2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

China-Luxembourg Trade: In 2022, China exported $690M to Luxembourg. The main products that China exported to Luxembourg were Refined Petroleum ($98.1M), Broadcasting Equipment ($64.9M), and Computers ($40.2M). Over the past 5 years the exports of China to Luxembourg have increased at an annualized rate of 0.53%, from $672M in 2017 to $690M in 2022.

In 2022, China did not export any services to Luxembourg.

Luxembourg-China Trade: In 2022, Luxembourg exported $293M to China. The main products that Luxembourg exported to China were Non-woven Textiles ($60.1M), Copper Foil ($45.6M), and Valves ($28.4M). Over the past 5 years the exports of Luxembourg to China have increased at an annualized rate of 1.77%,  from $264M in 2017 to $293M in 2022.

In 2020, Luxembourg exported services to China worth $809M, with Transportation ($686M), Other business services ($115M), and Travel ($6.85M) being the largest in terms of value.

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $690M to Luxembourg. The main products exported from China to Luxembourg were Refined Petroleum ($98.1M), Broadcasting Equipment ($64.9M), and Computers ($40.2M). During the last 5 years the exports of China to Luxembourg have increased at an annualized rate of 0.53%, from $672M in 2017 to $690M in 2022.

In 2017, Luxembourg exported $293M to China. The main products exported from Luxembourg to China were Non-woven Textiles ($60.1M), Copper Foil ($45.6M), and Valves ($28.4M). During the last 5 years the exports of Luxembourg to China have increased at an annualized rate of 1.77%, from $264M in 2022 to $293M in 2017.

Exports from China (Flag) to Luxembourg (Flag) (2022)

Exports from Luxembourg (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
United States$551B
Luxembourg
Top Destination
Germany$4.15B

This map shows whether countries import more from China or Luxembourg. Each country is colored based on the difference in imports they receive from China and Luxembourg or the difference in the growth in imports.

In 2022, countries that imported more from China than Luxembourg included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Luxembourg than China included Guam ($146k), Saint Martin ($107k), and Northern Mariana Islands ($1.19k).

Difference in imports from Luxembourg (Flag) and China (Flag) (2022)

Comparative Advantage China - Luxembourg

Flow
Scale

This chart compares trade between China and Luxembourg by product, considering products traded by both, China and Luxembourg.

During 2022, China had a large net trade with Luxembourg in the exports of Machines ($308M), Mineral Products ($98.2M), and Metals ($51.3M).

During 2017, Luxembourg had a large net trade with China in the exports of Machines ($91M), Metals ($83.6M), and Textiles ($66.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Luxembourg+N/AN/A
Top Product Potential Luxembourg China+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Luxembourg exported services to China worth $809M, with Transportation ($686M), Other business services ($115M), and Travel ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg (Flag) to China (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Luxembourg. This means that a dot/product with the flag of China indicates it has a comparative advantage over Luxembourg. Similarly, a dot/product with the flag of Luxembourg indicates it has a comparative advantage over China.

Product Space of China (Flag) and Luxembourg (Flag) (2022)

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