Thailand (THA) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

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Thailand-Luxembourg Trade: In 2022, Thailand exported $33.1M to Luxembourg. The main products that Thailand exported to Luxembourg were Spark-Ignition Engines ($4.75M), Rubber ($3.31M), and Electric Filament ($2.81M). Over the past 5 years the exports of Thailand to Luxembourg have increased at an annualized rate of 10.8%, from $19.8M in 2017 to $33.1M in 2022.

In 2022, Thailand did not export any services to Luxembourg.

Luxembourg-Thailand Trade: In 2022, Luxembourg exported $23.7M to Thailand. The main products that Luxembourg exported to Thailand were Iron Blocks ($5.48M), Rubberworking Machinery ($3.18M), and Metal Molds ($1.56M). Over the past 5 years the exports of Luxembourg to Thailand have increased at an annualized rate of 3.81%, from $15.7M in 2017 to $23.7M in 2022.

In 2020, Luxembourg exported services to Thailand worth $33.1M, with Transportation ($32M) and Other business services ($1.14M) being the largest in terms of value.

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $33.1M to Luxembourg. The main products exported from Thailand to Luxembourg were Spark-Ignition Engines ($4.75M), Rubber ($3.31M), and Electric Filament ($2.81M). During the last 5 years the exports of Thailand to Luxembourg have increased at an annualized rate of 10.8%, from $19.8M in 2017 to $33.1M in 2022.

In 2017, Luxembourg exported $23.7M to Thailand. The main products exported from Luxembourg to Thailand were Iron Blocks ($5.48M), Rubberworking Machinery ($3.18M), and Metal Molds ($1.56M). During the last 5 years the exports of Luxembourg to Thailand have increased at an annualized rate of 3.81%, from $15.7M in 2022 to $23.7M in 2017.

Exports from Thailand () to Luxembourg () (2022)

Exports from Luxembourg () to Thailand () (2022)

Latest Data

Trade between Thailand () and Luxembourg ()

Thailand Exports

Date

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from Thailand than Luxembourg included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Luxembourg than Thailand included France ($3.07B), Belgium ($2.09B), and Austria ($632M).

Difference in imports from Luxembourg () and Thailand () (2022)

Comparative Advantage Thailand - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Luxembourg in the exports of Machines ($12.8M), Plastics and Rubbers ($4.35M), and Precious Metals ($2.98M).

During 2017, Luxembourg had a large net trade with Thailand in the exports of Machines ($10.1M), Metals ($6.56M), and Plastics and Rubbers ($2.93M).

Bilateral Service Trade

Lux Year

In 2020, Luxembourg exported services to Thailand worth $33.1M, with Transportation ($32M) and Other business services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Luxembourg () to Thailand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Thailand () to Luxembourg () (2022)

Exports from Luxembourg () to Thailand () (2022)

Latest Data

Trade between Thailand () and Luxembourg ()

Thailand Exports

Luxembourg Exports

Market Competitiveness

Difference in imports from Luxembourg () and Thailand () (2022)

Comparative Advantage Thailand - Luxembourg

Bilateral Service Trade

Services Exports from Luxembourg () to Thailand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Thailand () and Luxembourg () (2022)

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