Luxembourg Balance of Trade  1988-2017 | Data | Chart | Calendar

Luxembourg's seasonally adjusted trade deficit increased to EUR 0.63 billion in February of 2017 from a EUR 0.36 billion gap in January. Exports declined 15.4 percent to EUR 0.99 billion and imports advanced 6.2 percent to EUR 1.62 billion. On a non-seasonally adjusted basis, the trade deficit widened to EUR 0.59 billion from a EUR 0.41 billion a year earlier. Exports went down 3 percent to EUR 0.97 billion, dragged down by transport equipment (-18.2 percent), miscellaneous articles (-25.7 percent), mineral fuels and lubricants (-14.7 percent) and food (-5.3 percent). Exports went up to Germany (4.4 percent), France (6.2 percent) while fell to Belgium (-1 percent). Imports increased 10.8 percent to EUR 1.56 billion, led by mineral fuels and lubricants (29.8 percent) and transport equipment (43.7 percent). Imports advanced from Belgium (12 percent) and France (2.4 percent) and declined from Germany (-3.7 percent). Balance of Trade in Luxembourg averaged -0.30 EUR Billion from 1988 until 2017, reaching an all time high of -0.03 EUR Billion in February of 1988 and a record low of -1.04 EUR Billion in September of 2012.

Luxembourg Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-24 11:00 AM Dec €-0.37B €-0.45B €-0.43B
2017-03-28 10:00 AM Jan €-0.35B €-0.36B €-0.42B
2017-04-25 10:40 AM Feb €-0.63B €-0.36B €-0.41B
2017-05-24 10:00 AM Mar €-0.63B €-0.52B
2017-06-23 10:00 AM Apr
2017-07-26 10:00 AM May




Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.63 -0.35 -0.03 -1.04 EUR Billion [+]
Exports 0.99 1.17 1.17 0.35 EUR Billion [+]
Imports 1.62 1.53 1.97 0.39 EUR Billion [+]
Current Account 1522.60 422.00 1878.30 -1208.90 EUR Million [+]
Current Account to GDP 4.80 4.90 12.60 4.90 percent [+]
External Debt 3647945.81 3494194.97 3647945.81 0.00 EUR Million [+]
Capital Flows 967.32 148.80 3149.90 -1556.40 EUR Million [+]
Remittances 16.00 19.00 25.00 6.00 EUR Million [+]
Gold Reserves 2.24 2.24 2.39 2.24 Tonnes [+]
Foreign Direct Investment -29813.30 13368.70 206230.30 -36368.10 EUR Million [+]

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



Luxembourg Balance of Trade Notes

Luxembourg is an export-intensive economy. The country has traditionally imported most of its consumer goods and exported industrial products (steel). Exports now also include chemical and rubber products, finished glass and the most profitable financial services. The nation remains dependent on energy imports. European Union is by far its largest trading partner, accounting for about 84% of exports and 87% of imports. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.63 -0.35 -0.03 -1.04 1988 - 2017 EUR Billion Monthly
SA



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17