The trade deficit in Luxembourg rose to EUR 0.46 billion in August of 2018 from EUR 0.40 billion in the corresponding month of the previous year. Exports rose 5 percent to EUR 1.0 billion, boosted by higher sales of other manufactured goods (+7.8 percent); chemicals & related products (+13.6 percent) and transport equipment (+13.3 percent). Among major trading partners, shipments increased mainly to Germany (+2.8 percent); France (+6.6 percent) and Belgium (+2.6 percent). Meanwhile, imports advanced at a faster 7.5 percent to EUR 1.5 billion, due to higher purchases of chemicals & related products (+8.3 percent) and miscellaneous manufactured articles (+12.3 percent). Imports advanced mainly from Belgium (+17.4 percent); Germany (+5.8 percent) and France (+12.8 percent). 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
2018-08-24 10:00 AM Balance of Trade €-0.48B €-0.47B € -0.5B
2018-09-25 09:45 AM Balance of Trade €-0.51B €-0.54B €-0.39B
2018-11-16 10:00 AM Balance of Trade €-0.46B €-0.54B €-0.48B
2018-11-23 11:00 AM Balance of Trade €-0.46B € -0.4B
2018-12-14 11:00 AM Balance of Trade


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.46 -0.54 -0.01 -1.02 EUR Billion [+]
Exports 1.02 1.09 1.18 0.33 EUR Billion [+]
Imports 1.47 1.62 2.00 0.36 EUR Billion [+]
Current Account -897.40 2503.50 3148.90 -2073.70 EUR Million [+]
Current Account to GDP 5.00 6.40 12.60 5.00 percent [+]
External Debt 3698869.28 3608395.20 3928297.76 678052.57 EUR Million [+]
Capital Flows -988.14 2443.29 3149.90 -2377.10 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -13661.20 -51971.37 264624.90 -239461.50 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.46 -0.54 -0.01 -1.02 1988 - 2018 EUR Billion Monthly
Current Prices, NSA




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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