Luxembourg / Belarus

Luxembourg-Belarus Trade: In 2023, Luxembourg exported $1.05M to Belarus. The main products that Luxembourg exported to Belarus were Cars ($435k), Animal Food ($334k), and Nonaqueous Paints ($202k). Over the past 5 years the exports of Luxembourg to Belarus have decreased at an annualized rate of 37.2%, from $10.8M in 2018 to $1.05M in 2023.

In 2023, Luxembourg did not export any services to Belarus.

Belarus-Luxembourg Trade: In 2023, Belarus exported $1.24M to Luxembourg. The main products that Belarus exported to Luxembourg were Other Plastic Products ($816k), Iron Wire ($139k), and Metal Molds ($119k). Over the past 5 years the exports of Belarus to Luxembourg have decreased at an annualized rate of 4.06%,  from $1.88M in 2018 to $1.24M in 2023.

In 2014, Belarus exported services to Luxembourg worth $7.33M, with Computer and information services ($7.31M), Royalties and license fees ($9.5k), and Insurance services ($4.71k) being the largest in terms of value.

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).