Lithuania (LTU) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Lithuania-British Virgin Islands Trade: In 2022, Lithuania exported $1.85k to British Virgin Islands. The main products that Lithuania exported to British Virgin Islands were Broadcasting Equipment ($1.85k). Over the past 7 years the exports of Lithuania to British Virgin Islands have decreased at an annualized rate of 22.7%, from $11.2k in 2015 to $1.85k in 2022.

In 2022, Lithuania did not export any services to British Virgin Islands.

British Virgin Islands-Lithuania Trade: In 2022, British Virgin Islands exported $269 to Lithuania. The main products that British Virgin Islands exported to Lithuania were N/A. Over the past 7 years the exports of British Virgin Islands to Lithuania have decreased at an annualized rate of 49.3%, from $15.9k in 2015 to $269 in 2022.

In 2022, British Virgin Islands 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, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $1.85k to British Virgin Islands. The main products exported from Lithuania to British Virgin Islands were Broadcasting Equipment ($1.85k). During the last 7 years the exports of Lithuania to British Virgin Islands have decreased at an annualized rate of 22.7%, from $11.2k in 2015 to $1.85k in 2022.

In 2016, British Virgin Islands exported $269 to Lithuania. There were not main exports from British Virgin Islands to Lithuania in 2016. During the last 5 years the exports of British Virgin Islands to Lithuania have decreased at an annualized rate of 49.3%, from $15.9k in 2021 to $269 in 2016.

Exports from Lithuania () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and British Virgin Islands ()

Lithuania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Lithuania than British Virgin Islands included Latvia ($6.18B), Poland ($3.91B), and Germany ($3.54B).

In 2022, countries that imported more from British Virgin Islands than Lithuania included Malta ($85.8M), Bermuda ($178k), and Antigua and Barbuda ($120k).

Difference in imports from British Virgin Islands () and Lithuania () (2022)

Comparative Advantage Lithuania - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Lithuania and British Virgin Islands by product, considering products traded by both, Lithuania and British Virgin Islands.

During 2022, Lithuania had a large net trade with British Virgin Islands in the exports of Machines ($1.85k).

During 2016, British Virgin Islands had a large net trade with Lithuania in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Lithuania () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and British Virgin Islands ()

Lithuania Exports

Market Competitiveness

Difference in imports from British Virgin Islands () and Lithuania () (2022)

Comparative Advantage Lithuania - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lithuania () and British Virgin Islands () (2022)

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