2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Luxembourg-Ireland Trade: In 2022, Luxembourg exported $72.8M to Ireland. The main products that Luxembourg exported to Ireland were Cellulose Fibers Paper ($7.87M), Trailers and semi-trailers, not mechanically propelled vehicles ($6.96M), and Rubber Tires ($6.53M). Over the past 5 years the exports of Luxembourg to Ireland have increased at an annualized rate of 6.54%, from $53.1M in 2017 to $72.8M in 2022.

In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.

Ireland-Luxembourg Trade: In 2022, Ireland exported $102M to Luxembourg. The main products that Ireland exported to Luxembourg were Liquid Pumps ($57.4M), Bovine Meat ($6.91M), and Computers ($5.92M). Over the past 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 7.81%,  from $153M in 2017 to $102M in 2022.

In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) being the largest in terms of value.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $72.8M to Ireland. The main products exported from Luxembourg to Ireland were Cellulose Fibers Paper ($7.87M), Trailers and semi-trailers, not mechanically propelled vehicles ($6.96M), and Rubber Tires ($6.53M). During the last 5 years the exports of Luxembourg to Ireland have increased at an annualized rate of 6.54%, from $53.1M in 2017 to $72.8M in 2022.

In 2017, Ireland exported $102M to Luxembourg. The main products exported from Ireland to Luxembourg were Liquid Pumps ($57.4M), Bovine Meat ($6.91M), and Computers ($5.92M). During the last 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 7.81%, from $153M in 2022 to $102M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Ireland (Flag)

Luxembourg Exports

Ireland Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Luxembourg than Ireland included Oman ($263M), North Macedonia ($55.8M), and Madagascar ($6.22M).

In 2022, countries that imported more from Ireland than Luxembourg included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Luxembourg - Ireland

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Ireland in the exports of Machines ($16.7M), Plastics and Rubbers ($14M), and Metals ($8.15M).

During 2017, Ireland had a large net trade with Luxembourg in the exports of Machines ($77.8M), Animal Products ($10.3M), and Plastics and Rubbers ($4.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Luxembourg Ireland+N/AN/A
Top Product Potential Ireland Luxembourg+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.

In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg (Flag) to Ireland (Flag) (2020)

Services Exports from Ireland (Flag) to Luxembourg (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with