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
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

Gibraltar-Lithuania Trade: In 2023, Gibraltar exported $981 to Lithuania. The main products that Gibraltar exported to Lithuania were Broadcasting Equipment ($568), Electrical Lighting and Signalling Equipment ($219), and Other Plastic Products ($121). Over the past 6 years the exports of Gibraltar to Lithuania have decreased at an annualized rate of 21%, from $4.02k in 2017 to $981 in 2023.

In 2023, Gibraltar did not export any services to Lithuania.

Lithuania-Gibraltar Trade: In 2023, Lithuania exported $146M to Gibraltar. The main products that Lithuania exported to Gibraltar were Refined Petroleum ($145M), Microphones and Headphones ($61.6k), and Other Furniture ($13.1k). Over the past 6 years the exports of Lithuania to Gibraltar have increased at an annualized rate of 47.6%,  from $20.8M in 2017 to $146M in 2023.

In 2023, Lithuania did not export any services to Gibraltar.

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index. That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $981 to Lithuania. The main products exported from Gibraltar to Lithuania were Broadcasting Equipment ($568), Electrical Lighting and Signalling Equipment ($219), and Other Plastic Products ($121). During the last 6 years the exports of Gibraltar to Lithuania have decreased at an annualized rate of 21%, from $4.02k in 2017 to $981 in 2023.

In 2018, Lithuania exported $146M to Gibraltar. The main products exported from Lithuania to Gibraltar were Refined Petroleum ($145M), Microphones and Headphones ($61.6k), and Other Furniture ($13.1k). During the last 5 years the exports of Lithuania to Gibraltar have increased at an annualized rate of 47.6%, from $20.8M in 2023 to $146M in 2018.

Exports from Gibraltar (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to Gibraltar (Flag) (2023)

Latest Data

Trade between Gibraltar (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Lithuania
Top Destination
Latvia$4.44B

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 2023, no countries were registered that imported more from Gibraltar than from Lithuania.

In 2023, countries that imported more from Lithuania than Gibraltar included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

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

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 2023, Gibraltar had a large net trade with Lithuania in the exports of Machines ($787), Plastics and Rubbers ($121), and Metals ($73).

During 2018, Lithuania had a large net trade with Gibraltar in the exports of Mineral Products ($145M), Machines ($64.8k), and Miscellaneous ($13.2k).

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) (2023)

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