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2022
Flag → Flag
Exports $77.5MRnk 51 / 196
2022
Flag → Flag
Top Product $8.28MOffice Machine Parts
2022
Flag → Flag
Exports $58.2MRnk 78 / 198
2022
Flag → Flag
Top Product $28.1MComputers
2022
Flag
Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Lithuania-Hong Kong Trade: In 2022, Lithuania exported $77.5M to Hong Kong. The main products that Lithuania exported to Hong Kong were Office Machine Parts ($8.28M), Computers ($6.32M), and Beauty Products ($5.93M). Over the past 5 years the exports of Lithuania to Hong Kong have increased at an annualized rate of 13.9%, from $40.4M in 2017 to $77.5M in 2022.

In 2020, Lithuania exported services to Hong Kong worth $8.91M, with Transportation ($5.03M), Other business services ($1.71M), and Computer and information services ($1.48M) being the largest in terms of value.

Hong Kong-Lithuania Trade: In 2022, Hong Kong exported $58.2M to Lithuania. The main products that Hong Kong exported to Lithuania were Computers ($28.1M), Aluminium Bars ($3.44M), and Semiconductor Devices ($2.9M). Over the past 5 years the exports of Hong Kong to Lithuania have increased at an annualized rate of 16.9%,  from $26.7M in 2017 to $58.2M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $77.5M to Hong Kong. The main products exported from Lithuania to Hong Kong were Office Machine Parts ($8.28M), Computers ($6.32M), and Beauty Products ($5.93M). During the last 5 years the exports of Lithuania to Hong Kong have increased at an annualized rate of 13.9%, from $40.4M in 2017 to $77.5M in 2022.

In 2017, Hong Kong exported $58.2M to Lithuania. The main products exported from Hong Kong to Lithuania were Computers ($28.1M), Aluminium Bars ($3.44M), and Semiconductor Devices ($2.9M). During the last 5 years the exports of Hong Kong to Lithuania have increased at an annualized rate of 16.9%, from $26.7M in 2022 to $58.2M in 2017.

Exports from Lithuania (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Lithuania (Flag) (2022)

Latest Data

Trade between Lithuania (Flag) and Hong Kong (Flag)

Lithuania Exports

Hong Kong Exports

Market Competitiveness

Color
Lithuania
Top DestinationLatvia$6.18B
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Lithuania than Hong Kong included Latvia ($6.18B), Poland ($3.91B), and Estonia ($2.27B).

In 2022, countries that imported more from Hong Kong than Lithuania included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Lithuania (Flag) (2022)

Comparative Advantage Lithuania - Hong Kong

Flow
Scale

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

During 2022, Lithuania had a large net trade with Hong Kong in the exports of Machines ($30.2M), Chemical Products ($12.2M), and Plastics and Rubbers ($5.27M).

During 2017, Hong Kong had a large net trade with Lithuania in the exports of Machines ($42.8M), Metals ($5.99M), and Instruments ($5.24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Hong Kong+$7.86MComputers
Top Product Potential Hong Kong Lithuania+$4.43MComputers

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 Lithuania and Hong Kong. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Lithuania.

Product Space of Lithuania (Flag) and Hong Kong (Flag) (2022)

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