2022
Flag  
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
$25.5TCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.7%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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2022
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GDP PC
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

Luxembourg-United States In 2022, Luxembourg exported $597M to United States. The main products that Luxembourg exported to United States are Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). During the last 23 years the exports of Luxembourg to United States have increased at an annualized rate of 3.05%, from $299M in 1999 to $597M in 2022.

In 2020, Luxembourg exported services to United States worth $1.11B, with Other business services ($777M), Transportation ($320M), and Travel ($9.14M) being the largest in terms of value.

United States-Luxembourg In 2022, United States exported $854M to Luxembourg. The main products that United States exported to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). During the last 23 years the exports of United States to Luxembourg have decreased at an annualized rate of 1.46%, from $1.2B in 1999 to $854M in 2022.

In 2017, United States exported services to Luxembourg worth $10.8B, with Financial services ($7.97B), Other business services ($1.3B), and Royalties and license fees ($932M) being the largest in terms of value.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $597M to United States. The main products exported from Luxembourg to United States were Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). During the last 23 years the exports of Luxembourg to United States have increased at an annualized rate of 3.05%, from $299M in 1999 to $597M in 2022.

In 2022, United States exported $854M to Luxembourg. The main products exported from United States to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). During the last 23 years the exports of United States to Luxembourg have decreased at an annualized rate of 1.46%, from $1.2B in 1999 to $854M in 2022.

Exports from Luxembourg (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Luxembourg (Flag) (2022)

Latest Data

Trade between Luxembourg (Flag) and United States (Flag)

Luxembourg Exports

United States Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Luxembourg than United States were Guam ($146k), Northern Mariana Islands ($1.19k), and American Samoa ($67).

In 2021, countries that imported more from United States than Luxembourg were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Luxembourg (Flag) (2022)

Comparative Advantage Luxembourg - United States

Flow
Scale

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

During 2022, Luxembourg had a large net trade with United States in the exports of Metals ($253M), Machines ($122M), and Textiles ($62M).

During 2022, United States had a large net trade with Luxembourg in the exports of Machines ($373M), Plastics and Rubbers ($116M), and Arts and Antiques ($86.5M).

Service Trade

Bilateral Service Trade

In 2020, Luxembourg exported services to United States worth $1.11B, with Other business services ($777M), Transportation ($320M), and Travel ($9.14M) being the largest in terms of value.

In 2017, United States exported services to Luxembourg worth $10.8B, with Financial services ($7.97B), Other business services ($1.3B), and Royalties and license fees ($932M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Luxembourg (Flag) (2017)

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 Luxembourg has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Luxembourg.

Product Space of Luxembourg (Flag) and United States (Flag) (2022)

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