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2022
Flag → Flag
Exports $389MRnk 71 / 218
2022
Flag → Flag
Top Product $58.4MCars
2022
Flag → Flag
Exports $607MRnk 8 / 196
2022
Flag → Flag
Top Product $31.7MRefined Copper
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
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GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$126,426CURRENT US$
Rnk 1 / 186
2012-2022
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GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186

About

Spain-Luxembourg Trade: In 2022, Spain exported $389M to Luxembourg. The main products that Spain exported to Luxembourg were Cars ($58.4M), Float Glass ($13M), and Vinyl Chloride Polymers ($12M). Over the past 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 3.36%, from $330M in 2017 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 Trade: 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). Over the past 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 1.28%,  from $483M in 2017 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 0.81),  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.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €27.3M and imported €37.5M from Luxembourg, resulting in a negative trade balance of €10.2M. Between August 2023 and August 2024 the exports of Spain have increased by €2.2M (8.77%) from €25.1M to €27.3M, while imports increased by €10.7M (39.9%) from €26.8M to €37.5M.

Trade In August 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 August 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 August 2024 the exports of Spain were mainly from Valencia (€6.62M), Castellón (€4.36M), Barcelona (€3M), A Coruña (€2.74M), and Guipúzcoa (€2.74M), while imports destinations were mainly Madrid (€8.48M), Barcelona (€8.47M), Zaragoza (€7.19M), Valencia (€2.23M), and Guipúzcoa (€2.14M).

Growth In August 2024, the increase in Spain's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in Cars (€5.93M or 241%), Computers (€1.23M or 4.35k%), and Pure Olive Oil (€333k or 8.79k%). In August 2024, the increase in Spain's year-by-year imports  from Luxembourg was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... (€1.27M or 112%), Coated Flat-Rolled Iron (€1.24M or 63%), and Float Glass (€815k or 140%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€2.2M(8.77%)
IMPORT GROWTH (August 2023 - August 2024)€10.7M(39.9%)
MAIN EXPORTER (August 2024)Valencia€6.62M

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 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 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 3.36%, from $330M in 2017 to $389M in 2022.

In 2017, 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 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 1.28%, from $483M in 2022 to $607M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Luxembourg
Top DestinationGermany$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 2022, countries that imported more from Spain than Luxembourg included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Luxembourg than Spain included 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 2017, Luxembourg had a large net trade with Spain in the exports of Metals ($172M), Plastics and Rubbers ($99.1M), and Machines ($71.8M).

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) (2022)

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