Luxembourg (LUX) and China (CHN) Trade | The Observatory of Economic Complexity

About

Luxembourg-China In 2022, Luxembourg exported $293M to China. The main products that Luxembourg exported to China are Non-woven Textiles ($60.1M), Copper Foil ($45.6M), and Valves ($28.4M). During the last 23 years the exports of Luxembourg to China have increased at an annualized rate of 6.93%, from $62.7M in 1999 to $293M in 2022.

In 2020, Luxembourg exported services to China worth $809M, with Transportation ($686M), Other business services ($115M), and Travel ($6.85M) being the largest in terms of value.

China-Luxembourg In 2022, China exported $690M to Luxembourg. The main products that China exported to Luxembourg were Refined Petroleum ($98.1M), Broadcasting Equipment ($64.9M), and Computers ($40.2M). During the last 23 years the exports of China to Luxembourg have increased at an annualized rate of 11.3%, from $58.5M in 1999 to $690M in 2022.

In 2022, China 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, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Luxembourg exported $293M to China. The main products exported from Luxembourg to China were Non-woven Textiles ($60.1M), Copper Foil ($45.6M), and Valves ($28.4M). During the last 23 years the exports of Luxembourg to China have increased at an annualized rate of 6.93%, from $62.7M in 1999 to $293M in 2022.

In 2022, China exported $690M to Luxembourg. The main products exported from China to Luxembourg were Refined Petroleum ($98.1M), Broadcasting Equipment ($64.9M), and Computers ($40.2M). During the last 23 years the exports of China to Luxembourg have increased at an annualized rate of 11.3%, from $58.5M in 1999 to $690M in 2022.

Exports from Luxembourg () to China () (2022)

Exports from China () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and China ()

Luxembourg Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Luxembourg
Top DestinationGermany$4.15B

China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Luxembourg than China were Guam ($146k), Saint Martin ($107k), and Northern Mariana Islands ($1.19k).

In 2021, countries that imported more from China than Luxembourg were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Luxembourg - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Luxembourg had a large net trade with China in the exports of Machines ($91M), Metals ($83.6M), and Textiles ($66.8M).

During 2022, China had a large net trade with Luxembourg in the exports of Machines ($308M), Mineral Products ($98.2M), and Metals ($51.3M).

Service Trade

Bilateral Service Trade

Lux Year

In 2020, Luxembourg exported services to China worth $809M, with Transportation ($686M), Other business services ($115M), and Travel ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

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

About

Historical Data

Bilateral Trade by Products

Exports from Luxembourg () to China () (2022)

Exports from China () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and China ()

Luxembourg Exports

China Exports

Market Competitiveness

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

Comparative Advantage Luxembourg - China

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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