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2022
Flag → Flag
Exports $785kRnk 141 / 196
2022
Flag → Flag
Top Product $469kNonaqueous Paints
2022
Flag → Flag
Exports $749kRnk 86 / 127
2022
Flag → Flag
Top Product $220kOther Measuring Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Luxembourg-Iran Trade: In 2022, Luxembourg exported $785k to Iran. The main products that Luxembourg exported to Iran were Nonaqueous Paints ($469k), Beauty Products ($312k), and Microphones and Headphones ($1.79k). Over the past 5 years the exports of Luxembourg to Iran have decreased at an annualized rate of 56%, from $47.4M in 2017 to $785k in 2022.

In 2022, Luxembourg did not export any services to Iran.

Iran-Luxembourg Trade: In 2022, Iran exported $749k to Luxembourg. The main products that Iran exported to Luxembourg were Other Measuring Instruments ($220k), Butter ($150k), and Chocolate ($85.2k). Over the past 5 years the exports of Iran to Luxembourg have decreased at an annualized rate of 4.91%,  from $964k in 2017 to $749k in 2022.

In 2022, Iran did not export any services to Luxembourg.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $785k to Iran. The main products exported from Luxembourg to Iran were Nonaqueous Paints ($469k), Beauty Products ($312k), and Microphones and Headphones ($1.79k). During the last 5 years the exports of Luxembourg to Iran have decreased at an annualized rate of 56%, from $47.4M in 2017 to $785k in 2022.

In 2017, Iran exported $749k to Luxembourg. The main products exported from Iran to Luxembourg were Other Measuring Instruments ($220k), Butter ($150k), and Chocolate ($85.2k). During the last 5 years the exports of Iran to Luxembourg have decreased at an annualized rate of 4.91%, from $964k in 2022 to $749k in 2017.

Exports from Luxembourg (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to Luxembourg (Flag) (2022)

Latest Data

Trade between Luxembourg (Flag) and Iran (Flag)

Luxembourg Exports

Market Competitiveness

Color
Luxembourg
Top DestinationGermany$4.15B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Luxembourg than Iran included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from Iran than Luxembourg included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

Difference in imports from Iran (Flag) and Luxembourg (Flag) (2022)

Comparative Advantage Luxembourg - Iran

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Iran in the exports of Chemical Products ($781k), Machines ($3.49k), and Textiles ($1.15k).

During 2017, Iran had a large net trade with Luxembourg in the exports of Instruments ($221k), Animal Products ($195k), and Foodstuffs ($149k).

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and Iran (Flag) (2022)

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