2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 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

Hong Kong-Lithuania In 2022, Hong Kong exported $58.2M to Lithuania. The main products that Hong Kong exported to Lithuania are Computers ($28.1M), Aluminium Bars ($3.44M), and Semiconductor Devices ($2.9M). During the last 27 years the exports of Hong Kong to Lithuania have increased at an annualized rate of 9.64%, from $4.84M in 1995 to $58.2M in 2022.

In 2022, Hong Kong did not export any services to Lithuania.

Lithuania-Hong Kong In 2022, Lithuania exported $77.5M to Hong Kong. The main products that Lithuania exported to Hong Kong were Office Machine Parts ($8.28M), Computers ($6.32M), and Beauty Products ($5.93M). During the last 27 years the exports of Lithuania to Hong Kong have increased at an annualized rate of 10.9%, from $4.72M in 1995 to $77.5M in 2022.

In 2020, Lithuania exported services to Hong Kong worth $8.91M, with Transportation ($5.03M), Other business services ($1.71M), and Computer and information services ($1.48M) being the largest in terms of value.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $58.2M to Lithuania. The main products exported from Hong Kong to Lithuania were Computers ($28.1M), Aluminium Bars ($3.44M), and Semiconductor Devices ($2.9M). During the last 27 years the exports of Hong Kong to Lithuania have increased at an annualized rate of 9.64%, from $4.84M in 1995 to $58.2M in 2022.

In 2022, Lithuania exported $77.5M to Hong Kong. The main products exported from Lithuania to Hong Kong were Office Machine Parts ($8.28M), Computers ($6.32M), and Beauty Products ($5.93M). During the last 27 years the exports of Lithuania to Hong Kong have increased at an annualized rate of 10.9%, from $4.72M in 1995 to $77.5M in 2022.

Exports from Hong Kong (Flag) to Lithuania (Flag) (2022)

Exports from Lithuania (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Lithuania (Flag)

Hong Kong Exports

Lithuania Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Lithuania
Top Destination
Latvia$6.18B

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

In 2021, countries that imported more from Hong Kong than Lithuania were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Lithuania than Hong Kong were Latvia ($6.18B), Poland ($3.91B), and Estonia ($2.27B).

Difference in imports from Lithuania (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Lithuania

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Lithuania in the exports of Machines ($42.8M), Metals ($5.99M), and Instruments ($5.24M).

During 2022, Lithuania had a large net trade with Hong Kong in the exports of Machines ($30.2M), Chemical Products ($12.2M), and Plastics and Rubbers ($5.27M).

Service Trade

Bilateral Service Trade

In 2020, Lithuania exported services to Hong Kong worth $8.91M, with Transportation ($5.03M), Other business services ($1.71M), and Computer and information services ($1.48M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Product Space of Hong Kong (Flag) and Lithuania (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with