Luxembourg / Russia

Luxembourg-Russia Trade: In 2022, Luxembourg exported $51.9M to Russia. The main products that Luxembourg exported to Russia were Other Coloring Matter ($7.33M), Cellulose Fibers Paper ($6.12M), and Self-adhesive Plastics ($5.5M). Over the past 5 years the exports of Luxembourg to Russia have decreased at an annualized rate of 22.7%, from $188M in 2017 to $51.9M in 2022.

In 2020, Luxembourg exported services to Russia worth $50.3M, with Transportation ($24M), Other business services ($22.8M), and Travel ($3.43M) being the largest in terms of value.

Russia-Luxembourg Trade: In 2022, Russia exported $36.2M to Luxembourg. The main products that Russia exported to Luxembourg were Raw Aluminium ($11.9M), Carbon ($11.6M), and Plywood ($3.31M). Over the past 5 years the exports of Russia to Luxembourg have decreased at an annualized rate of 17.6%,  from $95.3M in 2017 to $36.2M in 2022.

In 2020, Russia exported services to Luxembourg worth $245M, with Other business services ($86.6M), Transportation ($83.3M), and Royalties and license fees ($27.4M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).