Luxembourg / Finland

Luxembourg-Finland Trade: In 2022, Luxembourg exported $122M to Finland. The main products that Luxembourg exported to Finland were Iron Blocks ($22.4M), Coated Flat-Rolled Iron ($20M), and Hot-Rolled Iron ($13.1M). Over the past 5 years the exports of Luxembourg to Finland have increased at an annualized rate of 6.76%, from $88.3M in 2017 to $122M in 2022.

In 2020, Luxembourg exported services to Finland worth $103M, with Other business services ($90.2M), Transportation ($10.3M), and Travel ($2.28M) being the largest in terms of value.

Finland-Luxembourg Trade: In 2022, Finland exported $69.3M to Luxembourg. The main products that Finland exported to Luxembourg were Enzymes ($13M), Industrial Fatty Acids, Oils and Alcohols ($9.66M), and Raw Zinc ($8.91M). Over the past 5 years the exports of Finland to Luxembourg have increased at an annualized rate of 17.1%,  from $31.4M in 2017 to $69.3M in 2022.

In 2020, Finland exported services to Luxembourg worth $104M, with Other business services ($38.8M), Financial services ($33.1M), and Transportation ($11.4M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).