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2022
Flag → Flag
Exports $151MRnk 69 / 210
2022
Flag → Flag
Top Product $28.1MIntegrated Circuits
2022
Flag → Flag
Exports $42.4MRnk 67 / 196
2022
Flag → Flag
Top Product $4.52MLaboratory Reagents
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.93Rnk 30 / 133
2022
Flag
 GDP$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH72.8%CURRENT US$
Rnk 17 / 186

About

Chinese Taipei-Lithuania Trade: In 2022, Chinese Taipei exported $151M to Lithuania. The main products that Chinese Taipei exported to Lithuania were Integrated Circuits ($28.1M), Bi-Wheel Vehicle Parts ($12.5M), and Medical Instruments ($7.46M). Over the past 5 years the exports of Chinese Taipei to Lithuania have increased at an annualized rate of 8.91%, from $98.8M in 2017 to $151M in 2022.

In 2022, Chinese Taipei did not export any services to Lithuania.

Lithuania-Chinese Taipei Trade: In 2022, Lithuania exported $42.4M to Chinese Taipei. The main products that Lithuania exported to Chinese Taipei were Laboratory Reagents ($4.52M), Sawn Wood ($3.07M), and Other Furniture ($2.73M). Over the past 5 years the exports of Lithuania to Chinese Taipei have increased at an annualized rate of 9.64%,  from $26.8M in 2017 to $42.4M in 2022.

In 2022, Lithuania did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $151M to Lithuania. The main products exported from Chinese Taipei to Lithuania were Integrated Circuits ($28.1M), Bi-Wheel Vehicle Parts ($12.5M), and Medical Instruments ($7.46M). During the last 5 years the exports of Chinese Taipei to Lithuania have increased at an annualized rate of 8.91%, from $98.8M in 2017 to $151M in 2022.

In 2017, Lithuania exported $42.4M to Chinese Taipei. The main products exported from Lithuania to Chinese Taipei were Laboratory Reagents ($4.52M), Sawn Wood ($3.07M), and Other Furniture ($2.73M). During the last 5 years the exports of Lithuania to Chinese Taipei have increased at an annualized rate of 9.64%, from $26.8M in 2022 to $42.4M in 2017.

Exports from Chinese Taipei (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Lithuania
Top DestinationLatvia$6.18B

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

In 2022, countries that imported more from Chinese Taipei than Lithuania included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Lithuania than Chinese Taipei included Latvia ($6.18B), Estonia ($2.27B), and Russia ($2.88B).

Difference in imports from Lithuania (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Lithuania

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Lithuania in the exports of Machines ($67.7M), Transportation ($20.2M), and Metals ($19.8M).

During 2017, Lithuania had a large net trade with Chinese Taipei in the exports of Chemical Products ($8.76M), Instruments ($6.25M), and Wood Products ($4.13M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Lithuania (Flag) (2022)

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