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Pricing

2022
Flag → Flag
Exports $4.19MRnk 61 / 127
2022
Flag → Flag
Top Product $1.38MOther Steel Bars
2022
Flag → Flag
Exports $1.9MRnk 133 / 196
2022
Flag → Flag
Top Product $1.13MLubricating Products
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186

About

Iran-Lithuania Trade: In 2022, Iran exported $4.19M to Lithuania. The main products that Iran exported to Lithuania were Other Steel Bars ($1.38M), Other Iron Bars ($1.37M), and Styrene Polymers ($707k). Over the past 5 years the exports of Iran to Lithuania have decreased at an annualized rate of 3.62%, from $5.03M in 2017 to $4.19M in 2022.

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

Lithuania-Iran Trade: In 2022, Lithuania exported $1.9M to Iran. The main products that Lithuania exported to Iran were Lubricating Products ($1.13M), Medical Instruments ($298k), and Packaged Medicaments ($197k). Over the past 5 years the exports of Lithuania to Iran have decreased at an annualized rate of 28.7%,  from $10.4M in 2017 to $1.9M in 2022.

In 2009, Lithuania exported services to Iran worth $25.9k, with Travel ($13k) and Services not allocated ($13k) being the largest in terms of value.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $4.19M to Lithuania. The main products exported from Iran to Lithuania were Other Steel Bars ($1.38M), Other Iron Bars ($1.37M), and Styrene Polymers ($707k). During the last 5 years the exports of Iran to Lithuania have decreased at an annualized rate of 3.62%, from $5.03M in 2017 to $4.19M in 2022.

In 2017, Lithuania exported $1.9M to Iran. The main products exported from Lithuania to Iran were Lubricating Products ($1.13M), Medical Instruments ($298k), and Packaged Medicaments ($197k). During the last 5 years the exports of Lithuania to Iran have decreased at an annualized rate of 28.7%, from $10.4M in 2022 to $1.9M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Lithuania
Top DestinationLatvia$6.18B

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

In 2022, countries that imported more from Iran than Lithuania included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Lithuania

Flow
Scale

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

During 2022, Iran had a large net trade with Lithuania in the exports of Metals ($2.75M), Vegetable Products ($716k), and Plastics and Rubbers ($707k).

During 2017, Lithuania had a large net trade with Iran in the exports of Chemical Products ($1.37M), Instruments ($308k), and Machines ($134k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Lithuania+$632kStyrene Polymers
Top Product Potential Lithuania Iran+$694kMedical Instruments

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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Economic Complexity

Competitive Landscape

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

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

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