Imports to Luxembourg grew 11.4 percent year-on-year to EUR 1.8 billion in October 2018, the highest value since March 2017, amid stronger purchases of mineral fuels, lubricants (62%) and transport equipment (21.5%). In contrast, imports of machinery & equipment fell 5.3 percent. Among major trading partners, purchases advanced mainly from Belgium (21.2%), Germany (9.2%) and France (8.7%). Imports in Luxembourg averaged 1.06 EUR Billion from 1988 until 2018, reaching an all time high of 2 EUR Billion in October of 2011 and a record low of 0.36 EUR Billion in January of 1988.

Imports in Luxembourg is expected to be 1.60 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Luxembourg to stand at 1.62 in 12 months time. In the long-term, the Luxembourg Imports is projected to trend around 2.00 EUR Billion in 2020, according to our econometric models.

Luxembourg Imports
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Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.60 -0.58 -0.03 -1.06 EUR Billion [+]
Current Account -897.40 2503.50 3148.90 -2073.70 EUR Million [+]
Current Account to GDP 5.00 6.40 12.60 5.00 percent [+]
Imports 1.80 1.66 2.00 0.36 EUR Billion [+]
Exports 1.21 1.08 1.21 0.33 EUR Billion [+]
External Debt 3698869.28 3608395.20 3928297.76 678052.57 EUR Million [+]
Capital Flows -988.14 2443.29 3149.90 -2377.10 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -13661.20 -51971.37 264624.90 -239461.50 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Luxembourg Imports

Luxembourg has traditionally imported most of its consumer goods and exported industrial products (steel). The nation remains dependent on energy imports. Its main imports are: minerals, metals, foodstuffs and quality consumer goods. Luxembourg’s main import partners are: European Union (Belgium, Germany, France, Netherlands) and China. This page provides the latest reported value for - Luxembourg Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Imports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.66 2.00 0.36 1988 - 2018 EUR Billion Monthly
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