2023
Flag  
GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
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 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Luxembourg-United Kingdom Trade: In 2023, Luxembourg exported $732M to United Kingdom. The main products that Luxembourg exported to United Kingdom were Gas Turbines ($102M), Non-woven Textiles ($74.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($66.6M). Over the past 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 4.9%, from $576M in 2018 to $732M in 2023.

In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.

United Kingdom-Luxembourg Trade: In 2023, United Kingdom exported $696M to Luxembourg. The main products that United Kingdom exported to Luxembourg were Gas Turbines ($339M), Cars ($91M), and Raw Plastic Sheeting ($46.2M). Over the past 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 12.6%,  from $385M in 2018 to $696M in 2023.

In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $732M to United Kingdom. The main products exported from Luxembourg to United Kingdom were Gas Turbines ($102M), Non-woven Textiles ($74.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($66.6M). During the last 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 4.9%, from $576M in 2018 to $732M in 2023.

In 2018, United Kingdom exported $696M to Luxembourg. The main products exported from United Kingdom to Luxembourg were Gas Turbines ($339M), Cars ($91M), and Raw Plastic Sheeting ($46.2M). During the last 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 12.6%, from $385M in 2023 to $696M in 2018.

Exports from Luxembourg (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Luxembourg (Flag) (2023)

Latest Data

Trade between Luxembourg (Flag) and United Kingdom (Flag)

Luxembourg Exports

United Kingdom Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B
United Kingdom
Top Destination
United States$59.7B

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

In 2023, countries that imported more from Luxembourg than United Kingdom included British Virgin Islands ($39.8M) and Afghanistan ($8.34M).

In 2023, countries that imported more from United Kingdom than Luxembourg included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Luxembourg (Flag) (2023)

Comparative Advantage Luxembourg - United Kingdom

Flow
Scale

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

During 2023, Luxembourg had a large net trade with United Kingdom in the exports of Machines ($146M), Metals ($118M), and Plastics and Rubbers ($115M).

During 2018, United Kingdom had a large net trade with Luxembourg in the exports of Machines ($385M), Transportation ($114M), and Plastics and Rubbers ($61.2M).

Bilateral Service Trade

In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.

In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Luxembourg (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and United Kingdom (Flag) (2023)

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