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

Luxembourg’s trade deficit narrowed to EUR 0.49 billion in February of 2018 from EUR 0.64 billion in the same month of the previous year. Exports jumped 6.6 percent to EUR 1.04 billion, following a 9.9 percent slump in January, boosted by sales of manufactured goods of primary articles (+14.5 percent); machinery and equipment (4.5 percent); and other manufactured goods (2 percent). Shipments to Germany went up 6.4 percent and those to France rose 2.2 percent. Imports declined 5.4 percent to EUR 1.53 billion after a 13.8 percent surge, dragged down by a 44.8 percent drop in purchases of transport equipment. Imports from the US went down 76.2 percent while those from the EU rose 5.7 percent. Balance of Trade in Luxembourg averaged -0.33 EUR Billion from 1988 until 2018, reaching an all time high of -0.03 EUR Billion in May of 1989 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
2018-02-23 11:00 AM Balance of Trade €-0.62B €-0.58B € -0.46B
2018-03-28 09:05 AM Balance of Trade €-0.58B €-0.62B €-0.32B
2018-04-25 10:00 AM Balance of Trade €-0.49B €-0.57B €-0.66B
2018-05-25 10:00 AM Balance of Trade €-0.49B €-0.57B
2018-06-25 10:00 AM Balance of Trade
2018-07-26 10:00 AM Balance of Trade


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.49 -0.57 -0.03 -1.02 EUR Billion [+]
Exports 1.04 1.06 1.18 0.33 EUR Billion [+]
Imports 1.53 1.64 2.00 0.36 EUR Billion [+]
Current Account 1044.70 2638.20 2738.50 -1254.00 EUR Million [+]
Current Account to GDP 5.00 6.40 12.60 5.00 percent [+]
External Debt 3492502.55 3537486.24 3791980.30 678052.57 EUR Thousand [+]
Capital Flows 979.15 2549.24 3149.90 -1714.44 EUR Million [+]
Gold Reserves 2.20 2.24 2.39 2.20 Tonnes [+]
Foreign Direct Investment -137016.94 -242467.14 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.49 -0.57 -0.03 -1.02 1988 - 2018 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 1527.00 Mar/18
Brazil 6140.00 Apr/18
Canada -4139.60 Mar/18
China 287.80 Apr/18
Euro Area 26932.60 Mar/18
France -5258.00 Mar/18
Germany 25187.00 Mar/18
India -13720.00 Apr/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan 625.98 Apr/18
Mexico 1917.55 Mar/18
Netherlands 5280.00 Mar/18
Russia 15001.00 Mar/18
South Korea 6611.00 Apr/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5855.00 Mar/18
United Kingdom -3091.00 Mar/18
United States -48956.00 Mar/18


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