Luxembourg Balance of Trade

Last Release

Mar 31, 2025

Actual

-0.83

Units In

EUR Billion

-0.61

Frequency

Monthly

Next Release

Jun 25, 2025

Time to Release

27 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-0.53 Sep 2023	-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’s trade deficit widened to EUR 0.83 billion in March 2025, from EUR 0.75 billion in the corresponding month a year ago, as exports fell while imports rose. This also marked the widest trade gap since December 2024, as exports dropped by 2% year-on-year to EUR 1.29 billion, dragged down by lower sales of transport equipment (-11.6%), manufactured goods of primary materials (-10.2%), and machinery and equipment (-9.5%). Shipments decreased the most for Japan (-15%) and France (-2.1%). Meanwhile, imports increased by 2.7% to EUR 2.12 billion, driven by higher purchases of beverages and tobacco (12%), crude materials, inedible oils, fats and waxes (11.7%), and food and live animals (7.1%). Arrivals grew mostly for the US (16%).