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Pricing

2022
Flag → Flag
Exports $89.8MRnk 88 / 215
2022
Flag → Flag
Top Product $40.4MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $128MRnk 25 / 196
2022
Flag → Flag
Top Product $46.3MIron Blocks
2022
Flag
Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
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GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$126,426CURRENT US$
Rnk 1 / 186
2012-2022
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GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186

About

Canada-Luxembourg In 2022, Canada exported $89.8M to Luxembourg. The main products that Canada exported to Luxembourg are Planes, Helicopters, and/or Spacecraft ($40.4M), Rubberworking Machinery ($19.4M), and Cobalt ($4.95M). During the last 23 years the exports of Canada to Luxembourg have increased at an annualized rate of 2.33%, from $52.9M in 1999 to $89.8M in 2022.

In 2020, Canada exported services to Luxembourg worth $168M, with Financial services ($153M), Royalties and license fees ($10.4M), and Computer and information services ($3.73M) being the largest in terms of value.

Luxembourg-Canada In 2022, Luxembourg exported $128M to Canada. The main products that Luxembourg exported to Canada were Iron Blocks ($46.3M), Iron Sheet Piling ($12.1M), and Other Steel Bars ($11.1M). During the last 23 years the exports of Luxembourg to Canada have increased at an annualized rate of 4.51%, from $46.4M in 1999 to $128M in 2022.

In 2020, Luxembourg exported services to Canada worth $90.2M, with Other business services ($77.7M), Transportation ($11.4M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85),  and 9 in total exports ($587B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$3.36M and imported C$17.8M from Luxembourg, resulting in a negative trade balance of C$14.5M. Between January 2023 and January 2024 the exports of Canada have increased by C$37.4k (1.12%) from C$3.32M to C$3.36M, while imports increased by C$4.8M (36.9%) from C$13M to C$17.8M.

Trade In January 2024, the top exports of Canada to Luxembourg were Commodities not elsewhere specified (C$903k), Rubberworking Machinery (C$724k), Other Electrical Machinery (C$654k), Aircraft parts including unmanned craft (C$494k), and Cars (C$102k). In January 2024 the top imports of Canada from Luxembourg were Iron Blocks (C$7.49M), Copper Foil (C$833k), Rubber Tires (C$549k), Beauty Products (C$511k), and Wine (C$492k).

Origins In January 2024 the exports of Canada were mainly from Ontario (C$2.78M), Alberta (C$385k), Quebec (C$178k), and British Columbia (C$13.2k), while imports destinations were mainly Quebec (C$14.9M), Ontario (C$2.1M), Alberta (C$323k), Manitoba (C$283k), and British Columbia (C$228k).

Growth In January 2024, the increase in Canada's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in Commodities not elsewhere specified (C$712k or 373%), Other Electrical Machinery (C$486k or 290%), and Aircraft parts including unmanned craft (C$408k or 474%). In January 2024, the increase in Canada's year-by-year imports  from Luxembourg was explained primarily by an increase in product imports  in Iron Blocks (C$1.71M or 29.7%), Copper Foil (C$581k or 230%), and Rubber Tires (C$295k or 116%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)C$37.4k(1.12%)
IMPORT GROWTH (January 2023 - January 2024)C$4.8M(36.9%)
MAIN EXPORTER (January 2024)OntarioC$2.78M

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

To check Luxembourg and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $89.8M to Luxembourg. The main products exported from Canada to Luxembourg were Planes, Helicopters, and/or Spacecraft ($40.4M), Rubberworking Machinery ($19.4M), and Cobalt ($4.95M). During the last 23 years the exports of Canada to Luxembourg have increased at an annualized rate of 2.33%, from $52.9M in 1999 to $89.8M in 2022.

In 2022, Luxembourg exported $128M to Canada. The main products exported from Luxembourg to Canada were Iron Blocks ($46.3M), Iron Sheet Piling ($12.1M), and Other Steel Bars ($11.1M). During the last 23 years the exports of Luxembourg to Canada have increased at an annualized rate of 4.51%, from $46.4M in 1999 to $128M in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Luxembourg
Top DestinationGermany$4.15B

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

In 2021, countries that imported more from Canada than Luxembourg were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Luxembourg than Canada were Austria ($632M), Oman ($263M), and Romania ($155M).

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

Comparative Advantage Canada - Luxembourg

Flow
Scale

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

During 2022, Canada had a large net trade with Luxembourg in the exports of Transportation ($45.2M), Machines ($28.1M), and Metals ($6.89M).

During 2022, Luxembourg had a large net trade with Canada in the exports of Metals ($82.7M), Plastics and Rubbers ($14.8M), and Machines ($14.1M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Luxembourg worth $168M, with Financial services ($153M), Royalties and license fees ($10.4M), and Computer and information services ($3.73M) being the largest in terms of value.

In 2020, Luxembourg exported services to Canada worth $90.2M, with Other business services ($77.7M), Transportation ($11.4M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Canada.

Product Space of Canada (Flag) and Luxembourg (Flag) (2022)

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