2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Luxembourg-Czechia Trade: In 2022, Luxembourg exported $284M to Czechia. The main products that Luxembourg exported to Czechia were Valves ($26.5M), Electricity ($24.1M), and Polyamide Fabric ($16.1M). Over the past 5 years the exports of Luxembourg to Czechia have increased at an annualized rate of 1.98%, from $257M in 2017 to $284M in 2022.

In 2020, Luxembourg exported services to Czechia worth $76.5M, with Other business services ($60.5M), Transportation ($12.6M), and Travel ($3.43M) being the largest in terms of value.

Czechia-Luxembourg Trade: In 2022, Czechia exported $386M to Luxembourg. The main products that Czechia exported to Luxembourg were Cars ($73.9M), Electricity ($70.7M), and Synthetic Rubber ($21.6M). Over the past 5 years the exports of Czechia to Luxembourg have increased at an annualized rate of 6.32%,  from $284M in 2017 to $386M in 2022.

In 2019, Czechia exported services to Luxembourg worth $167M, with Computer and information services ($68.6M), Transportation ($37.5M), and Other business services ($26.5M) 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $284M to Czechia. The main products exported from Luxembourg to Czechia were Valves ($26.5M), Electricity ($24.1M), and Polyamide Fabric ($16.1M). During the last 5 years the exports of Luxembourg to Czechia have increased at an annualized rate of 1.98%, from $257M in 2017 to $284M in 2022.

In 2017, Czechia exported $386M to Luxembourg. The main products exported from Czechia to Luxembourg were Cars ($73.9M), Electricity ($70.7M), and Synthetic Rubber ($21.6M). During the last 5 years the exports of Czechia to Luxembourg have increased at an annualized rate of 6.32%, from $284M in 2022 to $386M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Czechia (Flag)

Luxembourg Exports

Czechia Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Luxembourg than Czechia included Hong Kong ($628M), Oman ($263M), and Democratic Republic of the Congo ($20.3M).

In 2022, countries that imported more from Czechia than Luxembourg included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Luxembourg - Czechia

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Czechia in the exports of Machines ($69.8M), Metals ($64.2M), and Plastics and Rubbers ($35.1M).

During 2017, Czechia had a large net trade with Luxembourg in the exports of Transportation ($81.3M), Mineral Products ($71.5M), and Machines ($67.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Luxembourg Czechia+N/AN/A
Top Product Potential Czechia Luxembourg+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Luxembourg exported services to Czechia worth $76.5M, with Other business services ($60.5M), Transportation ($12.6M), and Travel ($3.43M) being the largest in terms of value.

In 2019, Czechia exported services to Luxembourg worth $167M, with Computer and information services ($68.6M), Transportation ($37.5M), and Other business services ($26.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Czechia (Flag) to Luxembourg (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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