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

Luxembourg's trade deficit decreased to EUR 0.49 billion in October of 2017 from a EUR 0.82 billion shortfall a year ago. Exports surged 12.5 percent to EUR 1.11 billion, driven by higher sales of transport equipment (52.3 percent); food and live animals (15.2 percent); manufactured goods of primary materials (14.9 percent); miscellaneous manufactured articles (13.1 percent) and machinery and equipment (11.6 percent). Shipments rose mostly to Germany (14.9 percent), France (10.1 percent); Belgium (9.8 percent) and the US (55.2 percent). By contrast, imports tumbled 11.3 percent to EUR 1.60 billion, mainly dragged down by falling purchases of transport equipment (-54.8 percent); other manufactured goods (-2.5 percent) and machinery and equipment (-0.8 percent). Imports fell from the US (-83.1 percent) while grew from Belgium (7.5 percent); France (7 percent) and Germany (2.6 percent). Balance of Trade in Luxembourg averaged -0.33 EUR Billion from 1988 until 2017, reaching an all time high of -0.03 EUR Billion in May of 1989 and a record low of -1.06 EUR Billion in September of 2012.

Luxembourg Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-26 10:00 AM Balance of Trade €-0.5B €-0.4B €-0.38B
2017-11-24 11:00 AM Balance of Trade €-0.4B €-0.4B €-0.56B
2017-12-15 10:20 AM Balance of Trade €-0.5B €-0.5B €-0.72B
2018-01-25 11:00 AM Balance of Trade €-0.5B € -0.43B
2018-02-23 11:00 AM Balance of Trade € -0.44B
2018-03-28 10:00 AM Balance of Trade € -0.44B


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.49 -0.45 -0.03 -1.06 EUR Billion [+]
Exports 1.11 1.07 1.18 0.33 EUR Billion [+]
Imports 1.60 1.52 2.00 0.36 EUR Billion [+]
Current Account 2246.50 448.30 2440.80 -1361.90 EUR Million [+]
Current Account to GDP 4.70 5.10 12.60 4.70 percent [+]
External Debt 3537486.24 3650594.79 3791980.30 678052.57 EUR Thousand [+]
Capital Flows 2159.16 847.64 3149.90 -1714.44 EUR Million [+]
Gold Reserves 2.24 2.24 2.39 2.24 Tonnes [+]
Foreign Direct Investment -225137.56 91868.88 233366.15 -225137.56 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.49 -0.45 -0.03 -1.06 1988 - 2017 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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