Romania (ROU) and Lithuania (LTU) Trade | The Observatory of Economic Complexity

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Romania-Lithuania Trade: In 2023, Romania exported $184M to Lithuania. The main products that Romania exported to Lithuania were Processed Tobacco ($30.7M), Packaged Medicaments ($14M), and Other Small Iron Pipes ($9.86M). Over the past 5 years the exports of Romania to Lithuania have increased at an annualized rate of 10.9%, from $110M in 2018 to $184M in 2023.

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.

Lithuania-Romania Trade: In 2023, Lithuania exported $294M to Romania. The main products that Lithuania exported to Romania were Other Furniture ($36.2M), Electrical Control Boards ($27.8M), and Frozen Bovine Meat ($17.1M). Over the past 5 years the exports of Lithuania to Romania have increased at an annualized rate of 18.7%, from $125M in 2018 to $294M in 2023.

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.

Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $184M to Lithuania. The main products exported from Romania to Lithuania were Processed Tobacco ($30.7M), Packaged Medicaments ($14M), and Other Small Iron Pipes ($9.86M). During the last 5 years the exports of Romania to Lithuania have increased at an annualized rate of 10.9%, from $110M in 2018 to $184M in 2023.

In 2018, Lithuania exported $294M to Romania. The main products exported from Lithuania to Romania were Other Furniture ($36.2M), Electrical Control Boards ($27.8M), and Frozen Bovine Meat ($17.1M). During the last 5 years the exports of Lithuania to Romania have increased at an annualized rate of 18.7%, from $125M in 2023 to $294M in 2018.

Exports from Romania () to Lithuania () (2023)

Exports from Lithuania () to Romania () (2023)

Latest Data

Trade between Romania () and Lithuania ()

Romania Exports

Date

Lithuania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Lithuania
Top DestinationLatvia$4.44B

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

In 2023, countries that imported more from Romania than Lithuania included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

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

Comparative Advantage Romania - Lithuania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Lithuania in the exports of Foodstuffs ($42.1M), Machines ($31M), and Chemical Products ($26.8M).

During 2018, Lithuania had a large net trade with Romania in the exports of Machines ($80.5M), Miscellaneous ($44.7M), and Plastics and Rubbers ($31.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Lithuania+$6.23MCars

Top Product Potential Lithuania Romania+$7.69MOther Furniture

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

Ltu Year

Rou Year

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Lithuania () (2023)

Exports from Lithuania () to Romania () (2023)

Latest Data

Trade between Romania () and Lithuania ()

Romania Exports

Lithuania Exports

Market Competitiveness

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

Comparative Advantage Romania - Lithuania

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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