2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$82.3BCURRENT US$
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2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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About

Spain-Luxembourg In 2022, Spain exported $389M to Luxembourg. The main products that Spain exported to Luxembourg are Cars ($58.4M), Float Glass ($13M), and Vinyl Chloride Polymers ($12M). During the last 23 years the exports of Spain to Luxembourg have increased at an annualized rate of 4.33%, from $147M in 1999 to $389M in 2022.

In 2009, Spain exported services to Luxembourg worth $1.58B, with Services not allocated ($1.11B), Travel ($386M), and Transportation ($86.4M) being the largest in terms of value.

Luxembourg-Spain In 2022, Luxembourg exported $607M to Spain. The main products that Luxembourg exported to Spain were Refined Copper ($31.7M), Rubber Tires ($31.1M), and Coated Flat-Rolled Iron ($27.6M). During the last 23 years the exports of Luxembourg to Spain have increased at an annualized rate of 4.09%, from $242M in 1999 to $607M in 2022.

In 2020, Luxembourg exported services to Spain worth $1.94B, with Other business services ($1.86B), Transportation ($69.7M), and Travel ($14.8M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). 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, Spain exported $389M to Luxembourg. The main products exported from Spain to Luxembourg were Cars ($58.4M), Float Glass ($13M), and Vinyl Chloride Polymers ($12M). During the last 23 years the exports of Spain to Luxembourg have increased at an annualized rate of 4.33%, from $147M in 1999 to $389M in 2022.

In 2022, Luxembourg exported $607M to Spain. The main products exported from Luxembourg to Spain were Refined Copper ($31.7M), Rubber Tires ($31.1M), and Coated Flat-Rolled Iron ($27.6M). During the last 23 years the exports of Luxembourg to Spain have increased at an annualized rate of 4.09%, from $242M in 1999 to $607M in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Luxembourg
Top Destination
Germany$4.15B

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

In 2021, countries that imported more from Spain than Luxembourg were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Luxembourg than Spain were Kiribati ($26.8k).

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

Comparative Advantage Spain - Luxembourg

Flow
Scale

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

During 2022, Spain had a large net trade with Luxembourg in the exports of Transportation ($84.9M), Plastics and Rubbers ($44.2M), and Metals ($44.2M).

During 2022, Luxembourg had a large net trade with Spain in the exports of Metals ($172M), Plastics and Rubbers ($99.1M), and Machines ($71.8M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Luxembourg worth $1.58B, with Services not allocated ($1.11B), Travel ($386M), and Transportation ($86.4M) being the largest in terms of value.

In 2020, Luxembourg exported services to Spain worth $1.94B, with Other business services ($1.86B), Transportation ($69.7M), and Travel ($14.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Luxembourg (Flag) (2009)

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Spain.

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

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