2023
Flag  
GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Lithuania-Indonesia Trade: In 2023, Lithuania exported $37.2M to Indonesia. The main products that Lithuania exported to Indonesia were Wheat ($14.2M), Wadding ($4.32M), and Navigation Equipment ($3.36M). Over the past 5 years the exports of Lithuania to Indonesia have increased at an annualized rate of 4.02%, from $30.5M in 2018 to $37.2M in 2023.

In 2020, Lithuania exported services to Indonesia worth $571k, with Travel ($228k), Other business services ($228k), and Computer and information services ($114k) being the largest in terms of value.

Indonesia-Lithuania Trade: In 2023, Indonesia exported $41.4M to Lithuania. The main products that Indonesia exported to Lithuania were Iron Structures ($14.7M), Bi-Wheel Vehicle Parts ($3.74M), and Uncoated Paper ($2.42M). Over the past 5 years the exports of Indonesia to Lithuania have increased at an annualized rate of 7.95%,  from $28.2M in 2018 to $41.4M in 2023.

In 2023, Indonesia did not export any services to Lithuania.

Comparison: In 2023,  Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lithuania exported $37.2M to Indonesia. The main products exported from Lithuania to Indonesia were Wheat ($14.2M), Wadding ($4.32M), and Navigation Equipment ($3.36M). During the last 5 years the exports of Lithuania to Indonesia have increased at an annualized rate of 4.02%, from $30.5M in 2018 to $37.2M in 2023.

In 2018, Indonesia exported $41.4M to Lithuania. The main products exported from Indonesia to Lithuania were Iron Structures ($14.7M), Bi-Wheel Vehicle Parts ($3.74M), and Uncoated Paper ($2.42M). During the last 5 years the exports of Indonesia to Lithuania have increased at an annualized rate of 7.95%, from $28.2M in 2023 to $41.4M in 2018.

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

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

Latest Data

Trade between Lithuania (Flag) and Indonesia (Flag)

Lithuania Exports

Indonesia Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$4.44B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Lithuania than Indonesia included Latvia ($4.44B), Poland ($3.37B), and Belarus ($1.84B).

In 2023, countries that imported more from Indonesia than Lithuania included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Lithuania - Indonesia

Flow
Scale

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

During 2023, Lithuania had a large net trade with Indonesia in the exports of Vegetable Products ($14.3M), Machines ($8.83M), and Textiles ($4.8M).

During 2018, Indonesia had a large net trade with Lithuania in the exports of Metals ($17.1M), Animal and Vegetable Bi-Products ($6.28M), and Transportation ($3.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Indonesia+$13.9MWheat
Top Product Potential Indonesia Lithuania+$1.92MBi-Wheel Vehicle Parts

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

Product Space of Lithuania (Flag) and Indonesia (Flag) (2023)

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