Luxembourg recorded a trade deficit of 0.72 EUR Billion in April of 2022, slightly higher than a 0.61 EUR Billion gap a year earlier. Exports increased 19.1% yoy to 1.37 EUR Billion and imports increased 19.4% to 2.09 EUR Billion. source: Banque Centrale du Luxembourg
Balance of Trade in Luxembourg averaged -0.36 EUR Billion from 1988 until 2022, reaching an all time high of -0.03 EUR Billion in May of 1989 and a record low of -1.03 EUR Billion in October of 2021. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Balance of Trade in Luxembourg is expected to be -0.94 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Balance of Trade is projected to trend around -0.94 EUR Billion in 2023, according to our econometric models.