2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%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 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%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

Romania-Lithuania Trade: In 2022, Romania exported $224M to Lithuania. The main products that Romania exported to Lithuania were Processed Tobacco ($46.3M), Other Small Iron Pipes ($13.3M), and Packaged Medicaments ($11.6M). Over the past 5 years the exports of Romania to Lithuania have increased at an annualized rate of 19.9%, from $90.6M in 2017 to $224M in 2022.

In 2020, Romania exported services to Lithuania worth $37.7M, with Transportation ($24.6M), Other business services ($4.45M), and Computer and information services ($3.31M) being the largest in terms of value.

Lithuania-Romania Trade: In 2022, Lithuania exported $286M to Romania. The main products that Lithuania exported to Romania were Other Furniture ($32.7M), Electrical Control Boards ($24.4M), and Frozen Bovine Meat ($19.3M). Over the past 5 years the exports of Lithuania to Romania have increased at an annualized rate of 8.12%,  from $104M in 2017 to $286M in 2022.

In 2020, Lithuania exported services to Romania worth $21.6M, with Transportation ($12.4M), Other business services ($3.66M), and Travel ($2.28M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $224M to Lithuania. The main products exported from Romania to Lithuania were Processed Tobacco ($46.3M), Other Small Iron Pipes ($13.3M), and Packaged Medicaments ($11.6M). During the last 5 years the exports of Romania to Lithuania have increased at an annualized rate of 19.9%, from $90.6M in 2017 to $224M in 2022.

In 2017, Lithuania exported $286M to Romania. The main products exported from Lithuania to Romania were Other Furniture ($32.7M), Electrical Control Boards ($24.4M), and Frozen Bovine Meat ($19.3M). During the last 5 years the exports of Lithuania to Romania have increased at an annualized rate of 8.12%, from $104M in 2022 to $286M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Lithuania (Flag)

Romania Exports

Lithuania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Lithuania
Top Destination
Latvia$6.18B

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

In 2022, countries that imported more from Romania than Lithuania included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Lithuania than Romania included Latvia ($6.18B), Russia ($2.88B), and Estonia ($2.27B).

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

Comparative Advantage Romania - Lithuania

Flow
Scale

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

During 2022, Romania had a large net trade with Lithuania in the exports of Foodstuffs ($59M), Machines ($34.4M), and Metals ($33.1M).

During 2017, Lithuania had a large net trade with Romania in the exports of Machines ($72.8M), Miscellaneous ($40.9M), and Animal Products ($33.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Lithuania+$6.23MCars
Top Product Potential Lithuania Romania+$7.69MOther Furniture

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, Romania exported services to Lithuania worth $37.7M, with Transportation ($24.6M), Other business services ($4.45M), and Computer and information services ($3.31M) being the largest in terms of value.

In 2020, Lithuania exported services to Romania worth $21.6M, with Transportation ($12.4M), Other business services ($3.66M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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