Lithuania

Lithuania

Global Trade Profile β€’ Rank #63 Exporter

$42.98B

Total Exports (2023)

$46.52B

Total Imports (2023)

$3.54B

Trade Deficit

#63

Export Ranking

Trade Flow Visualization

Interactive map showing Lithuania's top trading partners. Green lines represent exports, red lines represent imports.

#63

Export Rank

$42.98B

Total Exports

$46.52B

Total Imports

-$3.54B

Trade Balance

24

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Petroleum oils and oils from bituminous minerals, ...
12.1%$5.20B
#2Cereals: wheat and meslin, other than durum wheat,...
2.5%$1.08B
#3Furniture: wooden, other than for office, kitchen ...
2.2%$925.33M
#4Cigarettes: containing tobacco
1.9%$801.13M
#5Petroleum gases and other gaseous hydrocarbons: in...
1.7%$717.23M
#6Reagents: diagnostic or laboratory reagents on a b...
1.5%$641.92M
#7Medicaments: consisting of mixed or unmixed produc...
1.5%$628.02M
#8Poly(ethylene terephthalate): in primary forms, ha...
1.2%$498.23M
#9Cereals: wheat and meslin, durum wheat, other than...
1.0%$447.62M
#10Furniture: parts
1.0%$432.09M

πŸ“₯ Top Import Sources

Top Import Products

#1Oils: petroleum oils and oils obtained from bitumi...
11.2%$5.20B
#2Petroleum gases and other gaseous hydrocarbons: li...
3.6%$1.66B
#3Medicaments: consisting of mixed or unmixed produc...
2.5%$1.18B
#4Electrical energy
2.0%$941.07M
#5Tractors: road, for semi-trailers
1.9%$869.58M
#6Telephones for cellular networks or for other wire...
1.7%$795.69M
#7Petroleum oils and oils from bituminous minerals, ...
1.6%$736.56M
#8Vehicles: with only spark-ignition internal combus...
1.4%$658.83M
#9Vehicles: with only compression-ignition internal ...
0.9%$422.06M
#10Fish: fresh or chilled, Atlantic salmon (Salmo sal...
0.7%$325.19M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Lithuania Trade Analysis 2023

πŸ“Š Overview

#63
Global Export Rank
89.50B
Total Trade Volume
0.45%
Share of Global Trade

Lithuania stands as the world's #63 largest exporter and #60 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 3.54 billion, reflecting import dependencies for growth.

42.98B
Total Exports
46.52B
Total Imports
0.92
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $7.46B, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

Latvia
Poland
Germany
Netherlands
Russian Federation
Others

Export Market Concentration

11.6%$5.00B
8.4%$3.61B
6.9%$2.96B
6.0%$2.59B
5.1%$2.20B
4.3%$1.84B
13 others
31.3%$13.47B

Export concentration shows Latvia as the dominant market at 11.6%. The top three markets control 26.9% of exports.

38.3%
Top 5 Markets
58.9%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (USA, Belarus, Estonia) provide $8.85B in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

13.0%$6.04B
12.9%$6.00B
8.1%$3.75B
6.6%$3.05B
5.2%$2.42B
4.8%$2.22B
4.7%$2.17B
13 others
32.6%$15.18B

Lithuania relies heavily on Germany for imports (13.0%),maintaining balanced sourcing.

Energy suppliers including Norway (2.22B), Saudi Arabia (2.17B) collectively provide 4.40 billion or 9.5% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 1.91 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 3.05 billion (6.6%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 67.0% of total imports, with the remaining 33% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (6.04B), Netherlands (2.42B), Italy (1.63B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with emerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

preparations n.e.c. containing by weight 70% or mo...
12.1%$5.20B
wheat and meslin, other than durum wheat, other th...
2.5%$1.08B
wooden, other than for office, kitchen or bedroom ...
2.2%$925.33M
containing tobacco
1.9%$801.13M
in gaseous state, natural gas...
1.7%$717.23M
3 others
4.1%$1.77B

Lithuania's export economy centers on diversified industrial production, with the leading export being preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous mineralsat $5.20 billion, accounting for 12.1% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 647.76 million or 1.5% of exports, encompassing 2 distinct product categories. Electronics, semiconductors, and machinery contribute 285.45 million or 0.7% of exports.

The automotive sector's dominance is evident in the export portfolio, with with only compression-ignition internal combustion... (334.38M). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 2 categories specifically related to alternative propulsion systems, totaling $649.33M.

Beyond automotive, Lithuania maintains strong positions in specialized equipment, electronic components (285.45M), and Petroleum oils and oils from bituminous minerals, not crude, Cereals, Furniture.

The top 20 export products collectively account for 34.2% of total exports, revealing healthy product diversification across multiple sectors.

πŸ›’ Import Products

Top Import Products

petroleum oils and oils obtained from bituminous m...
11.2%$5.20B
liquefied, natural gas...
3.6%$1.66B
consisting of mixed or unmixed products n.e.c. in ...
2.5%$1.18B
Electrical energy
2.0%$941.07M
road, for semi-trailers
1.9%$869.58M
3 others
4.7%$2.19B

Energy dominates Lithuania's import profile, with fossil fuels accounting for 8.53 billion or 18.3% of total imports. Crude oil leads at 5.20 billion (11.2%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $8.53B account for 18.3% of all imports, making Lithuania vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include consisting of mixed or unmixed products ... (1.18B, 2.5%), road, for semi-trailers (869.58M, 1.9%), Telephones for cellular networks or for ... (795.69M, 1.7%), with only spark-ignition internal combus... (658.83M, 1.4%), with only compression-ignition internal ... (422.06M, 0.9%).Electronic components and devices total 1.25 billion (2.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 1.18 billion (2.5%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Lithuania's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (9 : 11among top 20 products) indicates balanced import composition. Import substitution potential exists in chemicals and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 11 primary products to 8 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

-3.54 billion
Trade Deficit β€’ 3.95% of total trade
PartnerExportsImportsBalance
Poland$3.61B$6.00B$-2.39B
Germany$2.96B$6.04B$-3.08B
Latvia$5.00B$3.75B+$1.25B
USA$2.20B$3.05B$-855.11M
Netherlands$2.59B$2.42B+$165.39M

Export-to-import ratio of 0.924 means exports cover 92.4% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Poland$3.61B$6.00B$-2.39B
Germany$2.96B$6.04B$-3.08B
Latvia$5.00B$3.75B+$1.25B
USA$2.20B$3.05B$-855.11M
Netherlands$2.59B$2.42B+$165.39M
Estonia$1.72B$1.75B$-27.19M
Norway$1.20B$2.22B$-1.02B
Sweden$1.44B$1.84B$-397.72M
Total$20.72B$27.08B$-6.36B

The Lithuania-Poland relationship leads at 9.61 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include Latvia (8.75B total trade), USA (5.25B total trade), Netherlands (5.01B total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”52.96B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Lithuania as the #63 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.430%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Lithuania's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inpreparations n.e.c. conta, wheat and meslin, other t, wooden, other than for of. The revealed comparative advantage is strongest in product categories representing16.8% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 3.54B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Ukraine, Norway, Denmark, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Lithuania's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Lithuania's position as the world's #63 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026