Luxembourg / Sweden

Luxembourg-Sweden Trade: In 2022, Luxembourg exported $289M to Sweden. The main products that Luxembourg exported to Sweden were Coated Flat-Rolled Iron ($56.4M), Rubber Tires ($33.1M), and Iron Blocks ($30.7M). Over the past 5 years the exports of Luxembourg to Sweden have decreased at an annualized rate of 2.21%, from $323M in 2017 to $289M in 2022.

In 2020, Luxembourg exported services to Sweden worth $228M, with Other business services ($184M), Transportation ($40M), and Travel ($4.57M) being the largest in terms of value.

Sweden-Luxembourg Trade: In 2022, Sweden exported $122M to Luxembourg. The main products that Sweden exported to Luxembourg were Vinyl Chloride Polymers ($17.2M), Cars ($16.2M), and Glass Working Machines ($15.6M). Over the past 5 years the exports of Sweden to Luxembourg have decreased at an annualized rate of 5.91%,  from $175M in 2017 to $122M in 2022.

In 2020, Sweden exported services to Luxembourg worth $567M, with Other business services ($289M), Financial services ($114M), and Insurance services ($31.8M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).