Tendata Statistics Luxembourg Export Data in 2023

tendata blogExport News

ten data blog13-05-2024

Luxembourg export data provided by Tendata indicates that Luxembourg exported goods worth $17.2 billion globally in 2023. This marks a 2.1% increase in export revenue compared to $16.8 billion in 2022.


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Top Trade Partners of Luxembourg

The latest Luxembourg export data shows that over three-quarters (78.8%) of Luxembourg's exported products are purchased by importers from the following countries:

Luxembourg export data provided by Tendata indicates that from a continental perspective, approximately 84.3% of Luxembourg's exports in 2023 were sold to other European countries, while 7.8% went to importers in Asia. Luxembourg also exported an additional 5.1% of its goods to North America. Smaller proportions went to Africa (1.28%), Latin America (1.26%), and then Oceania (0.2%), with Australia and New Zealand being the main destinations.


Top 10 Exported Products from Luxembourg

The latest Luxembourg export data, based on 2-digit HTS codes, reveals that the top ten exported products from Luxembourg account for over two-thirds (68%) of Luxembourg's total export value:

1. Machinery, including computers: $2.4 billion (14.1%)

2. Vehicles: $1.6 billion (9.4%)

3. Plastics and plastic products: $1.6 billion (9.4%)

4. Iron and steel: $1.5 billion (8.6%)

5. Iron and steel products: $977.9 million (5.7%)

6. Electrical machinery and equipment: $938.9 million (5.5%)

7. Rubber and rubber products: $929.3 million (5.4%)

8. Dairy products, eggs, honey: $721.2 million (4.2%)

9. Aluminum: $574.2 million (3.3%)

10. Paper and paper products: $428.3 million (2.5%)


Luxembourg export data provided by Tendata indicates that rubber (as material and rubber products) saw the fastest growth among the top ten export categories, increasing by 26.6% from 2022 to 2023. Vehicle exports ranked second in terms of improved export sales, growing by 17.7%. The shipment volume of electrical machinery and equipment from Luxembourg saw the third-highest increase, growing by 14.9%. The most significant decrease among Luxembourg's top ten export categories was observed in ferrous metals, with a year-on-year decrease of -26.4%.


The latest Luxembourg export data, delving into four-digit HTS codes, reveals that Luxembourg's most valuable exported products include angles, shapes, and sections of iron or non-alloy steel (6.7%), new pneumatic rubber tires (4.9%), automobiles (4.8%), iron or steel piles (3%), coated or laminated nonwoven materials (2.4%), self-adhesive plastic rolls (also 2.4%), cellulose fiber paper (2.2%), cheese or curd (2.2%), lifting and loading machinery (2.1%), and then unwrought aluminum (2%).


According to more detailed HS codes, Luxembourg's top 10 exported products in 2023 were:

1.HS Code:401120900011(21.21%, $3.72 Million):New pneumatic tyres, of rubber, of a kind used for buses and lorries (excluding typres with lug, corner or similar treads): Other tyres used on buses/lorries

2.HS Code:401180000000(15.67%, $2.75 Million)

3.HS Code:401039000000(8.92%, $1.57 Million):Transmission belts or belting, of vulcanised rubber (excl. endless transmission belts of trapezoidal cross-section "V-belts", V-ribbed, of an outside circumference > 60 cm but <= 240 cm and endless synchronous belts of an outside circumference > 60 cm but

4.HS Code:848071000000(7.13%, $1.25 Million):Injection or compression-type moulds for rubber or plastics

5.HS Code:848350800012(6.68%, $1.17 Million):Flywheels and pulleys, incl. pulley blocks : other : pulleys

6.HS Code:820900200000(4.82%, $0.85 Million):Inserts, indexable, for tools, unmounted, of sintered metal carbide or cermets

7.HS Code:4011800000(3.27%, $0.57 Million):New pneumatic tyres, of rubber, of a kind used on construction, mining or industrial handling vehicles and machines

8.HS Code:721633909000(2.11%, $0.37 Million):Hsections of iron or non-alloy steel, simply hot-rolled, hot-drawn or extruded, of a height > 180 mm

9.HS Code:3304100000(2.1%, $0.37 Million):Lip make-up preparations

10.HS Code:848079000000(1.83%, $0.32 Million):Moulds for rubber or plastics (other than injection or compression types)


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