Luxembourg / North Macedonia

Luxembourg-North Macedonia Trade: In 2022, Luxembourg exported $55.8M to North Macedonia. The main products that Luxembourg exported to North Macedonia were Electricity ($53.1M), Rubber Tires ($620k), and Iron Blocks ($403k). Over the past 5 years the exports of Luxembourg to North Macedonia have increased at an annualized rate of 95.9%, from $1.94M in 2017 to $55.8M in 2022.

In 2022, Luxembourg did not export any services to North Macedonia.

North Macedonia-Luxembourg Trade: In 2022, North Macedonia exported $27.3M to Luxembourg. The main products that North Macedonia exported to Luxembourg were Electricity ($23.2M), Raw Tobacco ($2.38M), and Insulated Wire ($495k). Over the past 5 years the exports of North Macedonia to Luxembourg have increased at an annualized rate of 44.4%,  from $4.36M in 2017 to $27.3M in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).