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2022
Flag → Flag
Exports $91.8MRnk 49 / 196
2022
Flag → Flag
Top Product $9.31MBovine
2022
Flag → Flag
Exports $86.5MRnk 36 / 182
2022
Flag → Flag
Top Product $15MWood Carpentry
2022
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Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
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Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
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GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
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 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
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GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
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GDP PC $24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186
2022
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GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
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GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Lithuania-Croatia Trade: In 2022, Lithuania exported $91.8M to Croatia. The main products that Lithuania exported to Croatia were Bovine ($9.31M), Rolled Tobacco ($7.7M), and Enzymes ($6.09M). Over the past 5 years the exports of Lithuania to Croatia have increased at an annualized rate of 20.8%, from $35.7M in 2017 to $91.8M in 2022.

In 2020, Lithuania exported services to Croatia worth $6.74M, with Transportation ($4.8M), Other business services ($800k), and Computer and information services ($571k) being the largest in terms of value.

Croatia-Lithuania Trade: In 2022, Croatia exported $86.5M to Lithuania. The main products that Croatia exported to Lithuania were Wood Carpentry ($15M), Electrical Transformers ($8.09M), and Shaped Wood ($7.33M). Over the past 5 years the exports of Croatia to Lithuania have increased at an annualized rate of 7.64%,  from $30.9M in 2017 to $86.5M in 2022.

In 2020, Croatia exported services to Lithuania worth $4.23M, with Computer and information services ($2.4M), Travel ($1.37M), and Other business services ($343k) being the largest in terms of value.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $91.8M to Croatia. The main products exported from Lithuania to Croatia were Bovine ($9.31M), Rolled Tobacco ($7.7M), and Enzymes ($6.09M). During the last 5 years the exports of Lithuania to Croatia have increased at an annualized rate of 20.8%, from $35.7M in 2017 to $91.8M in 2022.

In 2017, Croatia exported $86.5M to Lithuania. The main products exported from Croatia to Lithuania were Wood Carpentry ($15M), Electrical Transformers ($8.09M), and Shaped Wood ($7.33M). During the last 5 years the exports of Croatia to Lithuania have increased at an annualized rate of 7.64%, from $30.9M in 2022 to $86.5M in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Croatia (Flag)

Lithuania Exports

Croatia Exports

Market Competitiveness

Color
Lithuania
Top DestinationLatvia$6.18B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Lithuania than Croatia included Latvia ($6.18B), Poland ($3.91B), and Russia ($2.88B).

In 2022, countries that imported more from Croatia than Lithuania included Slovenia ($2.87B), Italy ($3.44B), and Bosnia and Herzegovina ($2.45B).

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

Comparative Advantage Lithuania - Croatia

Flow
Scale

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

During 2022, Lithuania had a large net trade with Croatia in the exports of Animal Products ($19.8M), Foodstuffs ($11.7M), and Chemical Products ($11.1M).

During 2017, Croatia had a large net trade with Lithuania in the exports of Wood Products ($34.5M), Machines ($17.1M), and Chemical Products ($15.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Croatia+$5.35MRefined Petroleum
Top Product Potential Croatia Lithuania+$3.26MPackaged Medicaments

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, Lithuania exported services to Croatia worth $6.74M, with Transportation ($4.8M), Other business services ($800k), and Computer and information services ($571k) being the largest in terms of value.

In 2020, Croatia exported services to Lithuania worth $4.23M, with Computer and information services ($2.4M), Travel ($1.37M), and Other business services ($343k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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