Exporting guide to

Luxembourg

Overview

Luxembourg is located in Western Europe and has a population of over 600,000 people. It is landlocked, and bordered by Belgium, France and Germany. Despite the relatively small size of the country, the UK has previously exported large amounts goods and services to Luxembourg.

Trade statistics

£12.3 billion total UK exports to Luxembourg for the four quarters to the end of Q3 2023

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: January 2024)

19th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: January 2024)

1.4% of total UK exports for the four quarters to the end of Q3 2023

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: January 2024)

Convenience for UK businesses

UK exporters should find business conditions in Luxembourg to be very favourable. English is widely spoken as a business language, and the country shares similar standards and work procedures to the UK. It's also just 2 hours away from London.

Strong service market

Most UK exports to Luxembourg are services. Luxembourg hosts the EU’s financial and legal institutions and is also the European headquarters for Amazon, PayPal and Skype.

Top five UK goods exported to Luxembourg , in the four quarters to the end of Q3 2023

Goods Value (£ million )
Mechanical power generators (intermediate) 228.6
Plastics in non-primary forms 47.6
Cars 32.1
Works of art 17.1
Aircraft 15.5

Source: ONS Trade in goods: country-by-commodity exports
Last updated: February 2024
Download the latest trade and investment factsheet for Luxembourg.

Top five UK services exported to Luxembourg , in the four quarters to the end of Q2 2023

Service Value (£ billion )
Financial 6.0
Other Business Services 4.5
Telecommunications, computer and information services 0.5
Construction 0.2
Insurance and Pension 0.1

Source: ONS UK trade in services: service type by partner country, non-seasonally adjusted
Last updated: January 2024
Download the latest trade and investment factsheet for Luxembourg.

Luxembourg: at a glance

Economic growth

1.4%

Actual figure (IMF, 2022)
The UK is 4.1% (IMF, 2022, actual figure)

GDP per capita

$126,598

Actual figure (IMF, 2022)
The UK is $45,461 (IMF, 2022, projected figure)

Currency

Euro

Business language

French, German, English

Time zone

GMT +2

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