2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$70.3BCURRENT US$
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2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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About

Ireland-Lithuania Trade: In 2022, Ireland exported $131M to Lithuania. The main products that Ireland exported to Lithuania were Plastic Pipes ($10.5M), Flavored Water ($10.1M), and Pesticides ($9.85M). Over the past 5 years the exports of Ireland to Lithuania have decreased at an annualized rate of 1.49%, from $141M in 2017 to $131M in 2022.

In 2020, Ireland exported services to Lithuania worth $33.1M, with Transportation ($13.7M), Other business services ($13.7M), and Travel ($3.43M) being the largest in terms of value.

Lithuania-Ireland Trade: In 2022, Lithuania exported $266M to Ireland. The main products that Lithuania exported to Ireland were Nitrogenous Fertilizers ($31.3M), Planes, Helicopters, and/or Spacecraft ($28M), and Enzymes ($21.7M). Over the past 5 years the exports of Lithuania to Ireland have increased at an annualized rate of 15.5%,  from $96.9M in 2017 to $266M in 2022.

In 2020, Lithuania exported services to Ireland worth $223M, with Computer and information services ($135M), Other business services ($47.3M), and Transportation ($33.7M) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $131M to Lithuania. The main products exported from Ireland to Lithuania were Plastic Pipes ($10.5M), Flavored Water ($10.1M), and Pesticides ($9.85M). During the last 5 years the exports of Ireland to Lithuania have decreased at an annualized rate of 1.49%, from $141M in 2017 to $131M in 2022.

In 2017, Lithuania exported $266M to Ireland. The main products exported from Lithuania to Ireland were Nitrogenous Fertilizers ($31.3M), Planes, Helicopters, and/or Spacecraft ($28M), and Enzymes ($21.7M). During the last 5 years the exports of Lithuania to Ireland have increased at an annualized rate of 15.5%, from $96.9M in 2022 to $266M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Lithuania
Top Destination
Latvia$6.18B

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

In 2022, countries that imported more from Ireland than Lithuania included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Lithuania than Ireland included Latvia ($6.18B), Russia ($2.88B), and Estonia ($2.27B).

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

Comparative Advantage Ireland - Lithuania

Flow
Scale

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

During 2022, Ireland had a large net trade with Lithuania in the exports of Chemical Products ($33.2M), Machines ($30.4M), and Foodstuffs ($20.9M).

During 2017, Lithuania had a large net trade with Ireland in the exports of Chemical Products ($86M), Transportation ($36.4M), and Foodstuffs ($31.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Lithuania+$17.9MPackaged Medicaments
Top Product Potential Lithuania Ireland+$5.44MOther Furniture

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, Ireland exported services to Lithuania worth $33.1M, with Transportation ($13.7M), Other business services ($13.7M), and Travel ($3.43M) being the largest in terms of value.

In 2020, Lithuania exported services to Ireland worth $223M, with Computer and information services ($135M), Other business services ($47.3M), and Transportation ($33.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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