Top 5 Exporting Countries of 2022

1. Luxembourg

export-to-GDP ratios: 211.43 %

Luxembourg is an export economy. In 2021, Luxembourg was the 76th largest economy in the world with regard to total exports. Luxembourg’s top exports are iron blocks ($1.37B), cars ($696M), rubber tires ($677M), gas turbines ($475M), and iron sheet piling ($469M), but the most profitable exports are financial services. The Major export goes to countries like Germany (27 % of total exports), France (15 %), Belgium (12 %), the Netherlands (6 %), the UK (4 %), Italy (4 %), and the US (3 %) and Poland (3 %).

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