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2023
Flag → Flag
Exports $463MRnk 76 / 216
2023
Flag → Flag
Top Product $68MCoal Tar Oil
2023
Flag → Flag
Exports $660MRnk 17 / 196
2023
Flag → Flag
Top Product $307MScrap Iron
2023
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Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
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Economic Complexity (ECI) ECI 0.85Rnk 32 / 132
2023
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GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
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GDP GROWTH16.8%CURRENT US$
Rnk 149 / 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 $13,106CURRENT US$
Rnk 77 / 195
2013-2023
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GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 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

Turkey-Lithuania Trade: In 2023, Turkey exported $463M to Lithuania. The main products that Turkey exported to Lithuania were Coal Tar Oil ($68M), Electrical Transformers ($34.6M), and Iron Structures ($24M). Over the past 5 years the exports of Turkey to Lithuania have increased at an annualized rate of 15.3%, from $227M in 2018 to $463M in 2023.

In 2009, Turkey exported services to Lithuania worth $0, with being the largest in terms of value.

Lithuania-Turkey Trade: In 2023, Lithuania exported $660M to Turkey. The main products that Lithuania exported to Turkey were Scrap Iron ($307M), Tractors ($65.9M), and Refined Petroleum ($45M). Over the past 5 years the exports of Lithuania to Turkey have increased at an annualized rate of 10.6%,  from $400M in 2018 to $660M in 2023.

In 2020, Lithuania exported services to Turkey worth $20.2M, with Other business services ($12.1M), Transportation ($5.94M), and Travel ($1.14M) being the largest in terms of value.

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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, Turkey exported $463M to Lithuania. The main products exported from Turkey to Lithuania were Coal Tar Oil ($68M), Electrical Transformers ($34.6M), and Iron Structures ($24M). During the last 5 years the exports of Turkey to Lithuania have increased at an annualized rate of 15.3%, from $227M in 2018 to $463M in 2023.

In 2018, Lithuania exported $660M to Turkey. The main products exported from Lithuania to Turkey were Scrap Iron ($307M), Tractors ($65.9M), and Refined Petroleum ($45M). During the last 5 years the exports of Lithuania to Turkey have increased at an annualized rate of 10.6%, from $400M in 2023 to $660M in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Lithuania (Flag)

Turkey Exports

Lithuania Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Lithuania
Top DestinationLatvia$4.44B

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

In 2023, countries that imported more from Turkey than Lithuania included Germany ($24.7B), United Arab Emirates ($14.7B), and United States ($15.9B).

In 2023, countries that imported more from Lithuania than Turkey included Latvia ($4.44B), Estonia ($1.4B), and Belarus ($1.84B).

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

Comparative Advantage Turkey - Lithuania

Flow
Scale

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

During 2023, Turkey had a large net trade with Lithuania in the exports of Machines ($97.1M), Metals ($79.7M), and Mineral Products ($69.8M).

During 2018, Lithuania had a large net trade with Turkey in the exports of Metals ($312M), Transportation ($110M), and Machines ($62.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Lithuania+$11.2MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Lithuania Turkey+$9.2MMotor vehicles; parts and accessories (8701 to 8705)

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

Tur Year

In 2009, Turkey exported services to Lithuania worth $0, with being the largest in terms of value.

In 2020, Lithuania exported services to Turkey worth $20.2M, with Other business services ($12.1M), Transportation ($5.94M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Lithuania (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Turkey (Flag) and Lithuania (Flag) (2023)

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