Luxembourg / Norway

Luxembourg-Norway Trade: In 2022, Luxembourg exported $124M to Norway. The main products that Luxembourg exported to Norway were Iron Blocks ($37.4M), Iron Sheet Piling ($33M), and Semi-Finished Iron ($5.09M). Over the past 5 years the exports of Luxembourg to Norway have increased at an annualized rate of 9.01%, from $80.5M in 2017 to $124M in 2022.

In 2020, Luxembourg exported services to Norway worth $54.8M, with Other business services ($33.1M), Transportation ($20.6M), and Travel ($1.14M) being the largest in terms of value.

Norway-Luxembourg Trade: In 2022, Norway exported $44.5M to Luxembourg. The main products that Norway exported to Luxembourg were Ferroalloys ($6.59M), Weapons Parts and Accessories ($4.88M), and Telephones ($3.35M). Over the past 5 years the exports of Norway to Luxembourg have decreased at an annualized rate of 1.48%,  from $47.9M in 2017 to $44.5M in 2022.

In 2009, Norway exported services to Luxembourg worth $143M, with Transportation ($92.2M), Other business services ($38.2M), and Computer and information services ($5.27M) 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).