Luxembourg Trade Deficit Narrows Sharply

2026-05-26 10:05 By Mariene Camarillo 1 min. read

Luxembourg’s trade deficit narrowed sharply to EUR 0.75 billion in March 2026 from EUR 1.01 billion in the same month last year.

Exports rose 7.3% year-on-year to EUR 1.40 billion, mainly due to higher sales of chemicals and chemical products (5.2%), manufactured goods of primary materials (8.8%), machinery and equipment (6.5%), and miscellaneous manufactured articles (23.9%).

Among trading partners, export destinations saw gains in France (19.6%), Belgium (16.2%), Germany (8.5%), Japan (10.8%), and the US (5.5%).

Meanwhile, imports dropped 6.9% to EUR 2.15 billion, weighed down by lower purchases of beverages and tobacco (-12.3%), crude materials, inedible oils, fats, and waxes(-30.3%), mineral fuels and lubricants (-1.8%), and transport equipment (-16.8%).

Imports declined primarily from the US (-62.6%), Germany (-14.4%), France (-13.1%), and Belgium (-3.4%).



News Stream
Luxembourg Trade Deficit Narrows Sharply
Luxembourg’s trade deficit narrowed sharply to EUR 0.75 billion in March 2026 from EUR 1.01 billion in the same month last year. Exports rose 7.3% year-on-year to EUR 1.40 billion, mainly due to higher sales of chemicals and chemical products (5.2%), manufactured goods of primary materials (8.8%), machinery and equipment (6.5%), and miscellaneous manufactured articles (23.9%). Among trading partners, export destinations saw gains in France (19.6%), Belgium (16.2%), Germany (8.5%), Japan (10.8%), and the US (5.5%). Meanwhile, imports dropped 6.9% to EUR 2.15 billion, weighed down by lower purchases of beverages and tobacco (-12.3%), crude materials, inedible oils, fats, and waxes(-30.3%), mineral fuels and lubricants (-1.8%), and transport equipment (-16.8%). Imports declined primarily from the US (-62.6%), Germany (-14.4%), France (-13.1%), and Belgium (-3.4%).
2026-05-26
Luxembourg Trade Deficit Widens in February
Luxembourg’s trade deficit widened to EUR 0.83 billion in February 2026 from EUR 0.66 billion in the same month a year earlier. Exports fell 5.4% year-on-year to EUR 1.2 billion, weighed down by declining sales of manufactured goods of primary materials (-12.8%), crude materials, inedible, oils, fats and waxes (-13.5%), machinery and equipment (-13.4%), transport equipment (-9.5%), and other manufactured goods (-5.4%). Among trading partners, export destinations saw notable drops in Germany (-6.4%) and the United States (-25.3%). Meanwhile, imports increased 5.4% to EUR 2 billion, supported by higher purchases of machinery and equipment (74.6%), miscellaneous manufactured articles (4.1%), food and live animals (6.5%), and chemicals and related products (2.7%). Imports expanded primarily from Japan (916.9%) and the United States (47.4%).
2026-04-24
Luxembourg Trade Deficit Widens Slightly
Luxembourg recorded a trade deficit of EUR 0.59 billion in January 2026, widening slightly from EUR 0.55 billion in the same month of the previous year. Imports increased 2.6% year-on-year to EUR 1.83 billion, boosted by higher purchases of machinery and equipment (26.7%), transportation equipment (7.0%), chemicals and chemical products (4.7%), and food and live animals (3.7%). Imports mostly came from Japan and other Asian countries. On the other hand, exports rose moderately by 0.6% year-on-year to EUR 1.24 billion, supported by higher sales of machinery and equipment (0.8%), miscellaneous manufactured articles (53.4%), food and live animals (1.2%), and beverages and tobacco (8.1%). Exports grew the most to Germany, France, and other Asian countries.
2026-03-27