2022
Flag
 GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186

About

Gibraltar-Lithuania Trade: In 2022, Gibraltar exported $228 to Lithuania. The main products that Gibraltar exported to Lithuania were Fake Hair ($131), House Linens ($70), and Wine ($12). Over the past 6 years the exports of Gibraltar to Lithuania have decreased at an annualized rate of 13.7%, from $550 in 2016 to $228 in 2022.

In 2022, Gibraltar did not export any services to Lithuania.

Lithuania-Gibraltar Trade: In 2022, Lithuania exported $141M to Gibraltar. The main products that Lithuania exported to Gibraltar were Refined Petroleum ($91.1M), Coal Tar Oil ($47.5M), and Ethers ($1.93M). Over the past 6 years the exports of Lithuania to Gibraltar have increased at an annualized rate of 138%,  from $1.85M in 2016 to $141M in 2022.

In 2022, Lithuania did not export any services to Gibraltar.

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $228 to Lithuania. The main products exported from Gibraltar to Lithuania were Fake Hair ($131), House Linens ($70), and Wine ($12). During the last 6 years the exports of Gibraltar to Lithuania have decreased at an annualized rate of 13.7%, from $550 in 2016 to $228 in 2022.

In 2017, Lithuania exported $141M to Gibraltar. The main products exported from Lithuania to Gibraltar were Refined Petroleum ($91.1M), Coal Tar Oil ($47.5M), and Ethers ($1.93M). During the last 5 years the exports of Lithuania to Gibraltar have increased at an annualized rate of 138%, from $1.85M in 2022 to $141M in 2017.

Exports from Gibraltar (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to Gibraltar (Flag) (2022)

Latest Data

Trade between Gibraltar (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Lithuania
Top Destination
Latvia$6.18B

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

In 2022, countries that imported more from Gibraltar than Lithuania included Cape Verde ($12.5M).

In 2022, countries that imported more from Lithuania than Gibraltar included Latvia ($6.18B), Poland ($3.91B), and Germany ($3.54B).

Difference in imports from Lithuania (Flag) and Gibraltar (Flag) (2022)

Comparative Advantage Gibraltar - Lithuania

Flow
Scale

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

During 2022, Gibraltar had a large net trade with Lithuania in the exports of Footwear and Headwear ($131), Textiles ($70), and Foodstuffs ($21).

During 2017, Lithuania had a large net trade with Gibraltar in the exports of Mineral Products ($139M), Chemical Products ($1.93M), and Machines ($84.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Lithuania (Flag) (2022)

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