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2023
Flag → Flag
Exports $84MRnk 30 / 191
2023
Flag → Flag
Top Product $20.1MMetal Molds
2023
Flag → Flag
Exports $93.3MRnk 145 / 220
2023
Flag → Flag
Top Product $26.6MOxygen Heterocyclic Compounds
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Luxembourg-India Trade: In 2023, Luxembourg exported $84M to India. The main products that Luxembourg exported to India were Metal Molds ($20.1M), Rubberworking Machinery ($11.7M), and Liquid Fuel Furnaces ($5.89M). Over the past 5 years the exports of Luxembourg to India have decreased at an annualized rate of 6.79%, from $119M in 2018 to $84M in 2023.

In 2020, Luxembourg exported services to India worth $12.6M, with Transportation ($5.71M), Travel ($4.57M), and Other business services ($2.28M) being the largest in terms of value.

India-Luxembourg Trade: In 2023, India exported $93.3M to Luxembourg. The main products that India exported to Luxembourg were Oxygen Heterocyclic Compounds ($26.6M), Raw Tobacco ($10.3M), and Raw Aluminium ($9.84M). Over the past 5 years the exports of India to Luxembourg have increased at an annualized rate of 12%,  from $52.9M in 2018 to $93.3M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $84M to India. The main products exported from Luxembourg to India were Metal Molds ($20.1M), Rubberworking Machinery ($11.7M), and Liquid Fuel Furnaces ($5.89M). During the last 5 years the exports of Luxembourg to India have decreased at an annualized rate of 6.79%, from $119M in 2018 to $84M in 2023.

In 2018, India exported $93.3M to Luxembourg. The main products exported from India to Luxembourg were Oxygen Heterocyclic Compounds ($26.6M), Raw Tobacco ($10.3M), and Raw Aluminium ($9.84M). During the last 5 years the exports of India to Luxembourg have increased at an annualized rate of 12%, from $52.9M in 2023 to $93.3M in 2018.

Exports from Luxembourg (Flag) to India (Flag) (2023)

Exports from India (Flag) to Luxembourg (Flag) (2023)

Latest Data

Trade between Luxembourg (Flag) and India (Flag)

Luxembourg Exports

India Exports

Market Competitiveness

Color
Luxembourg
Top DestinationGermany$3.42B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Luxembourg than India included British Virgin Islands ($39.8M), Andorra ($2.95M), and Saint Pierre and Miquelon ($3.49k).

In 2023, countries that imported more from India than Luxembourg included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Luxembourg (Flag) (2023)

Comparative Advantage Luxembourg - India

Flow
Scale

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

During 2023, Luxembourg had a large net trade with India in the exports of Machines ($63.3M), Metals ($8.14M), and Plastics and Rubbers ($3.67M).

During 2018, India had a large net trade with Luxembourg in the exports of Chemical Products ($30.1M), Machines ($15.9M), and Metals ($11.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and India (Flag) (2023)

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