Singapore / Lithuania

Singapore-Lithuania Trade: In 2022, Singapore exported $55.9M to Lithuania. The main products that Singapore exported to Lithuania were Passenger and Cargo Ships ($38.7M), Bi-Wheel Vehicle Parts ($5.37M), and Ink ($1.38M). Over the past 5 years the exports of Singapore to Lithuania have increased at an annualized rate of 61.5%, from $5.09M in 2017 to $55.9M in 2022.

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

Lithuania-Singapore Trade: In 2022, Lithuania exported $255M to Singapore. The main products that Lithuania exported to Singapore were Refined Petroleum ($152M), Other Plastic Products ($47.9M), and Animal or Vegetable Fertilizers ($6.48M). Over the past 5 years the exports of Lithuania to Singapore have increased at an annualized rate of 7.35%,  from $179M in 2017 to $255M in 2022.

In 2020, Lithuania exported services to Singapore worth $43.5M, with Computer and information services ($24.1M), Transportation ($17.2M), and Other business services ($1.83M) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).