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2023
Flag → Flag
Exports $6.8MRnk 6 / 82
2023
Flag → Flag
Top Product $2.26MSemiconductor Devices
2023
Flag → Flag
Exports $122Rnk 9 / 0
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

North Korea-Luxembourg Trade: In 2023, North Korea exported $6.8M to Luxembourg. The main products that North Korea exported to Luxembourg were Semiconductor Devices ($2.26M), Video Displays ($2.17M), and Broadcasting Equipment ($1.3M). Over the past 5 years the exports of North Korea to Luxembourg have increased at an annualized rate of 41.9%, from $1.18M in 2018 to $6.8M in 2023.

In 2023, North Korea did not export any services to Luxembourg.

Luxembourg-North Korea Trade: In 2023, Luxembourg exported $122 to North Korea. The main products that Luxembourg exported to North Korea were N/A. Over the past 5 years the exports of Luxembourg to North Korea have decreased at an annualized rate of 61.6%,  from $14.6k in 2018 to $122 in 2023.

In 2023, Luxembourg did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $6.8M to Luxembourg. The main products exported from North Korea to Luxembourg were Semiconductor Devices ($2.26M), Video Displays ($2.17M), and Broadcasting Equipment ($1.3M). During the last 5 years the exports of North Korea to Luxembourg have increased at an annualized rate of 41.9%, from $1.18M in 2018 to $6.8M in 2023.

In 2016, Luxembourg exported $122 to North Korea. There were not main exports from Luxembourg to North Korea in 2016. During the last 5 years the exports of Luxembourg to North Korea have decreased at an annualized rate of 61.6%, from $14.6k in 2021 to $122 in 2016.

Exports from North Korea (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
North Korea
Top DestinationChina$292M
Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from North Korea than Luxembourg included China ($292M), Angola ($10.2M), and Senegal ($10.3M).

In 2023, countries that imported more from Luxembourg than North Korea included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

Difference in imports from Luxembourg (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Luxembourg

Flow
Scale

This chart compares trade between North Korea and Luxembourg by product, considering products traded by both, North Korea and Luxembourg.

During 2023, North Korea had a large net trade with Luxembourg in the exports of Machines ($6.64M), Foodstuffs ($61.2k), and Instruments ($44.3k).

During 2016, Luxembourg had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Luxembourg (Flag) (2023)

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