2023
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GDP
$79.8BCURRENT US$
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2013-2023
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GDP GROWTH
72.3%CURRENT US$
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2023
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GDP PC 
$27,786CURRENT US$
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2013-2023
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GDP PC GROWTH
77.5%CURRENT US$
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About

Lithuania-British Virgin Islands Trade: In 2023, Lithuania exported $13.6k to British Virgin Islands. The main products that Lithuania exported to British Virgin Islands were Scented Mixtures ($11.2k) and Motor vehicles; parts and accessories (8701 to 8705) ($2.41k). Over the past 7 years the exports of Lithuania to British Virgin Islands have decreased at an annualized rate of 4.28%, from $18.4k in 2016 to $13.6k in 2023.

In 2023, Lithuania did not export any services to British Virgin Islands.

British Virgin Islands-Lithuania Trade: In 2023, 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 55.8%,  from $15.9k in 2016 to $269 in 2023.

In 2023, British Virgin Islands did not export any services to Lithuania.

Comparison In 2023,  Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85),  and 63 in total exports ($41B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lithuania exported $13.6k to British Virgin Islands. The main products exported from Lithuania to British Virgin Islands were Scented Mixtures ($11.2k) and Motor vehicles; parts and accessories (8701 to 8705) ($2.41k). During the last 7 years the exports of Lithuania to British Virgin Islands have decreased at an annualized rate of 4.28%, from $18.4k in 2016 to $13.6k in 2023.

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 55.8%, from $15.9k in 2021 to $269 in 2016.

Exports from Lithuania (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Lithuania (Flag) (2023)

Latest Data

Trade between Lithuania (Flag) and British Virgin Islands (Flag)

Lithuania Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$4.44B
British Virgin Islands
Top Destination
Malta$93.7M

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 2023, countries that imported more from Lithuania than British Virgin Islands included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

In 2023, countries that imported more from British Virgin Islands than Lithuania included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

Difference in imports from British Virgin Islands (Flag) and Lithuania (Flag) (2023)

Comparative Advantage Lithuania - British Virgin Islands

Flow
Scale

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

During 2023, Lithuania had a large net trade with British Virgin Islands in the exports of Chemical Products ($11.2k) and Transportation ($2.41k).

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

Economic Complexity

Competitive Landscape

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.

Product Space of Lithuania (Flag) and British Virgin Islands (Flag) (2023)

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