Luxembourg / Hong Kong

Luxembourg-Hong Kong Trade: In 2023, Luxembourg exported $960M to Hong Kong. The main products that Luxembourg exported to Hong Kong were Gas Turbines ($762M), Paintings ($70.8M), and Other Plastic Products ($35.4M). Over the past 5 years the exports of Luxembourg to Hong Kong have increased at an annualized rate of 43.5%, from $158M in 2018 to $960M in 2023.

In 2020, Luxembourg exported services to Hong Kong worth $716M, with Transportation ($708M) and Other business services ($8M) being the largest in terms of value.

Hong Kong-Luxembourg Trade: In 2023, Hong Kong exported $106M to Luxembourg. The main products that Hong Kong exported to Luxembourg were Gas Turbines ($91M), Other Coloring Matter ($4.08M), and Cars ($1.68M). Over the past 5 years the exports of Hong Kong to Luxembourg have increased at an annualized rate of 42.8%,  from $17.7M in 2018 to $106M in 2023.

In 2023, Hong Kong did not export any services to Luxembourg.

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).