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).