Lithuania-Russian Federation Bilateral Trade Analysis 2023
Complete trade statistics: $2.32B total volume •Lithuania surplus: $2.32B
Lithuania → Russian Federation
$2.32B
Exports (2023)
Russian Federation → Lithuania
$0
Imports (2023)
Trade Balance
$2.32B
Surplus for Lithuania
Total Trade
$2.32B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Lithuania and Russian Federation. 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-Russian Federation commercial relationship and competitive positioning in global markets.
Lithuania → Russian Federation Exports
Export Market Intelligence
🎯 Strategic Export Focus
Lithuania's export portfolio to Russian Federation demonstrates strategic specialization, with perfumes and toilet waters representing a key competitive advantage in this bilateral market.
Russian Federation → Lithuania Imports
Import Dependency Profile
📦 Import Strategy Analysis
Lithuania's import pattern from Russian Federation reveals significant dependencyin oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Lithuania demonstrates competitive strength in exportingperfumes and toilet waters to Russian Federation, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $2.32B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Lithuania-Russian Federation Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $2.32 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Lithuania maintains a surplus of $2.32 billion
- Export Focus: Lithuania's primary exports include perfumes and toilet waters, wine: still, in containers holding 2 litres or less, cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
- Import Dependencies: Key imports from Russian Federation include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils, ammonia: anhydrous, fish: frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
Strategic Trade Indicators
📈 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 $2.32B 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 perfumes and toilet waters.
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
Comparative Advantage
Lithuania's specialization in perfumes and toilet waterscomplements Russian Federation's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $2.32B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $2.32B 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
Trade Volume Impact
The $2.32 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in perfumes and toilet waters and oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Lithuania's trade surplus of $2.32 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic 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 Russian Federation represents a total trade volume of $2.32 billion in 2023. This partnership demonstrates a favorable trade balance for Lithuania, with exports exceeding importsby $2.32 billion.
Export Strengths
Lithuania's exports to Russian Federation total $2.32 billion, with competitive advantages in perfumes and toilet waters, representing $165.13M or7.1% of bilateral exports.
Import Dependencies
Imports from Russian Federation amount to $0.00, highlighting economic interdependence in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils, with Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oils comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Lithuania's competitive position in this bilateral relationship. 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.
Download Bilateral Trade Data
Access detailed trade data between Lithuania and Russian Federation in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023