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
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%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
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Lithuania-Romania Trade: In 2022, Lithuania exported $286M to Romania. The main products that Lithuania exported to Romania were Other Furniture ($32.7M), Electrical Control Boards ($24.4M), and Frozen Bovine Meat ($19.3M). Over the past 5 years the exports of Lithuania to Romania have increased at an annualized rate of 22.5%, from $104M in 2017 to $286M in 2022.

In 2020, Lithuania exported services to Romania worth $21.6M, with Transportation ($12.4M), Other business services ($3.66M), and Travel ($2.28M) being the largest in terms of value.

Romania-Lithuania Trade: In 2022, Romania exported $224M to Lithuania. The main products that Romania exported to Lithuania were Processed Tobacco ($46.3M), Other Small Iron Pipes ($13.3M), and Packaged Medicaments ($11.6M). Over the past 5 years the exports of Romania to Lithuania have increased at an annualized rate of 12%,  from $90.6M in 2017 to $224M in 2022.

In 2020, Romania exported services to Lithuania worth $37.7M, with Transportation ($24.6M), Other business services ($4.45M), and Computer and information services ($3.31M) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $286M to Romania. The main products exported from Lithuania to Romania were Other Furniture ($32.7M), Electrical Control Boards ($24.4M), and Frozen Bovine Meat ($19.3M). During the last 5 years the exports of Lithuania to Romania have increased at an annualized rate of 22.5%, from $104M in 2017 to $286M in 2022.

In 2017, Romania exported $224M to Lithuania. The main products exported from Romania to Lithuania were Processed Tobacco ($46.3M), Other Small Iron Pipes ($13.3M), and Packaged Medicaments ($11.6M). During the last 5 years the exports of Romania to Lithuania have increased at an annualized rate of 12%, from $90.6M in 2022 to $224M in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Romania (Flag)

Lithuania Exports

Romania Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from Lithuania than Romania included Latvia ($6.18B), Russia ($2.88B), and Estonia ($2.27B).

In 2022, countries that imported more from Romania than Lithuania included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Lithuania - Romania

Flow
Scale

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

During 2022, Lithuania had a large net trade with Romania in the exports of Machines ($72.8M), Miscellaneous ($40.9M), and Animal Products ($33.6M).

During 2017, Romania had a large net trade with Lithuania in the exports of Foodstuffs ($59M), Machines ($34.4M), and Metals ($33.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Romania+$7.69MOther Furniture
Top Product Potential Romania Lithuania+$6.23MCars

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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Bilateral Service Trade

In 2020, Lithuania exported services to Romania worth $21.6M, with Transportation ($12.4M), Other business services ($3.66M), and Travel ($2.28M) being the largest in terms of value.

In 2020, Romania exported services to Lithuania worth $37.7M, with Transportation ($24.6M), Other business services ($4.45M), and Computer and information services ($3.31M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to Romania (Flag) (2020)

Services Exports from Romania (Flag) to Lithuania (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lithuania and Romania. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Lithuania.

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

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