Luxembourg-United Kingdom Trade: In 2023, Luxembourg exported $732M to United Kingdom. The main products that Luxembourg exported to United Kingdom were Gas Turbines ($102M), Non-woven Textiles ($74.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($66.6M). Over the past 5 years the exports of Luxembourg to United Kingdom have increased at an annualized rate of 4.9%, from $576M in 2018 to $732M in 2023.
In 2020, Luxembourg exported services to United Kingdom worth $8.77B, with Other business services ($8.42B), Transportation ($198M), and Travel ($150M) being the largest in terms of value.
United Kingdom-Luxembourg Trade: In 2023, United Kingdom exported $696M to Luxembourg. The main products that United Kingdom exported to Luxembourg were Gas Turbines ($339M), Cars ($91M), and Raw Plastic Sheeting ($46.2M). Over the past 5 years the exports of United Kingdom to Luxembourg have increased at an annualized rate of 12.6%, from $385M in 2018 to $696M in 2023.
In 2019, United Kingdom exported services to Luxembourg worth $2.24B, with Other business services ($1.97B), Travel ($105M), and Insurance services ($89.2M) 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).