2022
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GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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 GDP
$82.3BCURRENT US$
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2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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GDP PC 
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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2022
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GDP PC
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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About

Greece-Luxembourg In 2022, Greece exported $186M to Luxembourg. The main products that Greece exported to Luxembourg are Petroleum Gas ($152M), Electricity ($12.4M), and Rolled Tobacco ($3.83M). During the last 23 years the exports of Greece to Luxembourg have increased at an annualized rate of 18.9%, from $3.46M in 1999 to $186M in 2022.

In 2020, Greece exported services to Luxembourg worth $251M, with Other business services ($75.6M), Computer and information services ($61M), and Transportation ($43.5M) being the largest in terms of value.

Luxembourg-Greece In 2022, Luxembourg exported $120M to Greece. The main products that Luxembourg exported to Greece were Petroleum Gas ($39.8M), Electricity ($13.6M), and Other Plastic Products ($6.85M). During the last 23 years the exports of Luxembourg to Greece have increased at an annualized rate of 5.09%, from $38.2M in 1999 to $120M in 2022.

In 2020, Luxembourg exported services to Greece worth $29.7M, with Other business services ($24M), Travel ($3.43M), and Transportation ($2.28M) being the largest in terms of value.

Comparison In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33),  and 57 in total exports ($55.7B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $186M to Luxembourg. The main products exported from Greece to Luxembourg were Petroleum Gas ($152M), Electricity ($12.4M), and Rolled Tobacco ($3.83M). During the last 23 years the exports of Greece to Luxembourg have increased at an annualized rate of 18.9%, from $3.46M in 1999 to $186M in 2022.

In 2022, Luxembourg exported $120M to Greece. The main products exported from Luxembourg to Greece were Petroleum Gas ($39.8M), Electricity ($13.6M), and Other Plastic Products ($6.85M). During the last 23 years the exports of Luxembourg to Greece have increased at an annualized rate of 5.09%, from $38.2M in 1999 to $120M in 2022.

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

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

Latest Data

Trade between Greece (Flag) and Luxembourg (Flag)

Greece Exports

Luxembourg Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Luxembourg
Top Destination
Germany$4.15B

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

In 2021, countries that imported more from Greece than Luxembourg were Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2021, countries that imported more from Luxembourg than Greece were Belgium ($2.09B), France ($3.07B), and Germany ($4.15B).

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

Comparative Advantage Greece - Luxembourg

Flow
Scale

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

During 2022, Greece had a large net trade with Luxembourg in the exports of Mineral Products ($166M), Foodstuffs ($5.53M), and Machines ($5.5M).

During 2022, Luxembourg had a large net trade with Greece in the exports of Mineral Products ($53.3M), Plastics and Rubbers ($19.1M), and Metals ($12.5M).

Service Trade

Bilateral Service Trade

In 2020, Greece exported services to Luxembourg worth $251M, with Other business services ($75.6M), Computer and information services ($61M), and Transportation ($43.5M) being the largest in terms of value.

In 2020, Luxembourg exported services to Greece worth $29.7M, with Other business services ($24M), Travel ($3.43M), and Transportation ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Luxembourg (Flag) to Greece (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 Greece has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Greece.

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

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