Netherlands (NLD) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

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Netherlands-Luxembourg In 2022, Netherlands exported $1.75B to Luxembourg. The main products that Netherlands exported to Luxembourg are Refined Petroleum ($116M), Passenger and Cargo Ships ($83.8M), and Raw Aluminium ($56.4M). During the last 23 years the exports of Netherlands to Luxembourg have increased at an annualized rate of 5.7%, from $488M in 1999 to $1.75B in 2022.

In 2020, Netherlands exported services to Luxembourg worth $3.51B, with Financial services ($1.1B), Royalties and license fees ($949M), and Other business services ($867M) being the largest in terms of value.

Luxembourg-Netherlands In 2022, Luxembourg exported $1.58B to Netherlands. The main products that Luxembourg exported to Netherlands were Iron Blocks ($213M), Motor vehicles; parts and accessories (8701 to 8705) ($134M), and Cold-Rolled Iron ($128M). During the last 23 years the exports of Luxembourg to Netherlands have increased at an annualized rate of 6.53%, from $368M in 1999 to $1.58B in 2022.

In 2020, Luxembourg exported services to Netherlands worth $1.38B, with Other business services ($934M), Travel ($223M), and Transportation ($218M) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €166M and imported €123M from Luxembourg, resulting in a positive trade balance of €43M. Between October 2021 and October 2022 the exports of Netherlands have increased by €21M (14.5%) from €145M to €166M, while imports increased by €19M (18.3%) from €104M to €123M.

Trade In October 2022, the top exports of Netherlands to Luxembourg were Petroleum oils and oils obtained from... (€26M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€7M), Ships, boats (including hovercraft) and floating... (€5M), Ferrous waste and scrap; remelting scrap... (€4M), and Medicaments (including veterinary medicaments) (€4M). In October 2022 the top imports of Netherlands from Luxembourg were Iron and steel bars, rods, angles,... (€8M), Flat-rolled products of iron or non-alloy... (€7M), Wood manufactures, n.e.s. (€6M), Rubber tyres, interchangeable tyre treads, tyre... (€5M), and Flat-rolled products of iron or non-alloy... (€3M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in Ferrous waste and scrap; remelting scrap... (€3M or 300%), Ships, boats (including hovercraft) and floating... (€3M or 150%), and Medicaments (including veterinary medicaments) (€2M or 100%). In October 2022, the increase in Netherlands's year-by-year imports from Luxembourg was explained primarily by an increase in product imports in Wood manufactures, n.e.s. (€5M or 500%), Flat-rolled products of iron or non-alloy... (€1M or 16.7%), and Flat-rolled products of iron or non-alloy... (€1M or 50%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€21M(14.5%)

IMPORT GROWTH (October 2021 - October 2022)€19M(18.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Luxembourg and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $1.75B to Luxembourg. The main products exported from Netherlands to Luxembourg were Refined Petroleum ($116M), Passenger and Cargo Ships ($83.8M), and Raw Aluminium ($56.4M). During the last 23 years the exports of Netherlands to Luxembourg have increased at an annualized rate of 5.7%, from $488M in 1999 to $1.75B in 2022.

In 2022, Luxembourg exported $1.58B to Netherlands. The main products exported from Luxembourg to Netherlands were Iron Blocks ($213M), Motor vehicles; parts and accessories (8701 to 8705) ($134M), and Cold-Rolled Iron ($128M). During the last 23 years the exports of Luxembourg to Netherlands have increased at an annualized rate of 6.53%, from $368M in 1999 to $1.58B in 2022.

Exports from Netherlands () to Luxembourg () (2022)

Exports from Luxembourg () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Luxembourg
Top DestinationGermany$4.15B

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

In 2021, countries that imported more from Netherlands than Luxembourg were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2019, no countries were registered that imported more from Luxembourg than from Netherlands.

Difference in imports from Luxembourg () and Netherlands () (2022)

Comparative Advantage Netherlands - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Luxembourg in the exports of Machines ($343M), Plastics and Rubbers ($217M), and Metals ($216M).

During 2022, Luxembourg had a large net trade with Netherlands in the exports of Metals ($621M), Transportation ($213M), and Plastics and Rubbers ($210M).

Service Trade

Bilateral Service Trade

Lux Year

Nld Year

In 2020, Netherlands exported services to Luxembourg worth $3.51B, with Financial services ($1.1B), Royalties and license fees ($949M), and Other business services ($867M) being the largest in terms of value.

In 2020, Luxembourg exported services to Netherlands worth $1.38B, with Other business services ($934M), Travel ($223M), and Transportation ($218M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands () to Luxembourg () (2020)

Services Exports from Luxembourg () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Netherlands.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Luxembourg () (2022)

Exports from Luxembourg () to Netherlands () (2022)

Market Competitiveness

Difference in imports from Luxembourg () and Netherlands () (2022)

Comparative Advantage Netherlands - Luxembourg

Service Trade

Bilateral Service Trade

Services Exports from Netherlands () to Luxembourg () (2020)

Services Exports from Luxembourg () to Netherlands () (2020)

Economic Complexity

Competitive Landscape

Product Space of Netherlands () and Luxembourg () (2022)

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