2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Luxembourg-Ukraine Trade: In 2022, Luxembourg exported $12.5M to Ukraine. The main products that Luxembourg exported to Ukraine were Rubber Tires ($1.3M), Cellulose Fibers Paper ($1.11M), and Other Plastic Sheetings ($1.07M). Over the past 5 years the exports of Luxembourg to Ukraine have decreased at an annualized rate of 22.8%, from $45.7M in 2017 to $12.5M in 2022.

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

Ukraine-Luxembourg Trade: In 2022, Ukraine exported $50.1M to Luxembourg. The main products that Ukraine exported to Luxembourg were Ferroalloys ($35.8M), Iron Wire ($3.62M), and Fuel Wood ($1.9M). Over the past 5 years the exports of Ukraine to Luxembourg have increased at an annualized rate of 1.06%,  from $47.5M in 2017 to $50.1M in 2022.

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

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $12.5M to Ukraine. The main products exported from Luxembourg to Ukraine were Rubber Tires ($1.3M), Cellulose Fibers Paper ($1.11M), and Other Plastic Sheetings ($1.07M). During the last 5 years the exports of Luxembourg to Ukraine have decreased at an annualized rate of 22.8%, from $45.7M in 2017 to $12.5M in 2022.

In 2017, Ukraine exported $50.1M to Luxembourg. The main products exported from Ukraine to Luxembourg were Ferroalloys ($35.8M), Iron Wire ($3.62M), and Fuel Wood ($1.9M). During the last 5 years the exports of Ukraine to Luxembourg have increased at an annualized rate of 1.06%, from $47.5M in 2022 to $50.1M in 2017.

Exports from Luxembourg (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Luxembourg (Flag) (2022)

Latest Data

Trade between Luxembourg (Flag) and Ukraine (Flag)

Luxembourg Exports

Ukraine Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Luxembourg than Ukraine included France ($3.07B), Germany ($4.15B), and Belgium ($2.09B).

In 2022, countries that imported more from Ukraine than Luxembourg included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine (Flag) and Luxembourg (Flag) (2022)

Comparative Advantage Luxembourg - Ukraine

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Ukraine in the exports of Plastics and Rubbers ($4.12M), Metals ($2.97M), and Paper Goods ($1.11M).

During 2017, Ukraine had a large net trade with Luxembourg in the exports of Metals ($40.3M), Wood Products ($4.34M), and Machines ($2.49M).

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and Ukraine (Flag) (2022)

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