2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 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

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 N/A, Luxembourg exported $678M to United States. The main products that Luxembourg exported to United States were Iron Sheet Piling ($104M), Iron Blocks ($73.4M), and Non-woven Textiles ($56.6M). Over the past N/A years the exports of Luxembourg to United States have increased at an annualized rate of 5.63%,  from $515M in N/A to $678M in N/A.

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 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). 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

United States does not register exports to Luxembourg. The main products exported from United States to Luxembourg were Planes, Helicopters, and/or Spacecraft ($294M), Aircraft parts (gliders, balloons, and powered aircraft) ($113M), and Vaccines, blood, antisera, toxins and cultures ($45.5M).

In 2018, Luxembourg exported $678M to United States. The main products exported from Luxembourg to United States were Iron Sheet Piling ($104M), Iron Blocks ($73.4M), and Non-woven Textiles ($56.6M). During the last 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.63%, from $515M in 2023 to $678M in 2018.

Exports from United States (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
N/AN/A
Luxembourg
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Luxembourg (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Luxembourg

Flow
Scale

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

During 2018, Luxembourg had a large net trade with United States in the exports of Metals ($318M), Machines ($116M), and Textiles ($69.1M).

Bilateral Service Trade

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.

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 (Flag) to Luxembourg (Flag) (2017)

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

Service Trade

Economic Complexity

Competitive Landscape

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 (Flag) and Luxembourg (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with