Lithuania / Hungary

Lithuania-Hungary Trade: In 2022, Lithuania exported $301M to Hungary. The main products that Lithuania exported to Hungary were Polyacetals ($37.7M), Precious Metal Scraps ($25.3M), and Packaged Medicaments ($17.4M). Over the past 5 years the exports of Lithuania to Hungary have increased at an annualized rate of 10.1%, from $186M in 2017 to $301M in 2022.

In 2020, Lithuania exported services to Hungary worth $23.5M, with Transportation ($15.8M), Other business services ($5.03M), and Computer and information services ($1.14M) being the largest in terms of value.

Hungary-Lithuania Trade: In 2022, Hungary exported $314M to Lithuania. The main products that Hungary exported to Lithuania were Packaged Medicaments ($54.8M), Other Nitrogen Compounds ($10.9M), and Raw Plastic Sheeting ($10.2M). Over the past 5 years the exports of Hungary to Lithuania have increased at an annualized rate of 1.85%,  from $287M in 2017 to $314M in 2022.

In 2020, Hungary exported services to Lithuania worth $26.2M, with Transportation ($23.3M), Other business services ($1.48M), and Computer and information services ($1.26M) 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).