Luxembourg Balance of Trade

Last Release

May 31, 2025

Actual

-0.63

Units In

EUR Billion

-0.51

Frequency

Monthly

Next Release

Aug 25, 2025

Time to Release

27 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
-0.51 Apr 2025	-1.02 Oct 2011	-0.39 EUR Billion	1988-2025	N/A

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.

Latest Updates

Luxembourg recorded a trade deficit of €-0.63 billion in May of 2025, narrowing from the €-0.72 billion from the corresponding period of the previous year, to record the third drop in the deficit of the year. Imports contracted by 4.5% annually to €1.89 billion amid a sharp drop in fuels and lubricants (-26.4% to €0.17 billion) due to the drop in their prices, while imports of manufactured goods fell sharply as well (-16.7% to €0.1 billion). In turn, exports were unchanged at €1.26 billion, with a jump in manufactured goods (10.7% to €0.2 billion) offsetting the drop in metals (-11.7% to €0.24 billion), likely on lower steel prices, among Luxembourg's main exports.