2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%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 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%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

Ireland-Luxembourg In 2022, Ireland exported $102M to Luxembourg. The main products that Ireland exported to Luxembourg are Liquid Pumps ($57.4M), Bovine Meat ($6.91M), and Computers ($5.92M). During the last 23 years the exports of Ireland to Luxembourg have increased at an annualized rate of 1.16%, from $78.2M in 1999 to $102M in 2022.

In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) being the largest in terms of value.

Luxembourg-Ireland In 2022, Luxembourg exported $72.8M to Ireland. The main products that Luxembourg exported to Ireland were Cellulose Fibers Paper ($7.87M), Trailers and semi-trailers, not mechanically propelled vehicles ($6.96M), and Rubber Tires ($6.53M). During the last 23 years the exports of Luxembourg to Ireland have increased at an annualized rate of 5.93%, from $19.4M in 1999 to $72.8M in 2022.

In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28),  and 31 in total exports ($236B). 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, Ireland exported $102M to Luxembourg. The main products exported from Ireland to Luxembourg were Liquid Pumps ($57.4M), Bovine Meat ($6.91M), and Computers ($5.92M). During the last 23 years the exports of Ireland to Luxembourg have increased at an annualized rate of 1.16%, from $78.2M in 1999 to $102M in 2022.

In 2022, Luxembourg exported $72.8M to Ireland. The main products exported from Luxembourg to Ireland were Cellulose Fibers Paper ($7.87M), Trailers and semi-trailers, not mechanically propelled vehicles ($6.96M), and Rubber Tires ($6.53M). During the last 23 years the exports of Luxembourg to Ireland have increased at an annualized rate of 5.93%, from $19.4M in 1999 to $72.8M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Luxembourg
Top Destination
Germany$4.15B

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

In 2021, countries that imported more from Ireland than Luxembourg were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Luxembourg than Ireland were Oman ($263M), North Macedonia ($55.8M), and Madagascar ($6.22M).

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

Comparative Advantage Ireland - Luxembourg

Flow
Scale

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

During 2022, Ireland had a large net trade with Luxembourg in the exports of Machines ($77.8M), Animal Products ($10.3M), and Plastics and Rubbers ($4.59M).

During 2022, Luxembourg had a large net trade with Ireland in the exports of Machines ($16.7M), Plastics and Rubbers ($14M), and Metals ($8.15M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) being the largest in terms of value.

In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Luxembourg (Flag) to Ireland (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 Ireland has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Ireland.

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

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