2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
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GDP PC GROWTH
7.23%CURRENT US$
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About

United Kingdom-Luxembourg Trade: In 2023, United Kingdom exported $696M to Luxembourg. The main products that United Kingdom exported to Luxembourg were Gas Turbines ($339M), Cars ($91M), and Raw Plastic Sheeting ($46.2M). Over the past 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 12.6%, from $385M in 2018 to $696M in 2023.

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 2023, Luxembourg exported $732M to United Kingdom. The main products that Luxembourg exported to United Kingdom were Gas Turbines ($102M), Non-woven Textiles ($74.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($66.6M). Over the past 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 4.9%,  from $576M in 2018 to $732M in 2023.

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 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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

In 2023, United Kingdom exported $696M to Luxembourg. The main products exported from United Kingdom to Luxembourg were Gas Turbines ($339M), Cars ($91M), and Raw Plastic Sheeting ($46.2M). During the last 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 12.6%, from $385M in 2018 to $696M in 2023.

In 2018, Luxembourg exported $732M to United Kingdom. The main products exported from Luxembourg to United Kingdom were Gas Turbines ($102M), Non-woven Textiles ($74.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($66.6M). During the last 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 4.9%, from $576M in 2023 to $732M in 2018.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from United Kingdom than Luxembourg included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Luxembourg than United Kingdom included British Virgin Islands ($39.8M) and Afghanistan ($8.34M).

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

Comparative Advantage United Kingdom - Luxembourg

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Luxembourg in the exports of Machines ($385M), Transportation ($114M), and Plastics and Rubbers ($61.2M).

During 2018, Luxembourg had a large net trade with United Kingdom in the exports of Machines ($146M), Metals ($118M), and Plastics and Rubbers ($115M).

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Luxembourg (Flag) (2019)

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Luxembourg. This means that a dot/product with the flag of United Kingdom 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 Kingdom.

Product Space of United Kingdom (Flag) and Luxembourg (Flag) (2023)

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