Turkey (TUR) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

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Turkey-Luxembourg Trade: In 2023, Turkey exported $143M to Luxembourg. The main products that Turkey exported to Luxembourg were Rubber Tires ($21.3M), Jewellery ($13M), and Polyamide Fabric ($9.89M). Over the past 5 years the exports of Turkey to Luxembourg have increased at an annualized rate of 10.7%, from $85.8M in 2018 to $143M in 2023.

In 2009, Turkey exported services to Luxembourg worth $0, with being the largest in terms of value.

Luxembourg-Turkey Trade: In 2023, Luxembourg exported $322M to Turkey. The main products that Luxembourg exported to Turkey were Gold ($85.2M), Rubber Tires ($26.6M), and Planes, Helicopters, and/or Spacecraft ($21.6M). Over the past 5 years the exports of Luxembourg to Turkey have increased at an annualized rate of 9.49%, from $205M in 2018 to $322M in 2023.

In 2020, Luxembourg exported services to Turkey worth $131M, with Other business services ($87.9M), Transportation ($38.8M), and Travel ($4.57M) being the largest in terms of value.

Comparison In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Luxembourg ranked 82 in total exports ($18.9B), 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 2023, Turkey exported $143M to Luxembourg. The main products exported from Turkey to Luxembourg were Rubber Tires ($21.3M), Jewellery ($13M), and Polyamide Fabric ($9.89M). During the last 5 years the exports of Turkey to Luxembourg have increased at an annualized rate of 10.7%, from $85.8M in 2018 to $143M in 2023.

In 2018, Luxembourg exported $322M to Turkey. The main products exported from Luxembourg to Turkey were Gold ($85.2M), Rubber Tires ($26.6M), and Planes, Helicopters, and/or Spacecraft ($21.6M). During the last 5 years the exports of Luxembourg to Turkey have increased at an annualized rate of 9.49%, from $205M in 2023 to $322M in 2018.

Exports from Turkey () to Luxembourg () (2023)

Exports from Luxembourg () to Turkey () (2023)

Latest Data

Trade between Turkey () and Luxembourg ()

Turkey Exports

Date

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from Turkey than Luxembourg included Germany ($24.7B), United States ($15.9B), and United Arab Emirates ($14.7B).

In 2023, countries that imported more from Luxembourg than Turkey included Hong Kong ($960M), British Virgin Islands ($39.8M), and Saint Pierre and Miquelon ($3.49k).

Difference in imports from Luxembourg () and Turkey () (2023)

Comparative Advantage Turkey - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Luxembourg in the exports of Transportation ($32.1M), Plastics and Rubbers ($29.7M), and Textiles ($28M).

During 2018, Luxembourg had a large net trade with Turkey in the exports of Precious Metals ($85.2M), Plastics and Rubbers ($55.6M), and Chemical Products ($49.4M).

Bilateral Service Trade

Lux Year

In 2009, Turkey exported services to Luxembourg worth $0, with being the largest in terms of value.

In 2020, Luxembourg exported services to Turkey worth $131M, with Other business services ($87.9M), Transportation ($38.8M), and Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Luxembourg () (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Luxembourg () (2023)

Exports from Luxembourg () to Turkey () (2023)

Latest Data

Trade between Turkey () and Luxembourg ()

Turkey Exports

Luxembourg Exports

Market Competitiveness

Difference in imports from Luxembourg () and Turkey () (2023)

Comparative Advantage Turkey - Luxembourg

Bilateral Service Trade

Services Exports from Turkey () to Luxembourg () (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Luxembourg () (2023)

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