2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC 
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Romania-Luxembourg Trade: In 2022, Romania exported $40.5M to Luxembourg. The main products that Romania exported to Luxembourg were Cars ($6.49M), Iron Wire ($4.82M), and Cold-Rolled Iron ($2.55M). Over the past 5 years the exports of Romania to Luxembourg have increased at an annualized rate of 9.6%, from $25.6M in 2017 to $40.5M in 2022.

In 2020, Romania exported services to Luxembourg worth $439M, with Transportation ($134M), Computer and information services ($128M), and Other business services ($94.2M) being the largest in terms of value.

Luxembourg-Romania Trade: In 2022, Luxembourg exported $155M to Romania. The main products that Luxembourg exported to Romania were Semi-Finished Iron ($16.3M), Rubber Tires ($10.8M), and Integrated Circuits ($8.94M). Over the past 5 years the exports of Luxembourg to Romania have increased at an annualized rate of 0.65%,  from $150M in 2017 to $155M in 2022.

In 2020, Luxembourg exported services to Romania worth $91.4M, with Other business services ($72M), Transportation ($12.6M), and Travel ($6.85M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $40.5M to Luxembourg. The main products exported from Romania to Luxembourg were Cars ($6.49M), Iron Wire ($4.82M), and Cold-Rolled Iron ($2.55M). During the last 5 years the exports of Romania to Luxembourg have increased at an annualized rate of 9.6%, from $25.6M in 2017 to $40.5M in 2022.

In 2017, Luxembourg exported $155M to Romania. The main products exported from Luxembourg to Romania were Semi-Finished Iron ($16.3M), Rubber Tires ($10.8M), and Integrated Circuits ($8.94M). During the last 5 years the exports of Luxembourg to Romania have increased at an annualized rate of 0.65%, from $150M in 2022 to $155M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Luxembourg (Flag)

Romania Exports

Luxembourg Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Luxembourg
Top Destination
Germany$4.15B

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

In 2022, countries that imported more from Romania than Luxembourg included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Luxembourg than Romania included Hong Kong ($628M), Oman ($263M), and Belgium ($2.09B).

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

Comparative Advantage Romania - Luxembourg

Flow
Scale

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

During 2022, Romania had a large net trade with Luxembourg in the exports of Metals ($14.1M), Machines ($8.78M), and Transportation ($6.8M).

During 2017, Luxembourg had a large net trade with Romania in the exports of Machines ($61.8M), Metals ($25.4M), and Plastics and Rubbers ($22.5M).

Bilateral Service Trade

In 2020, Romania exported services to Luxembourg worth $439M, with Transportation ($134M), Computer and information services ($128M), and Other business services ($94.2M) being the largest in terms of value.

In 2020, Luxembourg exported services to Romania worth $91.4M, with Other business services ($72M), Transportation ($12.6M), and Travel ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Romania (Flag) and Luxembourg (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