Lithuania / Romania

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 19.9%,  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).