Lithuania / Sweden

Lithuania-Sweden Trade: In 2022, Lithuania exported $1.79B to Sweden. The main products that Lithuania exported to Sweden were Other Furniture ($211M), Seats ($112M), and Rolled Tobacco ($84.4M). Over the past 5 years the exports of Lithuania to Sweden have increased at an annualized rate of 5.06%, from $1.4B in 2017 to $1.79B in 2022.

In 2020, Lithuania exported services to Sweden worth $545M, with Transportation ($195M), Construction services ($130M), and Other business services ($125M) being the largest in terms of value.

Sweden-Lithuania Trade: In 2022, Sweden exported $2.49B to Lithuania. The main products that Sweden exported to Lithuania were Electricity ($976M), Non-fillet Fresh Fish ($232M), and Refined Petroleum ($213M). Over the past 5 years the exports of Sweden to Lithuania have increased at an annualized rate of 17.9%,  from $1.09B in 2017 to $2.49B in 2022.

In 2020, Sweden exported services to Lithuania worth $167M, with Other business services ($57.9M), Transportation ($29M), and Travel ($17.6M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).