Austria (AUT) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

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Austria-Luxembourg In 2022, Austria exported $215M to Luxembourg. The main products that Austria exported to Luxembourg are Iron Railway Products ($16.8M), Cars ($7.11M), and Other Engines ($7.07M). During the last 23 years the exports of Austria to Luxembourg have increased at an annualized rate of 2.64%, from $118M in 1999 to $215M in 2022.

In 2020, Austria exported services to Luxembourg worth $594M, with Transportation ($202M), Other business services ($115M), and Financial services ($73.1M) being the largest in terms of value.

Luxembourg-Austria In 2022, Luxembourg exported $632M to Austria. The main products that Luxembourg exported to Austria were Iron Blocks ($66.5M), Raw Zinc ($62M), and Carbides ($31.9M). During the last 23 years the exports of Luxembourg to Austria have increased at an annualized rate of 6.75%, from $141M in 1999 to $632M in 2022.

In 2020, Luxembourg exported services to Austria worth $118M, with Transportation ($61.7M), Other business services ($50.3M), and Travel ($5.71M) being the largest in terms of value.

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). 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, Austria exported $215M to Luxembourg. The main products exported from Austria to Luxembourg were Iron Railway Products ($16.8M), Cars ($7.11M), and Other Engines ($7.07M). During the last 23 years the exports of Austria to Luxembourg have increased at an annualized rate of 2.64%, from $118M in 1999 to $215M in 2022.

In 2022, Luxembourg exported $632M to Austria. The main products exported from Luxembourg to Austria were Iron Blocks ($66.5M), Raw Zinc ($62M), and Carbides ($31.9M). During the last 23 years the exports of Luxembourg to Austria have increased at an annualized rate of 6.75%, from $141M in 1999 to $632M in 2022.

Exports from Austria () to Luxembourg () (2022)

Exports from Luxembourg () to Austria () (2022)

Latest Data

Trade between Austria () and Luxembourg ()

Austria Exports

Date

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Luxembourg
Top DestinationGermany$4.15B

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

In 2021, countries that imported more from Austria than Luxembourg were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Luxembourg than Austria were Oman ($263M), Hong Kong ($628M), and Democratic Republic of the Congo ($20.3M).

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

Comparative Advantage Austria - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Luxembourg in the exports of Machines ($54.4M), Metals ($43.9M), and Chemical Products ($20.6M).

During 2022, Luxembourg had a large net trade with Austria in the exports of Metals ($323M), Chemical Products ($55.6M), and Plastics and Rubbers ($51.1M).

Service Trade

Bilateral Service Trade

Lux Year

Aut Year

In 2020, Austria exported services to Luxembourg worth $594M, with Transportation ($202M), Other business services ($115M), and Financial services ($73.1M) being the largest in terms of value.

In 2020, Luxembourg exported services to Austria worth $118M, with Transportation ($61.7M), Other business services ($50.3M), and Travel ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Austria has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Luxembourg () (2022)

Exports from Luxembourg () to Austria () (2022)

Latest Data

Trade between Austria () and Luxembourg ()

Austria Exports

Luxembourg Exports

Market Competitiveness

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

Comparative Advantage Austria - Luxembourg

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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