2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Luxembourg-Estonia Trade: In 2022, Luxembourg exported $19.6M to Estonia. The main products that Luxembourg exported to Estonia were Rubber Tires ($4.17M), Hot-Rolled Iron ($1.47M), and Microphones and Headphones ($1.37M). Over the past 5 years the exports of Luxembourg to Estonia have increased at an annualized rate of 12.4%, from $10.9M in 2017 to $19.6M in 2022.

In 2020, Luxembourg exported services to Estonia worth $22.8M, with Other business services ($20.6M) and Transportation ($2.28M) being the largest in terms of value.

Estonia-Luxembourg Trade: In 2022, Estonia exported $4.66M to Luxembourg. The main products that Estonia exported to Luxembourg were Cars ($601k), Plywood ($564k), and Broadcasting Equipment ($540k). Over the past 5 years the exports of Estonia to Luxembourg have increased at an annualized rate of 13.7%,  from $2.45M in 2017 to $4.66M in 2022.

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

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $19.6M to Estonia. The main products exported from Luxembourg to Estonia were Rubber Tires ($4.17M), Hot-Rolled Iron ($1.47M), and Microphones and Headphones ($1.37M). During the last 5 years the exports of Luxembourg to Estonia have increased at an annualized rate of 12.4%, from $10.9M in 2017 to $19.6M in 2022.

In 2017, Estonia exported $4.66M to Luxembourg. The main products exported from Estonia to Luxembourg were Cars ($601k), Plywood ($564k), and Broadcasting Equipment ($540k). During the last 5 years the exports of Estonia to Luxembourg have increased at an annualized rate of 13.7%, from $2.45M in 2022 to $4.66M in 2017.

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

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

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Luxembourg than Estonia included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from Estonia than Luxembourg included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Luxembourg - Estonia

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Estonia in the exports of Metals ($5.43M), Plastics and Rubbers ($5.33M), and Machines ($3.55M).

During 2017, Estonia had a large net trade with Luxembourg in the exports of Machines ($1.17M), Metals ($722k), and Transportation ($701k).

Economic Complexity

Competitive Landscape

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

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

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