2023
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GDP
$85.8BCURRENT US$
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2013-2023
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GDP GROWTH
31.5%CURRENT US$
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2023
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 GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%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 GROWTH
7.23%CURRENT US$
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2023
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GDP PC
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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About

Luxembourg-Spain Trade: In 2023, Luxembourg exported $562M to Spain. The main products that Luxembourg exported to Spain were Rubber Tires ($42.3M), Coated Flat-Rolled Iron ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($28.6M). Over the past 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 0.23%, from $555M in 2018 to $562M in 2023.

In 2020, Luxembourg exported services to Spain worth $1.94B, with Other business services ($1.86B), Transportation ($69.7M), and Travel ($14.8M) being the largest in terms of value.

Spain-Luxembourg Trade: In 2023, Spain exported $495M to Luxembourg. The main products that Spain exported to Luxembourg were Cars ($113M), Self-Propelled Rail Transport ($35.8M), and Delivery Trucks ($14.1M). Over the past 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 7.31%,  from $348M in 2018 to $495M in 2023.

In 2009, Spain exported services to Luxembourg worth $1.58B, with Services not allocated ($1.11B), Travel ($386M), and Transportation ($86.4M) being the largest in terms of value.

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $562M to Spain. The main products exported from Luxembourg to Spain were Rubber Tires ($42.3M), Coated Flat-Rolled Iron ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($28.6M). During the last 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 0.23%, from $555M in 2018 to $562M in 2023.

In 2018, Spain exported $495M to Luxembourg. The main products exported from Spain to Luxembourg were Cars ($113M), Self-Propelled Rail Transport ($35.8M), and Delivery Trucks ($14.1M). During the last 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 7.31%, from $348M in 2023 to $495M in 2018.

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

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

Latest Data

Trade between Luxembourg (Flag) and Spain (Flag)

Luxembourg Exports

Spain Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B
Spain
Top Destination
France$61.9B

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

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

In 2023, countries that imported more from Spain than Luxembourg included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

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

Comparative Advantage Luxembourg - Spain

Flow
Scale

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

During 2023, Luxembourg had a large net trade with Spain in the exports of Metals ($142M), Plastics and Rubbers ($94.8M), and Foodstuffs ($62.3M).

During 2018, Spain had a large net trade with Luxembourg in the exports of Transportation ($190M), Metals ($44.3M), and Machines ($42.8M).

Economic Complexity

Competitive Landscape

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

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

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