2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
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2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
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About

Luxembourg-United States Trade: In 2022, Luxembourg exported $597M to United States. The main products that Luxembourg exported to United States were Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). Over the past 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.48%, from $457M in 2017 to $597M in 2022.

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 2022, United States exported $854M to Luxembourg. The main products that United States exported to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). Over the past 5 years the exports of United States to Luxembourg have decreased at an annualized rate of 7.66%,  from $1.27B in 2017 to $854M in 2022.

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 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $597M to United States. The main products exported from Luxembourg to United States were Iron Sheet Piling ($77.2M), Iron Blocks ($58.6M), and Non-woven Textiles ($52.9M). During the last 5 years the exports of Luxembourg to United States have increased at an annualized rate of 5.48%, from $457M in 2017 to $597M in 2022.

In 2017, United States exported $854M to Luxembourg. The main products exported from United States to Luxembourg were Gas Turbines ($122M), Paintings ($78.5M), and Machinery Having Individual Functions ($40.4M). During the last 5 years the exports of United States to Luxembourg have decreased at an annualized rate of 7.66%, from $1.27B in 2022 to $854M in 2017.

Exports from Luxembourg (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Luxembourg (Flag) (2022)

Latest Data

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

Luxembourg Exports

United States Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
United States
Top Destination
Canada$308B

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 2022, countries that imported more from Luxembourg than United States included Guam ($146k), Northern Mariana Islands ($1.19k), and American Samoa ($67).

In 2022, countries that imported more from United States than Luxembourg included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Luxembourg (Flag) (2022)

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 2022, Luxembourg had a large net trade with United States in the exports of Metals ($253M), Machines ($122M), and Textiles ($62M).

During 2017, United States had a large net trade with Luxembourg in the exports of Machines ($373M), Plastics and Rubbers ($116M), and Arts and Antiques ($86.5M).

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) (2022)

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