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2022
Flag → Flag
Exports $200MRnk 31 / 200
2022
Flag → Flag
Top Product $94.8MPackaged Medicaments
2022
Flag → Flag
Exports $71.7MRnk 54 / 196
2022
Flag
Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
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Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
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GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
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 GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
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GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
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GDP PC $29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186
2022
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GDP PC$24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186

About

Slovenia-Lithuania Trade: In 2022, Slovenia exported $200M to Lithuania. The main products that Slovenia exported to Lithuania were Packaged Medicaments ($94.8M), Vaccines, blood, antisera, toxins and cultures ($24M), and Special Pharmaceuticals ($3.53M). Over the past 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 13.7%, from $105M in 2017 to $200M in 2022.

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) being the largest in terms of value.

Lithuania-Slovenia Trade: In 2022, Lithuania exported $71.7M to Slovenia. The main products that Lithuania exported to Slovenia were N/A. Over the past 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 8.91%,  from $46.8M in 2017 to $71.7M in 2022.

In 2020, Lithuania exported services to Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). 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, Slovenia exported $200M to Lithuania. The main products exported from Slovenia to Lithuania were Packaged Medicaments ($94.8M), Vaccines, blood, antisera, toxins and cultures ($24M), and Special Pharmaceuticals ($3.53M). During the last 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 13.7%, from $105M in 2017 to $200M in 2022.

In 2017, Lithuania exported $71.7M to Slovenia. There were not main exports from Lithuania to Slovenia in 2017. During the last 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 8.91%, from $46.8M in 2022 to $71.7M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Lithuania (Flag)

Slovenia Exports

Lithuania Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$9.92B
Lithuania
Top DestinationLatvia$6.18B

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

In 2022, countries that imported more from Slovenia than Lithuania included Switzerland ($9.92B), Italy ($6.28B), and Croatia ($4.68B).

In 2022, countries that imported more from Lithuania than Slovenia included Latvia ($6.18B), Poland ($3.91B), and Estonia ($2.27B).

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

Comparative Advantage Slovenia - Lithuania

Flow
Scale

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

During 2022, Slovenia had a large net trade with Lithuania in the exports of Chemical Products ($134M), Machines ($21.2M), and Plastics and Rubbers ($8.44M).

During 2017, Lithuania had a large net trade with Slovenia in the exports of Machines ($18.1M), Transportation ($11.7M), and Foodstuffs ($5.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Lithuania+$4.38MCars
Top Product Potential Lithuania Slovenia+$4.71MCars

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

In 2020, Slovenia exported services to Lithuania worth $11.5M, with Transportation ($8.11M), Travel ($1.37M), and Other business services ($1.14M) being the largest in terms of value.

In 2020, Lithuania exported services to Slovenia worth $16.3M, with Other business services ($7.08M), Transportation ($6.97M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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