Trade Overview

Lithuania is one of the Baltic states, situated along the southeastern shore of the Baltic Sea. Lithuania has a population of about 2.87 million people, and its capital and largest city is Vilnius. Lithuania’s GDP was $77.84 billion in 2023 with GDP per capita equaling $27,107. Lithuania is a member of the European Union, the Council of Europe, NATO and the OECD. The UN’s Human Development Index lists Lithuania as a “very high human development country”. World Bank

U.S. – Lithuania

U.S. exports to Lithuania totaled $2.88 billion in 2023, the largest amount in recent years. $1.05 billion was made up of oil and gas, while $426 million of the total was made up by used or second-hand merchandise. This was followed by transportation equipment ($521 million), chemicals ($145 million), and fish & other marine products ($110 million).

U.S. imports from Lithuania totaled $2.1 billion in 2023. Petroleum and coal accounted for $807 million of the total. Other imports from Lithuania included $404 million worth of chemicals, $197 million of furniture and fixtures, $118 million of computer and electronic products, and $79 million of electrical equipment, appliances and components.

California – Lithuania Trade

California exported $262 million worth of goods to Lithuania in 2023, an 18.5% increase from 2022. Used or secondhand merchandise made up $86 million of the total, with transportation equipment following at $80 million. This was followed by agricultural products ($44 million), chemicals ($18 million), chemicals ($31 million), and computer and electronic products ($11 million).

California imported $216 million worth of goods from Lithuania in 2023. $92 million of the total was made up of chemicals, followed by $37 million of petroleum and coal products. Other top import categories included, furniture and fixtures ($30 million), computers and electronic products ($16 million), and processed foods ($8 million).

FDI- Lithuania

U.S. foreign direct investment into Lithuania totaled $256 million in 2023, while Lithuanian FDI into the U.S. totaled $60 million an almost 161% rise from 2022. (BEA).

CalChamber Resources

• American Chamber of Commerce, Lithuania
• Consulate General of the Republic of Lithuania, LA
• International Trade FAQs
  • Obtaining a Certificate of Origin
  • Setting up a Business in California
  • Country Studies – Foreign Market Sources