Luxembourg Balance of Trade  1988-2018 | Data | Chart | Calendar

The trade deficit in Luxembourg narrowed to EUR 0.47 billion in June of 2018 from EUR 0.60 billion in June of 2017. Exports rose 10.8% to EUR 1.19 billion, boosted by higher sales of manufactured goods of primary material (+15.6%); machinery & equipment (+15.1%); transport equipment (+12.7%) and miscellaneous manufactured articles (+19.4%). Among major trading partners, shipments increased mainly to Germany (+7.2%); France (+13.6%) and Belgium (+3.2%). Additionally, imports fell 0.6% to EUR 1.66 billion, dragged down by lower purchases of transport equipment (-3.3%) and miscellaneous manufactured articles (-5.3%). On the other hand, arrivals advanced for machinery & equipment (+2.3%) and chemicals & related products (+10.8%). Imports declined mainly from Germany (-5.6%) and France (-23.7%) while those from Belgium (+13.5%) increased. Considering the second quarter of the year, the trade deficit decreased to EUR 1.5 billion from EUR 1.7 billion in the corresponding period of 2017. Balance of Trade in Luxembourg averaged -0.32 EUR Billion from 1988 until 2018, reaching an all time high of -0.01 EUR Billion in November of 1988 and a record low of -1.02 EUR Billion in October of 2011.

Luxembourg Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-25 10:00 AM Balance of Trade €-0.51B €-0.54B €-0.5B
2018-07-26 09:50 AM Balance of Trade €-0.48B €-0.52B €-0.62B
2018-08-24 10:00 AM Balance of Trade €-0.48B €-0.47B € -0.5B
2018-09-25 10:00 AM Balance of Trade €-0.48B €-0.39B
2018-10-26 10:00 AM Balance of Trade
2018-11-23 11:00 AM Balance of Trade € -0.4B


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.48 -0.48 -0.01 -1.02 EUR Billion [+]
Exports 1.19 1.15 1.19 0.33 EUR Billion [+]
Imports 1.66 1.65 2.00 0.36 EUR Billion [+]
Current Account 607.00 1044.70 2738.50 -1254.00 EUR Million [+]
Current Account to GDP 5.00 6.40 12.60 5.00 percent [+]
External Debt 3509663.45 3492502.55 3791980.30 678052.57 EUR Thousand [+]
Capital Flows 531.44 979.15 3149.90 -1714.44 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -40514.72 -137016.94 250957.20 -242467.14 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Luxembourg Balance of Trade

Luxembourg is an export-intensive economy. The country has traditionally imported most of its consumer goods and exported industrial products (steel). Exports now also include chemical and rubber products, finished glass and the most profitable financial services. The nation remains dependent on energy imports. European Union is by far its largest trading partner, accounting for about 84% of exports and 87% of imports. This page provides the latest reported value for - Luxembourg Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.48 -0.48 -0.01 -1.02 1988 - 2018 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -231.21 Jul/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -2448240.00 Jun/18
Switzerland 1154.26 Jul/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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