United States (USA) and Luxembourg (LUX) Trade

2022

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Exports $854MRnk 87 / 219

2022

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About

United States-Luxembourg Trade: In 2022, United States exported $854M to Luxembourg. The main products that United States exported to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). Over the past 5 years the exports of United States to Luxembourg have decreased at an annualized rate of 7.66%, from $1.27B in 2017 to $854M in 2022.

In 2017, United States exported services to Luxembourg worth $10.8B, with Financial services ($7.97B), Other business services ($1.3B), and Royalties and license fees ($932M) being the largest in terms of value.

Luxembourg-United States Trade: In 2022, Luxembourg exported $597M to United States. The main products that Luxembourg exported to United States were Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). Over the past 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.48%, from $457M in 2017 to $597M in 2022.

In 2020, Luxembourg exported services to United States worth $1.11B, with Other business services ($777M), Transportation ($320M), and Travel ($9.14M) being the largest in terms of value.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Intercontinental Packaging (1) were at the forefront of exporting goods from Luxembourg to the United States. Conversely, Other (1) were notable for importing products to Luxembourg from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $83.7M and imported $53M from Luxembourg, resulting in a positive trade balance of $30.7M. Between August 2023 and August 2024 the exports of United States have decreased by $-264M (-75.9%) from $348M to $83.7M, while imports decreased by $-20.6M (-28%) from $73.6M to $53M.

Trade In August 2024, the top exports of United States to Luxembourg were Aircraft Parts ($53.6M), Paintings ($21.2M), Machines and apparatus of a kind... ($14.9M), Laboratory Reagents ($8.37M), and Commodities not elsewhere specified ($3.81M). In August 2024 the top imports of United States from Luxembourg were Iron Sheet Piling ($12.6M), Iron Blocks ($11.3M), Commodities not elsewhere specified ($7.95M), Aluminium Foil ($5.58M), and Other Steel Bars ($4.81M).

Origins In August 2024 the exports of United States were mainly from California ($14.7M), Virginia ($13.8M), Texas ($8.87M), New York ($8.05M), and Pennsylvania ($7.86M), while imports destinations were mainly Texas ($11.3M), Georgia ($7.75M), New Jersey ($6.19M), Pennsylvania ($3.31M), and Massachusetts ($2.76M).

Growth In August 2024, the decrease in United States's year-by-year exports to Luxembourg was explained primarily by an decrease in product exports in Medical Instruments ($-6.37M or -98.6%), Synthetic Rubber ($-2.98M or -64.3%), and Orthopedic Appliances ($-2.69M or -96.5%). In August 2024, the decrease in United States's year-by-year imports from Luxembourg was explained primarily by an decrease in product imports in Commodities not elsewhere specified ($-14.3M or -64.3%), Non-woven Textiles ($-4.37M or -48.3%), and Aircraft parts including unmanned craft ($-1.91M or -97.2%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$-264M(-75.9%)

IMPORT GROWTH (August 2023 - August 2024)$-20.6M(-28%)

MAIN EXPORTER (August 2024)California$14.7M

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

To check Luxembourg and United States 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, United States exported $854M to Luxembourg. The main products exported from United States to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). During the last 5 years the exports of United States to Luxembourg have decreased at an annualized rate of 7.66%, from $1.27B in 2017 to $854M in 2022.

In 2017, Luxembourg exported $597M to United States. The main products exported from Luxembourg to United States were Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). During the last 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.48%, from $457M in 2022 to $597M in 2017.

Exports from United States () to Luxembourg () (2022)

Exports from Luxembourg () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from United States than Luxembourg included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Luxembourg than United States included Guam ($146k), Northern Mariana Islands ($1.19k), and American Samoa ($67).

Difference in imports from Luxembourg () and United States () (2022)

Comparative Advantage United States - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Luxembourg in the exports of Machines ($373M), Plastics and Rubbers ($116M), and Arts and Antiques ($86.5M).

During 2017, Luxembourg had a large net trade with United States in the exports of Metals ($253M), Machines ($122M), and Textiles ($62M).

Bilateral Service Trade

Lux Year

Usa Year

In 2020, Luxembourg exported services to United States worth $1.11B, with Other business services ($777M), Transportation ($320M), and Travel ($9.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to Luxembourg () (2017)

Services Exports from Luxembourg () to United States () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of United States () and Luxembourg () (2022)

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