Luxembourg Balance of Trade - Forecast

Balance of Trade in Luxembourg is expected to be -0.42 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Luxembourg to stand at -0.40 in 12 months time. In the long-term, the Luxembourg Balance of Trade is projected to trend around -0.36 EUR Billion in 2020, according to our econometric models.


Luxembourg Balance of Trade
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Luxembourg Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -0.49 -0.42 -0.42 -0.41 -0.4 -0.36
Exports 1.11 1.04 1.04 1.03 1.03 0.98
Imports 1.6 1.49 1.48 1.47 1.46 1.37
Current Account 2246 185 515 1179 570 644
Current Account to GDP 4.7 4 4 4 4 3.4
External Debt 3537486 3409510 3372651 3343422 3318121 3147044
Capital Flows 2159 83.35 569 1049 628 636
Gold Reserves 2.24 2.24 2.24 2.24 2.24 2.24
Foreign Direct Investment -225138 -20162 -24809 36700 5531 39584