Ireland-Luxembourg Trade: In 2022, Ireland exported $102M to Luxembourg. The main products that Ireland exported to Luxembourg were Liquid Pumps ($57.4M), Bovine Meat ($6.91M), and Computers ($5.92M). Over the past 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 7.81%, from $153M in 2017 to $102M in 2022.
In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) being the largest in terms of value.
Luxembourg-Ireland Trade: In 2022, Luxembourg exported $72.8M to Ireland. The main products that Luxembourg exported to Ireland were Cellulose Fibers Paper ($7.87M), Trailers and semi-trailers, not mechanically propelled vehicles ($6.96M), and Rubber Tires ($6.53M). Over the past 5 years the exports of Luxembourg to Ireland have increased at an annualized rate of 6.54%, from $53.1M in 2017 to $72.8M in 2022.
In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.
Comparison In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.