2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
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GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$18TCURRENT US$
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2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Luxembourg-China Trade: In 2022, Luxembourg exported $293M to China. The main products that Luxembourg exported to China were Non-woven Textiles ($60.1M), Copper Foil ($45.6M), and Valves ($28.4M). Over the past 5 years the exports of Luxembourg to China have increased at an annualized rate of 2.13%, from $264M in 2017 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 Trade: 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). Over the past 5 years the exports of China to Luxembourg have increased at an annualized rate of 0.53%,  from $672M in 2017 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 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Luxembourg to China have increased at an annualized rate of 2.13%, from $264M in 2017 to $293M in 2022.

In 2017, 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 5 years the exports of China to Luxembourg have increased at an annualized rate of 0.53%, from $672M in 2022 to $690M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and China (Flag)

Luxembourg Exports

China Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
China
Top Destination
United 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 2022, countries that imported more from Luxembourg than China included Guam ($146k), Saint Martin ($107k), and Northern Mariana Islands ($1.19k).

In 2022, countries that imported more from China than Luxembourg included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Luxembourg - China

Flow
Scale

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 2017, China had a large net trade with Luxembourg in the exports of Machines ($308M), Mineral Products ($98.2M), and Metals ($51.3M).

Economic Complexity

Competitive Landscape

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

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

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