Luxembourg-Hong Kong Trade: In 2022, Luxembourg exported $628M to Hong Kong. The main products that Luxembourg exported to Hong Kong were Gas Turbines ($375M), Sculptures ($93.4M), and Paintings ($84.4M). Over the past 5 years the exports of Luxembourg to Hong Kong have increased at an annualized rate of 78.5%, from $34.7M in 2017 to $628M in 2022.
In 2020, Luxembourg exported services to Hong Kong worth $716M, with Transportation ($708M) and Other business services ($8M) being the largest in terms of value.
Hong Kong-Luxembourg Trade: In 2022, Hong Kong exported $221M to Luxembourg. The main products that Hong Kong exported to Luxembourg were Paintings ($193M), Gas Turbines ($10.1M), and Sculptures ($5.25M). Over the past 5 years the exports of Hong Kong to Luxembourg have increased at an annualized rate of 59.6%, from $21.3M in 2017 to $221M in 2022.
In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).