2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186

About

Austria-Lithuania In 2022, Austria exported $483M to Lithuania. The main products that Austria exported to Lithuania are Packaged Medicaments ($38.5M), Tractors ($25.4M), and Nitrogenous Fertilizers ($17.1M). During the last 27 years the exports of Austria to Lithuania have increased at an annualized rate of 9.88%, from $37.9M in 1995 to $483M in 2022.

In 2020, Austria exported services to Lithuania worth $69.7M, with Transportation ($21.7M), Travel ($12.6M), and Computer and information services ($12.6M) being the largest in terms of value.

Lithuania-Austria In 2022, Lithuania exported $406M to Austria. The main products that Lithuania exported to Austria were Rolled Tobacco ($99.7M), Other Furniture ($32.8M), and Enzymes ($19.9M). During the last 27 years the exports of Lithuania to Austria have increased at an annualized rate of 10.7%, from $26M in 1995 to $406M in 2022.

In 2020, Lithuania exported services to Austria worth $419M, with Transportation ($402M), Other business services ($8.68M), and Financial services ($2.51M) being the largest in terms of value.

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $483M to Lithuania. The main products exported from Austria to Lithuania were Packaged Medicaments ($38.5M), Tractors ($25.4M), and Nitrogenous Fertilizers ($17.1M). During the last 27 years the exports of Austria to Lithuania have increased at an annualized rate of 9.88%, from $37.9M in 1995 to $483M in 2022.

In 2022, Lithuania exported $406M to Austria. The main products exported from Lithuania to Austria were Rolled Tobacco ($99.7M), Other Furniture ($32.8M), and Enzymes ($19.9M). During the last 27 years the exports of Lithuania to Austria have increased at an annualized rate of 10.7%, from $26M in 1995 to $406M in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Lithuania (Flag)

Austria Exports

Lithuania Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Lithuania
Top Destination
Latvia$6.18B

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

In 2021, countries that imported more from Austria than Lithuania were Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

In 2021, countries that imported more from Lithuania than Austria were Latvia ($6.18B), Estonia ($2.27B), and Belarus ($1.5B).

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

Comparative Advantage Austria - Lithuania

Flow
Scale

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

During 2022, Austria had a large net trade with Lithuania in the exports of Machines ($122M), Chemical Products ($94.9M), and Transportation ($57.7M).

During 2022, Lithuania had a large net trade with Austria in the exports of Foodstuffs ($106M), Machines ($58.2M), and Chemical Products ($49.1M).

Service Trade

Bilateral Service Trade

In 2020, Austria exported services to Lithuania worth $69.7M, with Transportation ($21.7M), Travel ($12.6M), and Computer and information services ($12.6M) being the largest in terms of value.

In 2020, Lithuania exported services to Austria worth $419M, with Transportation ($402M), Other business services ($8.68M), and Financial services ($2.51M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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 Austria has comparative advantage over Lithuania. Similarly, the more yellow a dot/product is, the more Lithuania has comparative advantage over Austria.

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

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