Luxembourg-Spain Trade: In 2023, Luxembourg exported $562M to Spain. The main products that Luxembourg exported to Spain were Rubber Tires ($42.3M), Coated Flat-Rolled Iron ($34.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($28.6M). Over the past 5 years the exports of Luxembourg to Spain have increased at an annualized rate of 0.23%, from $555M in 2018 to $562M in 2023.
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 2023, Spain exported $495M to Luxembourg. The main products that Spain exported to Luxembourg were Cars ($113M), Self-Propelled Rail Transport ($35.8M), and Delivery Trucks ($14.1M). Over the past 5 years the exports of Spain to Luxembourg have increased at an annualized rate of 7.31%, from $348M in 2018 to $495M in 2023.
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 2023, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).