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2023
Flag → Flag
Exports $227MRnk 29 / 199
2023
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Top Product $130MPackaged Medicaments
2023
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Exports $67.2MRnk 58 / 196
2023
Flag → Flag
Top Product $5.22MRolled Tobacco
2023
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Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
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Economic Complexity (ECI) ECI 0.85Rnk 32 / 132
2023
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GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
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 GDP$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
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GDP GROWTH72.3%CURRENT US$
Rnk 39 / 195
2023
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GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
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GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
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GDP PC$27,786CURRENT US$
Rnk 49 / 196
2013-2023
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GDP PC GROWTH77.5%CURRENT US$
Rnk 18 / 195

About

Slovenia-Lithuania Trade: In 2023, Slovenia exported $227M to Lithuania. The main products that Slovenia exported to Lithuania were Packaged Medicaments ($130M), Tractors ($9.55M), and Vaccines, blood, antisera, toxins and cultures ($6.67M). Over the past 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 12%, from $129M in 2018 to $227M in 2023.

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 2023, Lithuania exported $67.2M to Slovenia. The main products that Lithuania exported to Slovenia were Rolled Tobacco ($5.22M), Other Furniture ($3.91M), and Textile Scraps ($2.65M). Over the past 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 4.31%,  from $54.4M in 2018 to $67.2M in 2023.

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 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). 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
Value

In 2023, Slovenia exported $227M to Lithuania. The main products exported from Slovenia to Lithuania were Packaged Medicaments ($130M), Tractors ($9.55M), and Vaccines, blood, antisera, toxins and cultures ($6.67M). During the last 5 years the exports of Slovenia to Lithuania have increased at an annualized rate of 12%, from $129M in 2018 to $227M in 2023.

In 2018, Lithuania exported $67.2M to Slovenia. The main products exported from Lithuania to Slovenia were Rolled Tobacco ($5.22M), Other Furniture ($3.91M), and Textile Scraps ($2.65M). During the last 5 years the exports of Lithuania to Slovenia have increased at an annualized rate of 4.31%, from $54.4M in 2023 to $67.2M in 2018.

Exports from Slovenia (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to Slovenia (Flag) (2023)

Latest Data

Trade between Slovenia (Flag) and Lithuania (Flag)

Slovenia Exports

Lithuania Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Lithuania
Top DestinationLatvia$4.44B

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 2023, countries that imported more from Slovenia than Lithuania included Switzerland ($13.5B), Italy ($6.23B), and Croatia ($4.85B).

In 2023, countries that imported more from Lithuania than Slovenia included Latvia ($4.44B), Poland ($3.37B), and Belarus ($1.84B).

Difference in imports from Lithuania (Flag) and Slovenia (Flag) (2023)

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 2023, Slovenia had a large net trade with Lithuania in the exports of Chemical Products ($149M), Machines ($21.7M), and Transportation ($17.8M).

During 2018, Lithuania had a large net trade with Slovenia in the exports of Machines ($15.4M), Foodstuffs ($9.91M), and Miscellaneous ($5.13M).

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) (2023)

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