Lithuania (LTU) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Lithuania-Russia In 2022, Lithuania exported $2.88B to Russia. The main products that Lithuania exported to Russia are Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 27 years the exports of Lithuania to Russia have increased at an annualized rate of 6.31%, from $552M in 1995 to $2.88B in 2022.

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

Russia-Lithuania In 2022, Russia exported $2.58B to Lithuania. The main products that Russia exported to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 27 years the exports of Russia to Lithuania have increased at an annualized rate of 3.6%, from $991M in 1995 to $2.58B in 2022.

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) being the largest in terms of value.

Comparison In 2022, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lithuania exported $2.88B to Russia. The main products exported from Lithuania to Russia were Wine ($192M), Perfumes ($87.1M), and Beauty Products ($74M). During the last 27 years the exports of Lithuania to Russia have increased at an annualized rate of 6.31%, from $552M in 1995 to $2.88B in 2022.

In 2022, Russia exported $2.58B to Lithuania. The main products exported from Russia to Lithuania were Crude Petroleum ($671M), Petroleum Gas ($520M), and Refined Petroleum ($133M). During the last 27 years the exports of Russia to Lithuania have increased at an annualized rate of 3.6%, from $991M in 1995 to $2.58B in 2022.

Exports from Lithuania () to Russia () (2022)

Exports from Russia () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Russia ()

Lithuania Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lithuania
Top DestinationLatvia$6.18B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Lithuania than Russia were Latvia ($6.18B), Belarus ($1.5B), and Sweden ($1.79B).

In 2021, countries that imported more from Russia than Lithuania were China ($101B), India ($40.4B), and Turkey ($25.3B).

Difference in imports from Russia () and Lithuania () (2022)

Comparative Advantage Lithuania - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lithuania had a large net trade with Russia in the exports of Machines ($525M), Chemical Products ($516M), and Foodstuffs ($428M).

During 2022, Russia had a large net trade with Lithuania in the exports of Mineral Products ($1.52B), Chemical Products ($263M), and Metals ($252M).

Service Trade

Bilateral Service Trade

Rus Year

Ltu Year

In 2020, Lithuania exported services to Russia worth $849M, with Transportation ($754M), Travel ($69.2M), and Other business services ($15M) being the largest in terms of value.

In 2020, Russia exported services to Lithuania worth $264M, with Transportation ($168M), Computer and information services ($33.6M), and Travel ($30.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Lithuania () to Russia () (2020)

Services Exports from Russia () to Lithuania () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Lithuania has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Lithuania.

About

Historical Data

Bilateral Trade by Products

Exports from Lithuania () to Russia () (2022)

Exports from Russia () to Lithuania () (2022)

Latest Data

Trade between Lithuania () and Russia ()

Lithuania Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Lithuania () (2022)

Comparative Advantage Lithuania - Russia

Service Trade

Bilateral Service Trade

Services Exports from Lithuania () to Russia () (2020)

Services Exports from Russia () to Lithuania () (2020)

Economic Complexity

Competitive Landscape

Product Space of Lithuania () and Russia () (2022)

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