Lithuania-India Trade: In 2023, Lithuania exported $120M to India. The main products that Lithuania exported to India were Scrap Iron ($32.1M), Semiconductor Devices ($6.15M), and Dried Legumes ($4.54M). Over the past 5 years the exports of Lithuania to India have decreased at an annualized rate of 6.19%, from $166M in 2018 to $120M in 2023.
In 2020, Lithuania exported services to India worth $11.5M, with Computer and information services ($7.65M), Personal, cultural, and recreational services ($1.6M), and Travel ($1.37M) being the largest in terms of value.
India-Lithuania Trade: In 2023, India exported $164M to Lithuania. The main products that India exported to Lithuania were Insulated Wire ($10M), Air Pumps ($8.63M), and Fish Fillets ($8.21M). Over the past 5 years the exports of India to Lithuania have increased at an annualized rate of 16.1%, from $77.7M in 2018 to $164M in 2023.
In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).