2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Luxembourg-Belarus Trade: In 2022, Luxembourg exported $623k to Belarus. The main products that Luxembourg exported to Belarus were Nonaqueous Paints ($147k), Delivery Trucks ($78.9k), and Beauty Products ($61k). Over the past 5 years the exports of Luxembourg to Belarus have decreased at an annualized rate of 39.9%, from $7.96M in 2017 to $623k in 2022.

In 2022, Luxembourg did not export any services to Belarus.

Belarus-Luxembourg Trade: In 2022, Belarus exported $1.01M to Luxembourg. The main products that Belarus exported to Luxembourg were Other Plastic Products ($644k), Plywood ($104k), and Iron Wire ($89.3k). Over the past 5 years the exports of Belarus to Luxembourg have decreased at an annualized rate of 19.4%,  from $2.98M in 2017 to $1.01M in 2022.

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 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $623k to Belarus. The main products exported from Luxembourg to Belarus were Nonaqueous Paints ($147k), Delivery Trucks ($78.9k), and Beauty Products ($61k). During the last 5 years the exports of Luxembourg to Belarus have decreased at an annualized rate of 39.9%, from $7.96M in 2017 to $623k in 2022.

In 2017, Belarus exported $1.01M to Luxembourg. The main products exported from Belarus to Luxembourg were Other Plastic Products ($644k), Plywood ($104k), and Iron Wire ($89.3k). During the last 5 years the exports of Belarus to Luxembourg have decreased at an annualized rate of 19.4%, from $2.98M in 2022 to $1.01M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Belarus (Flag)

Luxembourg Exports

Belarus Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Luxembourg than Belarus included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from Belarus than Luxembourg included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

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

Comparative Advantage Luxembourg - Belarus

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Belarus in the exports of Chemical Products ($208k), Machines ($147k), and Transportation ($115k).

During 2017, Belarus had a large net trade with Luxembourg in the exports of Plastics and Rubbers ($646k), Wood Products ($124k), and Metals ($93.3k).

Economic Complexity

Competitive Landscape

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

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

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