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).