2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 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
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Luxembourg-Spain Trade: In 2022, Luxembourg exported $607M to Spain. The main products that Luxembourg exported to Spain were Refined Copper ($31.7M), Rubber Tires ($31.1M), and Coated Flat-Rolled Iron ($27.6M). Over the past 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 4.67%, from $483M in 2017 to $607M in 2022.

In 2020, Luxembourg exported services to Spain worth $1.94B, with Other business services ($1.86B), Transportation ($69.7M), and Travel ($14.8M) being the largest in terms of value.

Spain-Luxembourg Trade: In 2022, Spain exported $389M to Luxembourg. The main products that Spain exported to Luxembourg were Cars ($58.4M), Float Glass ($13M), and Vinyl Chloride Polymers ($12M). Over the past 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 3.36%,  from $330M in 2017 to $389M in 2022.

In 2009, Spain exported services to Luxembourg worth $1.58B, with Services not allocated ($1.11B), Travel ($386M), and Transportation ($86.4M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $607M to Spain. The main products exported from Luxembourg to Spain were Refined Copper ($31.7M), Rubber Tires ($31.1M), and Coated Flat-Rolled Iron ($27.6M). During the last 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 4.67%, from $483M in 2017 to $607M in 2022.

In 2017, Spain exported $389M to Luxembourg. The main products exported from Spain to Luxembourg were Cars ($58.4M), Float Glass ($13M), and Vinyl Chloride Polymers ($12M). During the last 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 3.36%, from $330M in 2022 to $389M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Spain (Flag)

Luxembourg Exports

Spain Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Luxembourg than Spain included Kiribati ($26.8k).

In 2022, countries that imported more from Spain than Luxembourg included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Luxembourg - Spain

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Spain in the exports of Metals ($172M), Plastics and Rubbers ($99.1M), and Machines ($71.8M).

During 2017, Spain had a large net trade with Luxembourg in the exports of Transportation ($84.9M), Plastics and Rubbers ($44.2M), and Metals ($44.2M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with