United Kingdom-Luxembourg Trade: In 2022, United Kingdom exported $642M to Luxembourg. The main products that United Kingdom exported to Luxembourg were Gas Turbines ($253M), Raw Plastic Sheeting ($59.6M), and Cars ($44.2M). Over the past 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 10.5%, from $389M in 2017 to $642M in 2022.
In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) being the largest in terms of value.
Luxembourg-United Kingdom Trade: In 2022, Luxembourg exported $595M to United Kingdom. The main products that Luxembourg exported to United Kingdom were Non-woven Textiles ($60.4M), Gas Turbines ($42M), and Iron Blocks ($41.2M). Over the past 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 2.08%, from $537M in 2017 to $595M in 2022.
In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.
Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.