Luxembourg / Japan

Luxembourg-Japan Trade: In 2022, Luxembourg exported $91.6M to Japan. The main products that Luxembourg exported to Japan were Non-woven Textiles ($42M), Valves ($6.77M), and Raw Plastic Sheeting ($4.88M). Over the past 5 years the exports of Luxembourg to Japan have increased at an annualized rate of 5.58%, from $69.8M in 2017 to $91.6M in 2022.

In 2020, Luxembourg exported services to Japan worth $62.8M, with Transportation ($50.3M), Other business services ($10.3M), and Travel ($2.28M) being the largest in terms of value.

Japan-Luxembourg Trade: In 2022, Japan exported $701M to Luxembourg. The main products that Japan exported to Luxembourg were Machinery Having Individual Functions ($243M), Lifting Machinery ($123M), and Electrical Control Boards ($51.1M). Over the past 5 years the exports of Japan to Luxembourg have decreased at an annualized rate of 1.89%,  from $772M in 2017 to $701M in 2022.

In 2009, Japan exported services to Luxembourg worth $469M, with Services not allocated ($234M), Financial services ($193M), and Other business services ($17.3M) being the largest in terms of value.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).