Luxembourg Balance Of TradeLuxembourg Balance Of TradeLuxembourg Balance Of Trade

Luxembourg Balance Of Trade

No trades
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Key data points

Last release
Observation period
Mar 2024
Next release
Forecast
Highest
‪−30.00 M‬EUR on May 31, 1989
Lowest
‪−1.06 B‬EUR on Oct 31, 2021

About Luxembourg Balance Of Trade

Category
Trade
Frequency
Monthly
Units
EUR
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.