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

Luxembourg's trade deficit widened to EUR 0.51 billion in April 2018 from EUR 0.48 billion in the same month of the previous year. Imports rose 7 percent to EUR 1.57 billion, mainly driven by higher purchases of mineral fuels & lubricants (18.8 percent), chemicals & related products (16 percent), and machinery & equipment (7.5 percent). Among major trading partners, imports went up from France (13 percent), Belgium (4.8 percent) and Germany (4.1 percent). Meanwhile, exports increased at a faster 8.2 percent to EUR 1.06 billion, boosted by sales of manufactured goods of primary materials (11.2 percent), other manufactured goods (10.3 percent), chemicals & related products (8.4 percent), and machinery & equipment (4.6 percent). Exports grew to Belgium (11.5 percent), France (10.3 percent) and Germany (6.3 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
2018-04-25 10:00 AM Balance of Trade €-0.49B €-0.57B €-0.66B
2018-05-25 10:00 AM Balance of Trade €-0.55B €-0.47B €-0.57B
2018-06-25 10:00 AM Balance of Trade €-0.51B €-0.54B €-0.5B
2018-07-26 10:00 AM Balance of Trade €-0.51B €-0.62B
2018-08-24 10:00 AM Balance of Trade € -0.5B
2018-09-25 10:00 AM Balance of Trade


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.51 -0.54 -0.01 -1.02 EUR Billion [+]
Exports 1.06 1.18 1.18 0.33 EUR Billion [+]
Imports 1.57 1.72 2.00 0.36 EUR Billion [+]
Current Account 607.00 1044.70 2738.50 -1254.00 EUR Million [+]
Current Account to GDP 5.00 6.40 12.60 5.00 percent [+]
External Debt 3509663.45 3492502.55 3791980.30 678052.57 EUR Thousand [+]
Capital Flows 531.44 979.15 3149.90 -1714.44 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -40514.72 -137016.94 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.51 -0.54 -0.01 -1.02 1988 - 2018 EUR Billion Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -2153628.00 May/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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