Luxembourg (LUX) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Luxembourg-Australia In 2022, Luxembourg exported $39.2M to Australia. The main products that Luxembourg exported to Australia are Soap ($5.93M), Rubber Tires ($4.71M), and Iron Blocks ($3.1M). During the last 23 years the exports of Luxembourg to Australia have increased at an annualized rate of 3.77%, from $16.7M in 1999 to $39.2M in 2022.

In 2020, Luxembourg exported services to Australia worth $10.3M, with Other business services ($5.71M), Transportation ($3.43M), and Travel ($1.14M) being the largest in terms of value.

Australia-Luxembourg In 2022, Australia exported $4.38M to Luxembourg. The main products that Australia exported to Luxembourg were Other Nuts ($2.29M), Surveying Equipment ($387k), and Raw Nickel ($279k). During the last 23 years the exports of Australia to Luxembourg have increased at an annualized rate of 10.8%, from $411k in 1999 to $4.38M in 2022.

In 2022, Australia did not export any services to Luxembourg.

Comparison In 2022, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Luxembourg exported $39.2M to Australia. The main products exported from Luxembourg to Australia were Soap ($5.93M), Rubber Tires ($4.71M), and Iron Blocks ($3.1M). During the last 23 years the exports of Luxembourg to Australia have increased at an annualized rate of 3.77%, from $16.7M in 1999 to $39.2M in 2022.

In 2022, Australia exported $4.38M to Luxembourg. The main products exported from Australia to Luxembourg were Other Nuts ($2.29M), Surveying Equipment ($387k), and Raw Nickel ($279k). During the last 23 years the exports of Australia to Luxembourg have increased at an annualized rate of 10.8%, from $411k in 1999 to $4.38M in 2022.

Exports from Luxembourg () to Australia () (2022)

Exports from Australia () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Australia ()

Luxembourg Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Luxembourg
Top DestinationGermany$4.15B

Australia
Top DestinationChina$123B

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

In 2021, countries that imported more from Luxembourg than Australia were France ($3.07B), Austria ($632M), and Belgium ($2.09B).

In 2021, countries that imported more from Australia than Luxembourg were China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Luxembourg had a large net trade with Australia in the exports of Metals ($9.54M), Machines ($8.96M), and Plastics and Rubbers ($7.5M).

During 2022, Australia had a large net trade with Luxembourg in the exports of Vegetable Products ($2.34M), Instruments ($688k), and Metals ($321k).

Service Trade

Bilateral Service Trade

Lux Year

In 2020, Luxembourg exported services to Australia worth $10.3M, with Other business services ($5.71M), Transportation ($3.43M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg () to Australia () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Luxembourg () to Australia () (2022)

Exports from Australia () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and Australia ()

Luxembourg Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Luxembourg () (2022)

Comparative Advantage Luxembourg - Australia

Service Trade

Bilateral Service Trade

Services Exports from Luxembourg () to Australia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Luxembourg () and Australia () (2022)

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