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2023
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Exports $113MRnk 65 / 211
2023
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Top Product $57.9MLiquid Pumps
2023
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Exports $74.7MRnk 32 / 191
2023
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Top Product $11.5MCellulose Fibers Paper
2023
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Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
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GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 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 $103,888CURRENT US$
Rnk 4 / 195
2013-2023
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GDP PC GROWTH97.4%CURRENT US$
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2023
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GDP PC$128,678CURRENT US$
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2013-2023
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GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Ireland-Luxembourg Trade: In 2023, Ireland exported $113M to Luxembourg. The main products that Ireland exported to Luxembourg were Liquid Pumps ($57.9M), Computers ($7.69M), and Machinery Having Individual Functions ($6.41M). Over the past 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 9.07%, from $181M in 2018 to $113M in 2023.

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 Trade: In 2023, Luxembourg exported $74.7M to Ireland. The main products that Luxembourg exported to Ireland were Cellulose Fibers Paper ($11.5M), Iron Blocks ($6.89M), and Trailers and semi-trailers, not mechanically propelled vehicles ($6.4M). Over the past 5 years the exports of Luxembourg to Ireland have decreased at an annualized rate of 3.06%,  from $87.3M in 2018 to $74.7M in 2023.

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 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). 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, Ireland exported €9.03M and imported €5.66M from Luxembourg, resulting in a positive trade balance of €3.36M. Between November 2023 and November 2024 the exports of Ireland have increased by €1.45M (19.1%) from €7.58M to €9.03M, while imports decreased by €-441k (-7.23%) from €6.1M to €5.66M.

Trade In November 2024, the top exports of Ireland to Luxembourg were General industrial machinery and parts, n.e.s. (€5.12M), Office machines and automatic data processing... (€946k), Meat and meat preparations (€601k), Miscellaneous manufactured articles, n.e.s. (€216k), and Machinery specialised for particular industries (€175k). In November 2024 the top imports of Ireland from Luxembourg were Paper, paperboard and articles of paper... (€1.38M), Road vehicles (€704k), Textile yarn, fabrics, made-up articles and... (€666k), Plastics in non-primary forms (€575k), and Unclassified estimates (€363k).

Growth In November 2024, the increase in Ireland's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in General industrial machinery and parts, n.e.s. (€1.06M or 26.1%), Office machines and automatic data processing... (€445k or 88.8%), and Miscellaneous manufactured articles, n.e.s. (€190k or 731%). In November 2024, the decrease in Ireland's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Iron and steel (€-797k or -98.5%), Rubber manufactures, n.e.s. (€-532k or -79%), and Miscellaneous manufactured articles, n.e.s. (€-198k or -73.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€1.45M(19.1%)
IMPORT GROWTH (November 2023 - November 2024)€-441k(-7.23%)

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

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

For full datasets download visit Bulk Download page.

Explore Luxembourg and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $113M to Luxembourg. The main products exported from Ireland to Luxembourg were Liquid Pumps ($57.9M), Computers ($7.69M), and Machinery Having Individual Functions ($6.41M). During the last 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 9.07%, from $181M in 2018 to $113M in 2023.

In 2018, Luxembourg exported $74.7M to Ireland. The main products exported from Luxembourg to Ireland were Cellulose Fibers Paper ($11.5M), Iron Blocks ($6.89M), and Trailers and semi-trailers, not mechanically propelled vehicles ($6.4M). During the last 5 years the exports of Luxembourg to Ireland have decreased at an annualized rate of 3.06%, from $87.3M in 2023 to $74.7M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Luxembourg
Top DestinationGermany$3.42B

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 2023, countries that imported more from Ireland than Luxembourg included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

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 2023, Ireland had a large net trade with Luxembourg in the exports of Machines ($79.9M), Animal Products ($8.02M), and Chemical Products ($7.68M).

During 2018, Luxembourg had a large net trade with Ireland in the exports of Plastics and Rubbers ($14M), Machines ($13.1M), and Paper Goods ($11.6M).

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)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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