2022
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GDP
$70.3BCURRENT US$
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2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC 
$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Lithuania-Japan Trade: In 2022, Lithuania exported $141M to Japan. The main products that Lithuania exported to Japan were Other Plastic Products ($21.9M), Therapeutic Appliances ($12.7M), and Rolled Tobacco ($9.85M). Over the past 5 years the exports of Lithuania to Japan have decreased at an annualized rate of 13.5%, from $291M in 2017 to $141M in 2022.

In 2020, Lithuania exported services to Japan worth $4.8M, with Other business services ($1.37M), Transportation ($1.26M), and Computer and information services ($1.14M) being the largest in terms of value.

Japan-Lithuania Trade: In 2022, Japan exported $97.3M to Lithuania. The main products that Japan exported to Lithuania were Artificial Filament Tow ($20.2M), Tractors ($9.07M), and Semiconductor Devices ($6.31M). Over the past 5 years the exports of Japan to Lithuania have increased at an annualized rate of 11.3%,  from $56.9M in 2017 to $97.3M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $141M to Japan. The main products exported from Lithuania to Japan were Other Plastic Products ($21.9M), Therapeutic Appliances ($12.7M), and Rolled Tobacco ($9.85M). During the last 5 years the exports of Lithuania to Japan have decreased at an annualized rate of 13.5%, from $291M in 2017 to $141M in 2022.

In 2017, Japan exported $97.3M to Lithuania. The main products exported from Japan to Lithuania were Artificial Filament Tow ($20.2M), Tractors ($9.07M), and Semiconductor Devices ($6.31M). During the last 5 years the exports of Japan to Lithuania have increased at an annualized rate of 11.3%, from $56.9M in 2022 to $97.3M in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Japan (Flag)

Lithuania Exports

Japan Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Lithuania than Japan included Latvia ($6.18B), Estonia ($2.27B), and Belarus ($1.5B).

In 2022, countries that imported more from Japan than Lithuania included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Lithuania - Japan

Flow
Scale

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

During 2022, Lithuania had a large net trade with Japan in the exports of Instruments ($33.4M), Plastics and Rubbers ($24.3M), and Foodstuffs ($21.6M).

During 2017, Japan had a large net trade with Lithuania in the exports of Machines ($28.3M), Textiles ($23.4M), and Transportation ($18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Japan+$11.6MLaboratory Reagents
Top Product Potential Japan Lithuania+$7.68MCars

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

Product Space of Lithuania (Flag) and Japan (Flag) (2022)

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