Lithuania (LTU) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

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Lithuania-Slovenia Trade: In 2023, Lithuania exported $67.2M to Slovenia. The main products that Lithuania exported to Slovenia were Rolled Tobacco ($5.22M), Other Furniture ($3.91M), and Textile Scraps ($2.65M). Over the past 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 4.31%, from $54.4M in 2018 to $67.2M in 2023.

In 2020, Lithuania exported services to Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

Slovenia-Lithuania Trade: In 2023, Slovenia exported $227M to Lithuania. The main products that Slovenia exported to Lithuania were Packaged Medicaments ($130M), Tractors ($9.55M), and Vaccines, blood, antisera, toxins and cultures ($6.67M). Over the past 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 12%, from $129M in 2018 to $227M in 2023.

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) being the largest in terms of value.

Comparison: In 2023, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lithuania exported $67.2M to Slovenia. The main products exported from Lithuania to Slovenia were Rolled Tobacco ($5.22M), Other Furniture ($3.91M), and Textile Scraps ($2.65M). During the last 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 4.31%, from $54.4M in 2018 to $67.2M in 2023.

In 2018, Slovenia exported $227M to Lithuania. The main products exported from Slovenia to Lithuania were Packaged Medicaments ($130M), Tractors ($9.55M), and Vaccines, blood, antisera, toxins and cultures ($6.67M). During the last 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 12%, from $129M in 2023 to $227M in 2018.

Exports from Lithuania () to Slovenia () (2023)

Exports from Slovenia () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Slovenia ()

Lithuania Exports

Date

Slovenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$4.44B

Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Lithuania than Slovenia included Latvia ($4.44B), Poland ($3.37B), and Belarus ($1.84B).

In 2023, countries that imported more from Slovenia than Lithuania included Switzerland ($13.5B), Italy ($6.23B), and Croatia ($4.85B).

Difference in imports from Slovenia () and Lithuania () (2023)

Comparative Advantage Lithuania - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lithuania had a large net trade with Slovenia in the exports of Machines ($15.4M), Foodstuffs ($9.91M), and Miscellaneous ($5.13M).

During 2018, Slovenia had a large net trade with Lithuania in the exports of Chemical Products ($149M), Machines ($21.7M), and Transportation ($17.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lithuania Slovenia+$4.71MCars

Top Product Potential Slovenia Lithuania+$4.38MCars

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

Svn Year

Ltu Year

In 2020, Lithuania exported services to Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania () to Slovenia () (2020)

Services Exports from Slovenia () to Lithuania () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Slovenia () (2023)

Exports from Slovenia () to Lithuania () (2023)

Latest Data

Trade between Lithuania () and Slovenia ()

Lithuania Exports

Slovenia Exports

Market Competitiveness

Difference in imports from Slovenia () and Lithuania () (2023)

Comparative Advantage Lithuania - Slovenia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Lithuania () to Slovenia () (2020)

Services Exports from Slovenia () to Lithuania () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Slovenia () (2023)

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