2022
Flag  
GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Lithuania-Netherlands Trade: In 2022, Lithuania exported $2.58B to Netherlands. The main products that Lithuania exported to Netherlands were Refined Petroleum ($400M), Rolled Tobacco ($273M), and Other Plastic Products ($211M). Over the past 5 years the exports of Lithuania to Netherlands have increased at an annualized rate of 19.4%, from $1.07B in 2017 to $2.58B in 2022.

In 2020, Lithuania exported services to Netherlands worth $685M, with Transportation ($485M), Other business services ($127M), and Construction services ($34.6M) being the largest in terms of value.

Netherlands-Lithuania Trade: In 2022, Netherlands exported $2.27B to Lithuania. The main products that Netherlands exported to Lithuania were Refined Petroleum ($161M), Polycarboxylic Acids ($98.2M), and Packaged Medicaments ($69.7M). Over the past 5 years the exports of Netherlands to Lithuania have increased at an annualized rate of 10%,  from $1.41B in 2017 to $2.27B in 2022.

In 2020, Netherlands exported services to Lithuania worth $321M, with Transportation ($130M), Other business services ($78M), and Travel ($60.9M) being the largest in terms of value.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lithuania exported $2.58B to Netherlands. The main products exported from Lithuania to Netherlands were Refined Petroleum ($400M), Rolled Tobacco ($273M), and Other Plastic Products ($211M). During the last 5 years the exports of Lithuania to Netherlands have increased at an annualized rate of 19.4%, from $1.07B in 2017 to $2.58B in 2022.

In 2017, Netherlands exported $2.27B to Lithuania. The main products exported from Netherlands to Lithuania were Refined Petroleum ($161M), Polycarboxylic Acids ($98.2M), and Packaged Medicaments ($69.7M). During the last 5 years the exports of Netherlands to Lithuania have increased at an annualized rate of 10%, from $1.41B in 2022 to $2.27B in 2017.

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

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

Latest Data

Trade between Lithuania (Flag) and Netherlands (Flag)

Lithuania Exports

Netherlands Exports

Market Competitiveness

Color
Lithuania
Top Destination
Latvia$6.18B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Lithuania than Netherlands included Latvia ($6.18B), Belarus ($1.5B), and Estonia ($2.27B).

In 2022, countries that imported more from Netherlands than Lithuania included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Lithuania - Netherlands

Flow
Scale

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

During 2022, Lithuania had a large net trade with Netherlands in the exports of Mineral Products ($430M), Foodstuffs ($365M), and Chemical Products ($340M).

During 2017, Netherlands had a large net trade with Lithuania in the exports of Machines ($487M), Chemical Products ($436M), and Vegetable Products ($261M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lithuania Netherlands+$96.6MRefined Petroleum
Top Product Potential Netherlands Lithuania+$32.8MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Lithuania exported services to Netherlands worth $685M, with Transportation ($485M), Other business services ($127M), and Construction services ($34.6M) being the largest in terms of value.

In 2020, Netherlands exported services to Lithuania worth $321M, with Transportation ($130M), Other business services ($78M), and Travel ($60.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lithuania and Netherlands. This means that a dot/product with the flag of Lithuania indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Lithuania.

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

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