By total GDP volume, Lithuania positions as the 84th economy in the world. The country also ranks as:
- 66th product export economy
- 51st service export economy
The total export volume in Lithuania for the past measured year was $41.5 billion, with a $39.22 billion import total.
This left Lithuania with a positive trade balance of $2.28 billion.
Lithuania's Top 5 Commodity Exports
Lithuania's five most exported commodities are:
- Refined Petroleum $4.2 billion
- Rolled Tobacco $920 million
- Wheat $532 million
- Scrap Iron $338 million
- Sawn Wood $267 million
Other Notable Exports
- Other Furniture – $1.44 billion
- Polyacetals – $651 million
- Packaged Medicaments – $586 million
- Seats $501 million
- Laboratory Reagents $460 million
Here is an overview of Lithuania's overall gross-domestic-produce statistics and how it they rank 84th in the world:
- GDP Growth: 11.7% (2008-2018)
- GDP Total: $53.4bn
- GDP Per Capita: $19,153
The $19,153 GDP per-capita puts Lithuania 50th out of 196 world economies.
Lithuania's Top 5 Commodity Imports
The five most imported commodities to Lithuania are:
- Crude Petroleum – $3.5 billion
- Refined Petroleum – $771 million
- Petroleum Gas – $622 million
- Non-fillet Fresh Fish – $421 million
- Sawn Wood – $246 million
Other Notable Imports
It is worth considering that the overall oil and mineral fuels statistic is responsible for the below crude petroleum and refined petroleum figures.
- Cars – $1.2 billion
- Packaged Medicaments – $931 million
- Tractors – $676 million
- Broadcasting Equipment – $646 million
- Trailers – $467 million
More Information on Exports/Imports
Below we list the highest imported and exported product categories, as well as the countries with who Lithuania trades with the most.
Export & Import Distribution by Product Categories
Lithuania's most exported product categories are:
- Machines – $4.83 billion
- Mineral Products – $4.72 billion
- Chemical Products – $3.66 billion
- Miscellaneous (products like furniture, seats, mattresses, pre-built homes) – $2.67 billion
- Foodstuffs – $2.95 billion
The most imported product categories are:
- Machines – $6.01 billion
- Mineral Products- $5.44 billion
- Chemical Products – $4 billion
- Transportation – $3.79 billion
- Metals – $2.44 billion
Export & Import Distribution by Destination Country & Origin
The most popular destinations for Lithuanian export products are:
Meanwhile, the countries of origin from which Lithuania imports the most produce from are:
Sources & Further Reading
Our data was collected from:
- OEC – Economic overview, GDP stats, trading countries
- GlobalEdge – Individual commodity export-import data
Additional Commodity Resources
If you'd like to learn more about Lithuania's most abundant commodities and where to trade them, see our pages on:
- Crude Oil Trading – Learn about the value of crude oil and why people trade it
- Iron Ore Trading – Learn about iron ore, it's price, and how you can trade it
- Steel Trading – Gain insight on the value of steel and it's popularity among traders
- Other Precious Metals – Gold, Silver, Palladium, Platinum, and more
Neighbouring Economic Profiles & Debt Clocks
Alongside the economic profiles of Lithuania's most traded countries, we have live debt clocks for some of it's neighbouring countries:
Debt clocks can be a useful metric to determine a nation's economic health.
All currency is reported in US dollars.
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