2023
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GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$85.8BCURRENT US$
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2013-2023
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GDP GROWTH
31.5%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
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GDP PC GROWTH
-17.4%CURRENT US$
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2023
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GDP PC
$128,678CURRENT US$
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GDP PC GROWTH
7.23%CURRENT US$
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About

Japan-Luxembourg Trade: In 2023, Japan exported $488M to Luxembourg. The main products that Japan exported to Luxembourg were Lifting Machinery ($111M), Electrical Control Boards ($78.7M), and Machinery Having Individual Functions ($44.1M). Over the past 5 years the exports of Japan to Luxembourg have decreased at an annualized rate of 1.32%, from $522M in 2018 to $488M in 2023.

In 2009, Japan exported services to Luxembourg worth $469M, with Services not allocated ($234M), Financial services ($193M), and Other business services ($17.3M) being the largest in terms of value.

Luxembourg-Japan Trade: In 2023, Luxembourg exported $86.3M to Japan. The main products that Luxembourg exported to Japan were Non-woven Textiles ($40.1M), Raw Plastic Sheeting ($2.81M), and Valves ($2.71M). Over the past 5 years the exports of Luxembourg to Japan have decreased at an annualized rate of 2.49%,  from $97.9M in 2018 to $86.3M in 2023.

In 2020, Luxembourg exported services to Japan worth $62.8M, with Transportation ($50.3M), Other business services ($10.3M), and Travel ($2.28M) being the largest in terms of value.

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan exported $488M to Luxembourg. The main products exported from Japan to Luxembourg were Lifting Machinery ($111M), Electrical Control Boards ($78.7M), and Machinery Having Individual Functions ($44.1M). During the last 5 years the exports of Japan to Luxembourg have decreased at an annualized rate of 1.32%, from $522M in 2018 to $488M in 2023.

In 2018, Luxembourg exported $86.3M to Japan. The main products exported from Luxembourg to Japan were Non-woven Textiles ($40.1M), Raw Plastic Sheeting ($2.81M), and Valves ($2.71M). During the last 5 years the exports of Luxembourg to Japan have decreased at an annualized rate of 2.49%, from $97.9M in 2023 to $86.3M in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Japan than Luxembourg included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Luxembourg than Japan included British Virgin Islands ($39.8M), San Marino ($193k), and Chad ($925k).

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

Comparative Advantage Japan - Luxembourg

Flow
Scale

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

During 2023, Japan had a large net trade with Luxembourg in the exports of Machines ($399M), Transportation ($27.8M), and Plastics and Rubbers ($20.3M).

During 2018, Luxembourg had a large net trade with Japan in the exports of Textiles ($43.7M), Machines ($14.5M), and Plastics and Rubbers ($8.99M).

Bilateral Service Trade

In 2009, Japan exported services to Luxembourg worth $469M, with Services not allocated ($234M), Financial services ($193M), and Other business services ($17.3M) being the largest in terms of value.

In 2020, Luxembourg exported services to Japan worth $62.8M, with Transportation ($50.3M), Other business services ($10.3M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to Luxembourg (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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