2022
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GDP
$82.3BCURRENT US$
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2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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GDP PC 
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Luxembourg-Romania Trade: In 2022, Luxembourg exported $155M to Romania. The main products that Luxembourg exported to Romania were Semi-Finished Iron ($16.3M), Rubber Tires ($10.8M), and Integrated Circuits ($8.94M). Over the past 5 years the exports of Luxembourg to Romania have increased at an annualized rate of 0.65%, from $150M in 2017 to $155M in 2022.

In 2020, Luxembourg exported services to Romania worth $91.4M, with Other business services ($72M), Transportation ($12.6M), and Travel ($6.85M) being the largest in terms of value.

Romania-Luxembourg Trade: In 2022, Romania exported $40.5M to Luxembourg. The main products that Romania exported to Luxembourg were Cars ($6.49M), Iron Wire ($4.82M), and Cold-Rolled Iron ($2.55M). Over the past 5 years the exports of Romania to Luxembourg have increased at an annualized rate of 9.6%,  from $25.6M in 2017 to $40.5M in 2022.

In 2020, Romania exported services to Luxembourg worth $439M, with Transportation ($134M), Computer and information services ($128M), and Other business services ($94.2M) 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $155M to Romania. The main products exported from Luxembourg to Romania were Semi-Finished Iron ($16.3M), Rubber Tires ($10.8M), and Integrated Circuits ($8.94M). During the last 5 years the exports of Luxembourg to Romania have increased at an annualized rate of 0.65%, from $150M in 2017 to $155M in 2022.

In 2017, Romania exported $40.5M to Luxembourg. The main products exported from Romania to Luxembourg were Cars ($6.49M), Iron Wire ($4.82M), and Cold-Rolled Iron ($2.55M). During the last 5 years the exports of Romania to Luxembourg have increased at an annualized rate of 9.6%, from $25.6M in 2022 to $40.5M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Romania (Flag)

Luxembourg Exports

Romania Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from Luxembourg than Romania included Hong Kong ($628M), Oman ($263M), and Belgium ($2.09B).

In 2022, countries that imported more from Romania than Luxembourg included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Luxembourg - Romania

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Romania in the exports of Machines ($61.8M), Metals ($25.4M), and Plastics and Rubbers ($22.5M).

During 2017, Romania had a large net trade with Luxembourg in the exports of Metals ($14.1M), Machines ($8.78M), and Transportation ($6.8M).

Bilateral Service Trade

In 2020, Luxembourg exported services to Romania worth $91.4M, with Other business services ($72M), Transportation ($12.6M), and Travel ($6.85M) being the largest in terms of value.

In 2020, Romania exported services to Luxembourg worth $439M, with Transportation ($134M), Computer and information services ($128M), and Other business services ($94.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg (Flag) to Romania (Flag) (2020)

Services Exports from Romania (Flag) to Luxembourg (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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