Luxembourg Trade Deficit Narrows in July
2026-09-25 10:16
By
Mariene Camarillo
1 min. read
Luxembourg’s trade deficit narrowed to EUR 0.79 billion in July 2026 from EUR 1.19 billion in the same month a year earlier.
Imports fell by 13.9% year-on-year to EUR 2.18 billion, driven largely by a drop in purchases of beverages and tobacco (-41.8%), food and live animals (-7.9%), manufactured articles of base metals (-7.5%), machine and equipment (-40.9%), and transport equipment (-42.1%).
Among key trading partners, imports decreased from France (-20.4%), the US (-52.5%), and Japan (-83.3%).
Meanwhile, exports rose by 3.2% to EUR 1.39 billion, supported by higher shipments of mineral fuels and lubricants (+15.1%), chemicals and chemical products (+10.5%), and miscellaneous manufactured articles (+15.3%).
Export destinations recorded gains to Germany (+5.6%), France (+7.9%), the US (+45.2%), and Japan (+23.2%).
For the January–July period, the trade gap widened to EUR 9.50 billion from EUR 9.0 billion in the same period last year.