2023
Flag  
GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
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GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
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 GDP
$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH
41%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC 
$27,786CURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195
2023
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GDP PC
$21,865CURRENT US$
Rnk 60 / 196
2013-2023
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GDP PC GROWTH
54.7%CURRENT US$
Rnk 41 / 195

About

Lithuania-Croatia Trade: In 2023, Lithuania exported $77.7M to Croatia. The main products that Lithuania exported to Croatia were Rolled Tobacco ($7.62M), Other Furniture ($5.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.84M). Over the past 5 years the exports of Lithuania to Croatia have increased at an annualized rate of 13.3%, from $41.6M in 2018 to $77.7M in 2023.

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 2023, Croatia exported $88.9M to Lithuania. The main products that Croatia exported to Lithuania were Electrical Transformers ($11.3M), Industrial Fatty Acids, Oils and Alcohols ($7.82M), and Packaged Medicaments ($7.55M). Over the past 5 years the exports of Croatia to Lithuania have increased at an annualized rate of 16.2%,  from $42M in 2018 to $88.9M in 2023.

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 2023,  Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lithuania exported $77.7M to Croatia. The main products exported from Lithuania to Croatia were Rolled Tobacco ($7.62M), Other Furniture ($5.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($4.84M). During the last 5 years the exports of Lithuania to Croatia have increased at an annualized rate of 13.3%, from $41.6M in 2018 to $77.7M in 2023.

In 2018, Croatia exported $88.9M to Lithuania. The main products exported from Croatia to Lithuania were Electrical Transformers ($11.3M), Industrial Fatty Acids, Oils and Alcohols ($7.82M), and Packaged Medicaments ($7.55M). During the last 5 years the exports of Croatia to Lithuania have increased at an annualized rate of 16.2%, from $42M in 2023 to $88.9M in 2018.

Exports from Lithuania (Flag) to Croatia (Flag) (2023)

Exports from Croatia (Flag) to Lithuania (Flag) (2023)

Latest Data

Trade between Lithuania (Flag) and Croatia (Flag)

Lithuania Exports

Croatia Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$4.44B
Croatia
Top Destination
Italy$3.05B

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 2023, countries that imported more from Lithuania than Croatia included Latvia ($4.44B), Poland ($3.37B), and Russia ($2.32B).

In 2023, countries that imported more from Croatia than Lithuania included Slovenia ($2.45B), Italy ($3.05B), and Bosnia and Herzegovina ($1.3B).

Difference in imports from Croatia (Flag) and Lithuania (Flag) (2023)

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 2023, Lithuania had a large net trade with Croatia in the exports of Machines ($12.8M), Foodstuffs ($11.2M), and Animal Products ($10.4M).

During 2018, Croatia had a large net trade with Lithuania in the exports of Chemical Products ($23.7M), Wood Products ($23.4M), and Machines ($21.6M).

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) (2023)

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