2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$70.3BCURRENT US$
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2012-2022
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GDP GROWTH
63.8%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$24,827CURRENT US$
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2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
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About

Finland-Lithuania In 2022, Finland exported $1.14B to Lithuania. The main products that Finland exported to Lithuania are Refined Petroleum ($187M), Cars ($71.3M), and Coal Tar Oil ($64.5M). During the last 27 years the exports of Finland to Lithuania have increased at an annualized rate of 8.46%, from $127M in 1995 to $1.14B in 2022.

In 2020, Finland exported services to Lithuania worth $123M, with Other business services ($51.4M), Computer and information services ($37.7M), and Transportation ($17.1M) being the largest in terms of value.

Lithuania-Finland In 2022, Lithuania exported $838M to Finland. The main products that Lithuania exported to Finland were Iron Structures ($47.8M), Plastic Lids ($47.7M), and Rolled Tobacco ($33.8M). During the last 27 years the exports of Lithuania to Finland have increased at an annualized rate of 12.3%, from $37M in 1995 to $838M in 2022.

In 2020, Lithuania exported services to Finland worth $164M, with Transportation ($78.8M), Other business services ($44.4M), and Travel ($11.2M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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, Finland exported $1.14B to Lithuania. The main products exported from Finland to Lithuania were Refined Petroleum ($187M), Cars ($71.3M), and Coal Tar Oil ($64.5M). During the last 27 years the exports of Finland to Lithuania have increased at an annualized rate of 8.46%, from $127M in 1995 to $1.14B in 2022.

In 2022, Lithuania exported $838M to Finland. The main products exported from Lithuania to Finland were Iron Structures ($47.8M), Plastic Lids ($47.7M), and Rolled Tobacco ($33.8M). During the last 27 years the exports of Lithuania to Finland have increased at an annualized rate of 12.3%, from $37M in 1995 to $838M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Lithuania (Flag)

Finland Exports

Lithuania Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Lithuania
Top Destination
Latvia$6.18B

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

In 2021, countries that imported more from Finland than Lithuania were Sweden ($9.1B), United States ($9.17B), and Germany ($9.99B).

In 2021, countries that imported more from Lithuania than Finland were Latvia ($6.18B), Belarus ($1.5B), and Poland ($3.91B).

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

Comparative Advantage Finland - Lithuania

Flow
Scale

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

During 2022, Finland had a large net trade with Lithuania in the exports of Mineral Products ($255M), Machines ($212M), and Chemical Products ($132M).

During 2022, Lithuania had a large net trade with Finland in the exports of Metals ($151M), Machines ($124M), and Plastics and Rubbers ($89.8M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Lithuania worth $123M, with Other business services ($51.4M), Computer and information services ($37.7M), and Transportation ($17.1M) being the largest in terms of value.

In 2020, Lithuania exported services to Finland worth $164M, with Transportation ($78.8M), Other business services ($44.4M), and Travel ($11.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Lithuania (Flag) to Finland (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 Finland has comparative advantage over Lithuania. Similarly, the more yellow a dot/product is, the more Lithuania has comparative advantage over Finland.

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

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