2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195

About

Ukraine-Luxembourg Trade: In 2023, Ukraine exported $36.5M to Luxembourg. The main products that Ukraine exported to Luxembourg were Ferroalloys ($28.8M), Sawn Wood ($1.28M), and Flavored Water ($1.01M). Over the past 5 years the exports of Ukraine to Luxembourg have increased at an annualized rate of 5.57%, from $27.8M in 2018 to $36.5M in 2023.

In 2023, Ukraine did not export any services to Luxembourg.

Luxembourg-Ukraine Trade: In 2023, Luxembourg exported $15M to Ukraine. The main products that Luxembourg exported to Ukraine were Rubber Tires ($2.38M), Trailers and semi-trailers, not mechanically propelled vehicles ($1.39M), and Cellulose Fibers Paper ($1.16M). Over the past 5 years the exports of Luxembourg to Ukraine have decreased at an annualized rate of 25.1%,  from $84.7M in 2018 to $15M in 2023.

In 2023, Luxembourg did not export any services to Ukraine.

Comparison In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39),  and 64 in total exports ($40.3B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $36.5M to Luxembourg. The main products exported from Ukraine to Luxembourg were Ferroalloys ($28.8M), Sawn Wood ($1.28M), and Flavored Water ($1.01M). During the last 5 years the exports of Ukraine to Luxembourg have increased at an annualized rate of 5.57%, from $27.8M in 2018 to $36.5M in 2023.

In 2018, Luxembourg exported $15M to Ukraine. The main products exported from Luxembourg to Ukraine were Rubber Tires ($2.38M), Trailers and semi-trailers, not mechanically propelled vehicles ($1.39M), and Cellulose Fibers Paper ($1.16M). During the last 5 years the exports of Luxembourg to Ukraine have decreased at an annualized rate of 25.1%, from $84.7M in 2023 to $15M in 2018.

Exports from Ukraine (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Luxembourg (Flag)

Ukraine Exports

Luxembourg Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Ukraine than Luxembourg included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Luxembourg than Ukraine included France ($2.8B), Germany ($3.42B), and Belgium ($1.59B).

Difference in imports from Luxembourg (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Luxembourg

Flow
Scale

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

During 2023, Ukraine had a large net trade with Luxembourg in the exports of Metals ($29M), Wood Products ($3.43M), and Foodstuffs ($1.16M).

During 2018, Luxembourg had a large net trade with Ukraine in the exports of Plastics and Rubbers ($4.24M), Machines ($3.53M), and Transportation ($1.71M).

Economic Complexity

Competitive Landscape

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

Product Space of Ukraine (Flag) and Luxembourg (Flag) (2023)

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