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

Luxembourg's trade deficit increased to EUR 0.452 billion in July of 2017 from a EUR 0.445 shortfall a year ago. Exports rose 9.7 percent to EUR 1.05 billion, mainly driven by sales of beverages and tobacco (40.3 percent); mineral fuels and lubricants (18.8 percent); machinery and equipment (14.4 percent) and food and live animals (12.1 percent). Exports went up to Germany (7.8 percent), France (13.3 percent) and Belgium (10.8 percent). Imports advanced 7.1 percent to EUR 1.50 billion, boosted by purchases of beverages and tobacco (20.1 percent); crude materials, inedible, oils, fats and waxes (17.1 percent) and manufactured goods of primary materials (13.3 percent). Imports grew from Germany (8.7 percent), France (8 percent) and Belgium (11.6 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
2017-07-26 10:00 AM Balance of Trade €-0.53B €-0.45B €-0.44B
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 €-0.38B
2017-11-24 11:00 AM Balance of Trade
2017-12-15 11:00 AM Balance of Trade


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.45 -0.53 -0.03 -1.06 EUR Billion [+]
Exports 1.05 1.07 1.18 0.33 EUR Billion [+]
Imports 1.50 1.60 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.45 -0.53 -0.03 -1.06 1988 - 2017 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 286.10 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.17 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17