 2024, the increase in United Kingdom's year-by-year imports  from Lithuania was explained primarily by an increase in product imports  in Rolled Tobacco (£4.21M or 415%), LCDs (£3.45M or 1.26k%), and Animal Food (£2.09M or 128%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-4.54M(-5.34%)
IMPORT GROWTH (January 2023 - January 2024)£451k(0.48%)
MAIN EXPORTER (January 2024)Lerwick£45.8M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Lithuania and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $1.48B to Lithuania. The main products exported from United Kingdom to Lithuania were Crude Petroleum ($938M), Cars ($43.8M), and Gas Turbines ($30.4M). During the last 27 years the exports of United Kingdom to Lithuania have increased at an annualized rate of 9.89%, from $116M in 1995 to $1.48B in 2022.

In 2022, Lithuania exported $1.65B to United Kingdom. The main products exported from Lithuania to United Kingdom were Other Furniture ($244M), Nitrogenous Fertilizers ($100M), and Rolled Tobacco ($99M). During the last 27 years the exports of Lithuania to United Kingdom have increased at an annualized rate of 7.41%, from $239M in 1995 to $1.65B in 2022.

Exports from United Kingdom (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Lithuania
Top DestinationLatvia$6.18B

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

In 2021, countries that imported more from United Kingdom than Lithuania were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Lithuania than United Kingdom were Latvia ($6.18B), Estonia ($2.27B), and Russia ($2.88B).

Difference in imports from Lithuania (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Lithuania

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Lithuania in the exports of Mineral Products ($953M), Machines ($152M), and Transportation ($86.3M).

During 2022, Lithuania had a large net trade with United Kingdom in the exports of Miscellaneous ($348M), Foodstuffs ($304M), and Chemical Products ($171M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Lithuania worth $303M, with Travel ($267M), Transportation ($20.4M), and Other business services ($10.2M) being the largest in terms of value.

In 2020, Lithuania exported services to United Kingdom worth $468M, with Transportation ($207M), Computer and information services ($110M), and Other business services ($72.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Lithuania (Flag) (2019)

Services Exports from Lithuania (Flag) to United Kingdom (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Lithuania. Similarly, the more yellow a dot/product is, the more Lithuania has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Lithuania (Flag) (2022)

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