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

Lithuania-Bhutan Trade: In 2022, Lithuania exported $4.14k to Bhutan. The main products that Lithuania exported to Bhutan were Medical Instruments ($4.14k). Over the past 12 years the exports of Lithuania to Bhutan have increased at an annualized rate of 20.7%, from $431 in 2010 to $4.14k in 2022.

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

Bhutan-Lithuania In N/A, Bhutan did not export any products to Lithuania.

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

Comparison In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93),  and 62 in total exports ($46.9B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $4.14k to Bhutan. The main products exported from Lithuania to Bhutan were Medical Instruments ($4.14k). During the last 12 years the exports of Lithuania to Bhutan have increased at an annualized rate of 20.7%, from $431 in 2010 to $4.14k in 2022.

Bhutan does not register exports to Lithuania. The main products exported from Bhutan to Lithuania were Shaving Products ($563).

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

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

Latest Data

Trade between Lithuania (Flag) and Bhutan (Flag)

Lithuania Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Bhutan
Top Destination
India$343M

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

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

In 2022, countries that imported more from Bhutan than Lithuania included India ($343M) and Nepal ($7.44M).

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

Comparative Advantage Lithuania - Bhutan

Flow
Scale

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

During 2022, Lithuania had a large net trade with Bhutan in the exports of Instruments ($4.14k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with