2022
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GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%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 
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%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

Italy-Lithuania In 2022, Italy exported $1.59B to Lithuania. The main products that Italy exported to Lithuania are Packaged Medicaments ($64.2M), Cars ($55M), and Other Small Iron Pipes ($48.1M). During the last 27 years the exports of Italy to Lithuania have increased at an annualized rate of 10.1%, from $119M in 1995 to $1.59B in 2022.

In 2020, Italy exported services to Lithuania worth $157M, with Transportation ($70.2M), Travel ($52.8M), and Other business services ($25M) being the largest in terms of value.

Lithuania-Italy In 2022, Lithuania exported $934M to Italy. The main products that Lithuania exported to Italy were Cheese ($147M), Fish: dried, salted, smoked or in brine ($83.4M), and Other Furniture ($69.6M). During the last 27 years the exports of Lithuania to Italy have increased at an annualized rate of 9.85%, from $73.9M in 1995 to $934M in 2022.

In 2020, Lithuania exported services to Italy worth $372M, with Transportation ($343M), Travel ($14.8M), and Other business services ($7.31M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $1.59B to Lithuania. The main products exported from Italy to Lithuania were Packaged Medicaments ($64.2M), Cars ($55M), and Other Small Iron Pipes ($48.1M). During the last 27 years the exports of Italy to Lithuania have increased at an annualized rate of 10.1%, from $119M in 1995 to $1.59B in 2022.

In 2022, Lithuania exported $934M to Italy. The main products exported from Lithuania to Italy were Cheese ($147M), Fish: dried, salted, smoked or in brine ($83.4M), and Other Furniture ($69.6M). During the last 27 years the exports of Lithuania to Italy have increased at an annualized rate of 9.85%, from $73.9M in 1995 to $934M in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Lithuania
Top Destination
Latvia$6.18B

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

In 2021, countries that imported more from Italy than Lithuania were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Lithuania

Flow
Scale

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

During 2022, Italy had a large net trade with Lithuania in the exports of Machines ($373M), Chemical Products ($176M), and Metals ($157M).

During 2022, Lithuania had a large net trade with Italy in the exports of Animal Products ($271M), Miscellaneous ($87.4M), and Wood Products ($85.9M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Lithuania worth $157M, with Transportation ($70.2M), Travel ($52.8M), and Other business services ($25M) being the largest in terms of value.

In 2020, Lithuania exported services to Italy worth $372M, with Transportation ($343M), Travel ($14.8M), and Other business services ($7.31M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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