2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
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 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 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

South Korea-Lithuania Trade: In 2023, South Korea exported $117M to Lithuania. The main products that South Korea exported to Lithuania were N/A. Over the past 5 years the exports of South Korea to Lithuania have increased at an annualized rate of 2.07%, from $106M in 2018 to $117M in 2023.

In 2023, South Korea did not export any services to Lithuania.

Lithuania-South Korea Trade: In 2023, Lithuania exported $87.5M to South Korea. The main products that Lithuania exported to South Korea were Sawn Wood ($15.6M), Other Plastic Products ($11M), and LCDs ($9.19M). Over the past 5 years the exports of Lithuania to South Korea have increased at an annualized rate of 0.59%,  from $85M in 2018 to $87.5M in 2023.

In 2020, Lithuania exported services to South Korea worth $1.48M, with Transportation ($685k), Other business services ($571k), and Travel ($114k) being the largest in terms of value.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Market Competitiveness

Color
South Korea
Top Destination
N/AN/A
Lithuania
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Lithuania (Flag) and South Korea (Flag) (2023)

Bilateral Service Trade

In 2020, Lithuania exported services to South Korea worth $1.48M, with Transportation ($685k), Other business services ($571k), and Travel ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to South Korea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Lithuania (Flag) (NaN)

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