Luxembourg's trade deficit widened to EUR 752.0 million in March of 2022 from EUR 656.9 million in the same month of 2021, as imports climbed 18.3 percent to EUR 2,239.7 million and exports rose 20.3 percent to 1,487.7 million. 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 June 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.