2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 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

Estonia-Luxembourg Trade: In 2023, Estonia exported $12.7M to Luxembourg. The main products that Estonia exported to Luxembourg were Boiler Plants ($8.72M), Ferroalloys ($900k), and Waterproof Footwear ($534k). Over the past 5 years the exports of Estonia to Luxembourg have increased at an annualized rate of 34.7%, from $2.87M in 2018 to $12.7M in 2023.

In 2020, Estonia exported services to Luxembourg worth $28.7M, with Other business services ($17M), Transportation ($4.11M), and Computer and information services ($3.31M) being the largest in terms of value.

Luxembourg-Estonia Trade: In 2023, Luxembourg exported $15.1M to Estonia. The main products that Luxembourg exported to Estonia were Metal Molds ($2.41M), Hot-Rolled Iron ($1.57M), and Coated Flat-Rolled Iron ($1.39M). Over the past 5 years the exports of Luxembourg to Estonia have increased at an annualized rate of 5.01%,  from $11.8M in 2018 to $15.1M in 2023.

In 2020, Luxembourg exported services to Estonia worth $22.8M, with Other business services ($20.6M) and Transportation ($2.28M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $12.7M to Luxembourg. The main products exported from Estonia to Luxembourg were Boiler Plants ($8.72M), Ferroalloys ($900k), and Waterproof Footwear ($534k). During the last 5 years the exports of Estonia to Luxembourg have increased at an annualized rate of 34.7%, from $2.87M in 2018 to $12.7M in 2023.

In 2018, Luxembourg exported $15.1M to Estonia. The main products exported from Luxembourg to Estonia were Metal Molds ($2.41M), Hot-Rolled Iron ($1.57M), and Coated Flat-Rolled Iron ($1.39M). During the last 5 years the exports of Luxembourg to Estonia have increased at an annualized rate of 5.01%, from $11.8M in 2023 to $15.1M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Luxembourg (Flag)

Estonia Exports

Luxembourg Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Estonia than Luxembourg included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Luxembourg

Flow
Scale

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

During 2023, Estonia had a large net trade with Luxembourg in the exports of Machines ($9.36M), Metals ($1.09M), and Miscellaneous ($810k).

During 2018, Luxembourg had a large net trade with Estonia in the exports of Metals ($6.61M), Machines ($3.74M), and Plastics and Rubbers ($1.41M).

Bilateral Service Trade

In 2020, Estonia exported services to Luxembourg worth $28.7M, with Other business services ($17M), Transportation ($4.11M), and Computer and information services ($3.31M) being the largest in terms of value.

In 2020, Luxembourg exported services to Estonia worth $22.8M, with Other business services ($20.6M) and Transportation ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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