Romania / Luxembourg

Romania-Luxembourg Trade: In 2023, Romania exported $47.2M to Luxembourg. The main products that Romania exported to Luxembourg were Passenger and Cargo Ships ($8.49M), Lifting Machinery ($3.42M), and Cars ($2.75M). Over the past 5 years the exports of Romania to Luxembourg have increased at an annualized rate of 4.54%, from $37.8M in 2018 to $47.2M in 2023.

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 2023, Luxembourg exported $142M to Romania. The main products that Luxembourg exported to Romania were Rubber Tires ($11.7M), Cheese ($8.68M), and Electrical Capacitors ($7.93M). Over the past 5 years the exports of Luxembourg to Romania have decreased at an annualized rate of 3.27%,  from $168M in 2018 to $142M in 2023.

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 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.