Luxembourg Imports

Imports to Luxembourg rose 7.6 percent year-on-year to EUR 1,738 million in April of 2019, mainly due to higher purchases of transport equipment (5.9 percent); machinery & transport (8 percent); chemicals & chemical products (3.8 percent) and mineral fuels & lubricants (22.6 percent). Imports went up mainly from Belgium (9.7 percent); France (1.2 percent); the US (32.2 percent) and Japan (8.9 percent); while those from Germany fell 1.7 percent. Imports in Luxembourg averaged 1.07 EUR Billion from 1988 until 2019, 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.

Imports in Luxembourg is expected to be 1.67 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 1.80 in 12 months time. In the long-term, the Luxembourg Imports is projected to trend around 2.00 EUR Billion in 2020, according to our econometric models.

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Luxembourg Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-0.53	-0.61	-0.03	-1.06	EUR Billion	[+]
Current Account	725.20	-593.00	3148.90	-2073.70	EUR Million	[+]
Current Account to GDP	4.80	4.90	12.60	4.80	percent	[+]
Imports	1.74	1.78	2.00	0.36	EUR Billion	[+]
Exports	1.20	1.18	1.20	0.33	EUR Billion	[+]
External Debt	3726940.03	3661925.78	3928297.76	678052.57	EUR Million	[+]
Capital Flows	617.05	713.20	3149.90	-2377.10	EUR Million	[+]
Gold Reserves	2.20	2.20	2.39	2.20	Tonnes	[+]
Foreign Direct Investment	-241212.20	-105595.60	306462.90	-241212.20	EUR Million	[+]

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

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). 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.