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2023
Flag → Flag
Exports $2.2BRnk 6 / 196
2023
Flag → Flag
Top Product $841MRefined Petroleum
2023
Flag → Flag
Exports $3.15BRnk 55 / 220
2023
Flag → Flag
Top Product $1.46BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.85Rnk 32 / 132
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
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GDP GROWTH72.3%CURRENT US$
Rnk 39 / 195
2023
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 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $27,786CURRENT US$
Rnk 49 / 195
2013-2023
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GDP PC GROWTH77.5%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Lithuania-United States Trade: In 2023, Lithuania exported $2.2B to United States. The main products that Lithuania exported to United States were Refined Petroleum ($841M), Other Plastic Products ($257M), and Other Furniture ($242M). Over the past 5 years the exports of Lithuania to United States have increased at an annualized rate of 10.8%, from $1.32B in 2018 to $2.2B in 2023.

In 2020, Lithuania exported services to United States worth $393M, with Computer and information services ($240M), Other business services ($111M), and Transportation ($25.7M) being the largest in terms of value.

United States-Lithuania Trade: In 2023, United States exported $3.15B to Lithuania. The main products that United States exported to Lithuania were Crude Petroleum ($1.46B), Petroleum Gas ($869M), and Refined Petroleum ($73.9M). Over the past 5 years the exports of United States to Lithuania have increased at an annualized rate of 37.5%,  from $642M in 2018 to $3.15B in 2023.

In 2017, United States exported services to Lithuania worth $206M, with Travel ($117M), Transportation ($34M), and Financial services ($21M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lithuania exported $2.2B to United States. The main products exported from Lithuania to United States were Refined Petroleum ($841M), Other Plastic Products ($257M), and Other Furniture ($242M). During the last 5 years the exports of Lithuania to United States have increased at an annualized rate of 10.8%, from $1.32B in 2018 to $2.2B in 2023.

In 2018, United States exported $3.15B to Lithuania. The main products exported from United States to Lithuania were Crude Petroleum ($1.46B), Petroleum Gas ($869M), and Refined Petroleum ($73.9M). During the last 5 years the exports of United States to Lithuania have increased at an annualized rate of 37.5%, from $642M in 2023 to $3.15B in 2018.

Exports from Lithuania (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Lithuania (Flag) (2023)

Latest Data

Trade between Lithuania (Flag) and United States (Flag)

Lithuania Exports

United States Exports

Market Competitiveness

Color
Lithuania
Top DestinationLatvia$4.44B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Lithuania than United States included Latvia ($4.44B), Belarus ($1.84B), and Russia ($2.32B).

In 2023, countries that imported more from United States than Lithuania included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Lithuania (Flag) (2023)

Comparative Advantage Lithuania - United States

Flow
Scale

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

During 2023, Lithuania had a large net trade with United States in the exports of Mineral Products ($851M), Plastics and Rubbers ($302M), and Miscellaneous ($278M).

During 2018, United States had a large net trade with Lithuania in the exports of Mineral Products ($2.41B), Transportation ($152M), and Machines ($134M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania United States+$206MRefined Petroleum
Top Product Potential United States Lithuania+$204MCrude Petroleum

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

Product Space of Lithuania (Flag) and United States (Flag) (2023)

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