Imports in Luxembourg decreased to 1.34 EUR Billion in August from 1.62 EUR Billion in July of 2020.

Imports in Luxembourg averaged 1.08 EUR Billion from 1988 until 2020, reaching an all time high of 2 EUR Billion in October of 2011 and a record low of 0.36 EUR Billion in January of 1988. This page provides the latest reported value for - Luxembourg Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Imports - values, historical data and charts - was last updated on October of 2020.

Imports in Luxembourg is expected to be 2.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Luxembourg to stand at 2.00 in 12 months time. In the long-term, the Luxembourg Imports is projected to trend around 2.00 EUR Billion in 2021, according to our econometric models.

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Luxembourg Imports

Actual Previous Highest Lowest Dates Unit Frequency
1.34 1.62 2.00 0.36 1988 - 2020 EUR Billion Monthly
Current Prices, NSA

Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.42 -0.56 -0.03 -1.02 EUR Billion [+]
Current Account 545.60 955.70 4540.30 -2398.00 EUR Million [+]
Current Account to GDP 4.50 4.80 12.60 4.50 percent [+]
Imports 1.34 1.62 2.00 0.36 EUR Billion [+]
Exports 0.91 1.06 1.22 0.33 EUR Billion [+]
External Debt 3553642.20 3559188.58 3928297.76 678052.57 EUR Million [+]
Capital Flows 481.20 831.53 4610.34 -2496.02 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -78746.47 -239808.80 321172.90 -330241.17 EUR Million [+]

Luxembourg Imports
Luxembourg has traditionally imported most of its consumer goods and exported industrial products (steel). The nation remains dependent on energy imports. Its main imports are: minerals, metals, foodstuffs and quality consumer goods. Luxembourg’s main import partners are Belgium (36 percent of total imports), Germany (27 percent), France (12 percent), the Netherlands (5 percent), the US (3 percent), Italy (3 percent), Japan (2 percent) and the UK (2 percent).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category