2022
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GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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About

Russia-Lithuania Trade: In 2022, Russia exported $2.58B to Lithuania. The main products that Russia exported to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). Over the past 5 years the exports of Russia to Lithuania have decreased at an annualized rate of 2.47%, from $2.92B in 2017 to $2.58B in 2022.

In 2022, Russia did not export any services to Lithuania.

Lithuania-Russia Trade: In 2022, Lithuania exported $2.88B to Russia. The main products that Lithuania exported to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). Over the past 5 years the exports of Lithuania to Russia have decreased at an annualized rate of 7.26%,  from $4.2B in 2017 to $2.88B in 2022.

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $2.58B to Lithuania. The main products exported from Russia to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 5 years the exports of Russia to Lithuania have decreased at an annualized rate of 2.47%, from $2.92B in 2017 to $2.58B in 2022.

In 2017, Lithuania exported $2.88B to Russia. The main products exported from Lithuania to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 5 years the exports of Lithuania to Russia have decreased at an annualized rate of 7.26%, from $4.2B in 2022 to $2.88B in 2017.

Exports from Russia (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Lithuania
Top Destination
Latvia$6.18B

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

In 2022, countries that imported more from Russia than Lithuania included China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2022, countries that imported more from Lithuania than Russia included Latvia ($6.18B), Belarus ($1.5B), and Sweden ($1.79B).

Difference in imports from Lithuania (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Lithuania

Flow
Scale

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

During 2022, Russia had a large net trade with Lithuania in the exports of Mineral Products ($1.52B), Chemical Products ($263M), and Metals ($252M).

During 2017, Lithuania had a large net trade with Russia in the exports of Machines ($525M), Chemical Products ($516M), and Foodstuffs ($428M).

Bilateral Service Trade

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania (Flag) to Russia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Lithuania (Flag) (2022)

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