Luxembourg Balance of Trade  1988-2017 | Data | Chart | Calendar

Luxembourg´s trade deficit increased to EUR 0.462 billion in August of 2017 from a EUR 0.363 shortfall a year ago. Exports rose 5.7 percent year-on-year to EUR 0.97 billion, mainly driven by sales of mineral fuels and lubricants (64.1 percent); manufactured goods of primary materials (18.9 percent) and machinery equipment (16.2 percent), while a drop was registered for miscellaneous manufactured articles (-18.7 percent) and transport equipment (-7.1 percent). Shipments rose mostly to Germany (8.6 percent), France (3.2 percent) and Belgium (3.0 percent) but fell for the US (-25.7 percent). Imports advanced 11.8 percent to EUR 1.43 billion, boosted by purchases of crude materials, inedible, oils, fats and waxes (38.7 percent); mineral fuels and lubricants (36.4 percent) and beverages and tobacco (17.3 percent). Imports grew from Japan (26.6 percent), Belgium (18.3 percent), France (16.1 percent) and Germany (15.9 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
2017-08-25 10:00 AM Balance of Trade €-0.5B €-0.52B €-0.56B
2017-09-26 01:45 PM Balance of Trade €-0.5B €-0.5B €-0.47B
2017-10-26 10:00 AM Balance of Trade €-0.5B €-0.4B €-0.38B
2017-11-24 11:00 AM Balance of Trade €-0.5B €-0.56B
2017-12-15 11:00 AM Balance of Trade


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.50 -0.42 -0.03 -1.06 EUR Billion [+]
Exports 1.00 1.04 1.18 0.33 EUR Billion [+]
Imports 1.40 1.50 2.00 0.36 EUR Billion [+]
Current Account 930.80 -46.60 2440.80 -1361.90 EUR Million [+]
Current Account to GDP 4.70 5.10 12.60 4.70 percent [+]
External Debt 3650594.79 3754993.00 3791980.30 678052.57 EUR Thousand [+]
Capital Flows 847.64 -378.21 3149.90 -1714.44 EUR Million [+]
Remittances 16.00 19.00 25.00 6.00 EUR Million [+]
Gold Reserves 2.24 2.24 2.39 2.24 Tonnes [+]
Foreign Direct Investment 312555.02 62238.45 312555.02 -71205.37 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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -0.42 -0.03 -1.06 1988 - 2017 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 670.17 Sep/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17