2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

United Kingdom-Luxembourg Trade: In 2022, United Kingdom exported $642M to Luxembourg. The main products that United Kingdom exported to Luxembourg were Gas Turbines ($253M), Raw Plastic Sheeting ($59.6M), and Cars ($44.2M). Over the past 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 10.5%, from $389M in 2017 to $642M in 2022.

In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) being the largest in terms of value.

Luxembourg-United Kingdom Trade: In 2022, Luxembourg exported $595M to United Kingdom. The main products that Luxembourg exported to United Kingdom were Non-woven Textiles ($60.4M), Gas Turbines ($42M), and Iron Blocks ($41.2M). Over the past 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 2.08%,  from $537M in 2017 to $595M in 2022.

In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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, United Kingdom exported $642M to Luxembourg. The main products exported from United Kingdom to Luxembourg were Gas Turbines ($253M), Raw Plastic Sheeting ($59.6M), and Cars ($44.2M). During the last 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 10.5%, from $389M in 2017 to $642M in 2022.

In 2017, Luxembourg exported $595M to United Kingdom. The main products exported from Luxembourg to United Kingdom were Non-woven Textiles ($60.4M), Gas Turbines ($42M), and Iron Blocks ($41.2M). During the last 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 2.08%, from $537M in 2022 to $595M in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Luxembourg
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage United Kingdom - Luxembourg

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Luxembourg in the exports of Machines ($322M), Plastics and Rubbers ($77.8M), and Transportation ($68.4M).

During 2017, Luxembourg had a large net trade with United Kingdom in the exports of Metals ($113M), Machines ($105M), and Plastics and Rubbers ($99.9M).

Bilateral Service Trade

In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) being the largest in terms of value.

In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Luxembourg (Flag) (2019)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with