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2023
Flag → Flag
Exports $495MRnk 66 / 220
2023
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Top Product $113MCars
2023
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Exports $562MRnk 9 / 191
2023
Flag → Flag
Top Product $42.3MRubber Tires
2023
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Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
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GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
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GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
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GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Spain-Luxembourg Trade: In 2023, Spain exported $495M to Luxembourg. The main products that Spain exported to Luxembourg were Cars ($113M), Self-Propelled Rail Transport ($35.8M), and Delivery Trucks ($14.1M). Over the past 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 7.31%, from $348M in 2018 to $495M in 2023.

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 Trade: In 2023, Luxembourg exported $562M to Spain. The main products that Luxembourg exported to Spain were Rubber Tires ($42.3M), Coated Flat-Rolled Iron ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($28.6M). Over the past 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 0.23%,  from $555M in 2018 to $562M in 2023.

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 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €33.5M and imported €37.6M from Luxembourg, resulting in a negative trade balance of €4.12M. Between November 2023 and November 2024 the exports of Spain have decreased by €-13.8M (-29.2%) from €47.3M to €33.5M, while imports decreased by €-1.57M (-4%) from €39.2M to €37.6M.

Trade In November 2024, the top exports of Spain to Luxembourg were Cars (€8.38M), Computers (€1.25M), Scrap Aluminium (€795k), Non-Knit Women's Suits (€627k), and Other Coloring Matter (€606k). In November 2024 the top imports of Spain from Luxembourg were Coated Flat-Rolled Iron (€3.21M), Iron Blocks (€2.54M), Motor vehicles; parts and accessories (8701... (€2.4M), Rubber Tires (€2.01M), and Self-adhesive Plastics (€1.95M).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€10.5M), A Coruña (€2.96M), Ciudad Real (€2.41M), Valencia (€2.14M), and Madrid (€1.91M), while imports destinations were mainly Madrid (€10.6M), Barcelona (€9.32M), Valencia (€2.86M), Guipúzcoa (€2.33M), and Navarra (€1.86M).

Growth In November 2024, the decrease in Spain's year-by-year exports to Luxembourg was explained primarily by an decrease in product exports in Buses (€-1.11M or -86.1%), Integrated Circuits (€-801k or -99.7%), and Aircraft parts for spacecraft, UAVs, and... (€-394k or -98.3%). In November 2024, the decrease in Spain's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Raw Zinc (€-1.08M or -92.1%), Wood Fiberboard (€-705k or -51%), and Other Iron Products (€-632k or -74.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-13.8M(-29.2%)
IMPORT GROWTH (November 2023 - November 2024)€-1.57M(-4%)
MAIN EXPORTER (November 2024)Barcelona€10.5M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Luxembourg and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $495M to Luxembourg. The main products exported from Spain to Luxembourg were Cars ($113M), Self-Propelled Rail Transport ($35.8M), and Delivery Trucks ($14.1M). During the last 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 7.31%, from $348M in 2018 to $495M in 2023.

In 2018, Luxembourg exported $562M to Spain. The main products exported from Luxembourg to Spain were Rubber Tires ($42.3M), Coated Flat-Rolled Iron ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($28.6M). During the last 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 0.23%, from $555M in 2023 to $562M in 2018.

Exports from Spain (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Luxembourg
Top DestinationGermany$3.42B

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 2023, countries that imported more from Spain than Luxembourg included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

In 2023, countries that imported more from Luxembourg than Spain included Hong Kong ($960M), Oman ($290M), and British Virgin Islands ($39.8M).

Difference in imports from Luxembourg (Flag) and Spain (Flag) (2023)

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 2023, Spain had a large net trade with Luxembourg in the exports of Transportation ($190M), Metals ($44.3M), and Machines ($42.8M).

During 2018, Luxembourg had a large net trade with Spain in the exports of Metals ($142M), Plastics and Rubbers ($94.8M), and Foodstuffs ($62.3M).

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)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Luxembourg (Flag) (2023)

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