2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Lithuania-Indonesia Trade: In 2022, Lithuania exported $42.6M to Indonesia. The main products that Lithuania exported to Indonesia were Wheat ($20.6M), Concentrated Milk ($4.7M), and Navigation Equipment ($2.25M). Over the past 5 years the exports of Lithuania to Indonesia have increased at an annualized rate of 5%, from $33.4M in 2017 to $42.6M in 2022.

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 2022, Indonesia exported $25.8M to Lithuania. The main products that Indonesia exported to Lithuania were Bi-Wheel Vehicle Parts ($5.58M), Hot-Rolled Iron ($2.46M), and Waxes ($2.14M). Over the past 5 years the exports of Indonesia to Lithuania have decreased at an annualized rate of 5.62%,  from $34.5M in 2017 to $25.8M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $42.6M to Indonesia. The main products exported from Lithuania to Indonesia were Wheat ($20.6M), Concentrated Milk ($4.7M), and Navigation Equipment ($2.25M). During the last 5 years the exports of Lithuania to Indonesia have increased at an annualized rate of 5%, from $33.4M in 2017 to $42.6M in 2022.

In 2017, Indonesia exported $25.8M to Lithuania. The main products exported from Indonesia to Lithuania were Bi-Wheel Vehicle Parts ($5.58M), Hot-Rolled Iron ($2.46M), and Waxes ($2.14M). During the last 5 years the exports of Indonesia to Lithuania have decreased at an annualized rate of 5.62%, from $34.5M in 2022 to $25.8M in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Indonesia (Flag)

Lithuania Exports

Indonesia Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Indonesia than Lithuania included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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 2022, Lithuania had a large net trade with Indonesia in the exports of Vegetable Products ($20.9M), Animal Products ($6.53M), and Machines ($5.68M).

During 2017, Indonesia had a large net trade with Lithuania in the exports of Transportation ($5.72M), Chemical Products ($4.7M), and Machines ($3.38M).

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) (2022)

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