2023
Flag  
GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC 
$128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Luxembourg-United States Trade: In 2023, Luxembourg exported $678M to United States. The main products that Luxembourg exported to United States were Iron Sheet Piling ($104M), Iron Blocks ($73.4M), and Non-woven Textiles ($56.6M). Over the past 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.63%, from $515M in 2018 to $678M in 2023.

In 2020, Luxembourg exported services to United States worth $1.11B, with Other business services ($777M), Transportation ($320M), and Travel ($9.14M) being the largest in terms of value.

United States-Luxembourg Trade: In 2023, United States exported $1B to Luxembourg. The main products that United States exported to Luxembourg were Planes, Helicopters, and/or Spacecraft ($294M), Aircraft parts (gliders, balloons, and powered aircraft) ($113M), and Vaccines, blood, antisera, toxins and cultures ($45.5M). Over the past 5 years the exports of United States to Luxembourg have increased at an annualized rate of 2.35%,  from $890M in 2018 to $1B in 2023.

In 2017, United States exported services to Luxembourg worth $10.8B, with Financial services ($7.97B), Other business services ($1.3B), and Royalties and license fees ($932M) being the largest in terms of value.

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $678M to United States. The main products exported from Luxembourg to United States were Iron Sheet Piling ($104M), Iron Blocks ($73.4M), and Non-woven Textiles ($56.6M). During the last 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.63%, from $515M in 2018 to $678M in 2023.

In 2018, United States exported $1B to Luxembourg. The main products exported from United States to Luxembourg were Planes, Helicopters, and/or Spacecraft ($294M), Aircraft parts (gliders, balloons, and powered aircraft) ($113M), and Vaccines, blood, antisera, toxins and cultures ($45.5M). During the last 5 years the exports of United States to Luxembourg have increased at an annualized rate of 2.35%, from $890M in 2023 to $1B in 2018.

Exports from Luxembourg (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Luxembourg (Flag) (2023)

Latest Data

Trade between Luxembourg (Flag) and United States (Flag)

Luxembourg Exports

United States Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$3.42B
United States
Top Destination
Canada$269B

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

In 2023, countries that imported more from Luxembourg than United States included Guam ($22.7k).

In 2023, countries that imported more from United States than Luxembourg included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Luxembourg (Flag) (2023)

Comparative Advantage Luxembourg - United States

Flow
Scale

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

During 2023, Luxembourg had a large net trade with United States in the exports of Metals ($318M), Machines ($116M), and Textiles ($69.1M).

During 2018, United States had a large net trade with Luxembourg in the exports of Transportation ($440M), Machines ($247M), and Chemical Products ($91.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and United States (Flag) (2023)

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