Luxembourg / Ireland

Luxembourg-Ireland Trade: In 2023, Luxembourg exported $74.7M to Ireland. The main products that Luxembourg exported to Ireland were Cellulose Fibers Paper ($11.5M), Iron Blocks ($6.89M), and Trailers and semi-trailers, not mechanically propelled vehicles ($6.4M). Over the past 5 years the exports of Luxembourg to Ireland have decreased at an annualized rate of 3.06%, from $87.3M in 2018 to $74.7M in 2023.

In 2020, Luxembourg exported services to Ireland worth $713M, with Other business services ($472M), Transportation ($238M), and Travel ($3.43M) being the largest in terms of value.

Ireland-Luxembourg Trade: In 2023, Ireland exported $113M to Luxembourg. The main products that Ireland exported to Luxembourg were Liquid Pumps ($57.9M), Computers ($7.69M), and Machinery Having Individual Functions ($6.41M). Over the past 5 years the exports of Ireland to Luxembourg have decreased at an annualized rate of 9.07%,  from $181M in 2018 to $113M in 2023.

In 2020, Ireland exported services to Luxembourg worth $2.9B, with Financial services ($2.3B), Other business services ($538M), and Insurance services ($48M) 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).