Lithuania-Germany Bilateral Trade Analysis 2023

Complete trade statistics: $9.00B total volume โ€ขLithuania deficit: $3.08B

Lithuania โ†’ Germany

$2.96B

Exports (2023)

Germany โ†’ Lithuania

$6.04B

Imports (2023)

Trade Balance

$3.08B

Deficit for Lithuania

Total Trade

$9.00B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Lithuania and Germany. Green line shows exports from Lithuania, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Lithuania-Germany commercial relationship and competitive positioning in global markets.

Lithuania โ†’ Germany Exports

$2.96B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
3.5% top product
1Furniture: wooden, other than for office, kitchen or bedroom use
$104.15M
3.5% of exports
2Fish: smoked, whether or not cooked before or during smoking, salmon, Pacific (Oncorhynchus nerka, gorbuscha, keta, tschawytscha, kisutch, masou, rhodurus), Atlantic (Salmo salar) and Danube (Hucho hucho), includes fillets, but excludes edible fish offal
$77.31M
2.6% of exports
3Oil seeds: low erucic acid rape or colza seeds, whether or not broken
$72.71M
2.5% of exports
4Fish preparations: salmon, prepared or preserved, whole or in pieces (but not minced)
$59.69M
2.0% of exports
5Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$59.48M
2.0% of exports
6Furniture: parts
$59.45M
2.0% of exports
7Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$43.06M
1.5% of exports
8Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts
$42.97M
1.5% of exports
9Cigarettes: containing tobacco
$40.35M
1.4% of exports
10Iron or steel: structures and parts thereof, n.e.c. in heading 7308
$40.24M
1.4% of exports

๐ŸŽฏ Strategic Export Focus

Lithuania's export portfolio to Germany demonstrates strong diversification across multiple sectors, with furniture: wooden, other than for office, kitchen or bedroom use representing a key competitive advantage in this bilateral market.

Germany โ†’ Lithuania Imports

$6.04B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
4.5% concentration
1Tractors: road, for semi-trailers
$272.88M
4.5% of imports
2Trailers and semi-trailers: (other than tanker type)
$220.50M
3.6% of imports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$201.73M
3.3% of imports
4Telephones for cellular networks or for other wireless networks
$186.65M
3.1% of imports
5Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles
$183.14M
3.0% of imports
6Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$123.04M
2.0% of imports
7Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$116.29M
1.9% of imports
8Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc
$82.52M
1.4% of imports
9Tractors: n.e.c. in heading no 8701 (other than tractors of heading no 8709): of an engine power exceeding 130kW
$65.42M
1.1% of imports
10Electronic integrated circuits: n.e.c. in heading no. 8542
$60.26M
1.0% of imports

๐Ÿ“ฆ Import Strategy Analysis

Lithuania's import pattern from Germany reveals significant dependencyin tractors: road, for semi-trailers, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Lithuania demonstrates competitive strength in exportingfurniture: wooden, other than for office, kitchen or bedroom use to Germany, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $9.00B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Lithuania-Germany Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $9.00 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Lithuania maintains a deficit of $3.08 billion
  • Export Focus: Lithuania's primary exports include furniture: wooden, other than for office, kitchen or bedroom use, fish: smoked, whether or not cooked before or during smoking, salmon, pacific (oncorhynchus nerka, gorbuscha, keta, tschawytscha, kisutch, masou, rhodurus), atlantic (salmo salar) and danube (hucho hucho), includes fillets, but excludes edible fish offal, oil seeds: low erucic acid rape or colza seeds, whether or not broken
  • Import Dependencies: Key imports from Germany include tractors: road, for semi-trailers, trailers and semi-trailers: (other than tanker type), medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $9.00B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Lithuania leveraging its comparative advantages in furniture: wooden, other than for office, kitchen or bedroom use.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Lithuania's specialization in furniture: wooden, other than for office, kitchen or bedroom usecomplements Germany's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in tractors: road, for semi-trailers.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $9.00B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $9.00B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $9.00 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
๐Ÿญ

Industrial Integration

Trade flows in furniture: wooden, other than for office, kitchen or bedroom use and tractors: road, for semi-trailers demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Lithuania's trade deficit of $3.08 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fish: smoked, whether or not cooked before or during smoking, salmon, pacific (oncorhynchus nerka, gorbuscha, keta, tschawytscha, kisutch, masou, rhodurus), atlantic (salmo salar) and danube (hucho hucho), includes fillets, but excludes edible fish offal present expansion opportunities.
Market Diversification
Beyond current focus on tractors: road, for semi-trailers, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in furniture: wooden, other than for office, kitchen or bedroom use may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Lithuania and Germany represents a total trade volume of $9.00 billion in 2023. This partnership demonstrates an unfavorable trade balance for Lithuania, with imports exceeding exportsby $3.08 billion.

Export Strengths

Lithuania's exports to Germany total $2.96 billion, with competitive advantages in furniture: wooden, other than for office, kitchen or bedroom use, representing $104.15M or3.5% of bilateral exports.

Import Dependencies

Imports from Germany amount to $6.04 billion, highlighting economic interdependence in tractors: road, for semi-trailers, with Tractors: road, for semi-trailers comprising4.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Lithuania's strategic sourcing from Germany. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023