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Luxembourg Trade Summary

2003

Luxembourg exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LUXEMBOURG 2003

Overall Exports and Imports for Luxembourg 2003

Exports and imports of Luxembourg in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,987 million.
  • The total value of imports (CIF) was 13,646 million.
  • At the HS6 digit level, 3,419 products were exported to 191 countries and 4,533 products were imported from 156 countries.

Luxembourg top 5 Export and Import partners 2003

Top five countries to which Luxembourg exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Luxembourg exports to Germany worth US$ 2,651 million, with a partner share of 26.54 percent.
  2. Luxembourg exports to France worth US$ 2,005 million, with a partner share of 20.08 percent.
  3. Luxembourg exports to Belgium worth US$ 1,239 million, with a partner share of 12.40 percent.
  4. Luxembourg exports to United Kingdom worth US$ 596 million, with a partner share of 5.96 percent.
  5. Luxembourg exports to Italy worth US$ 593 million, with a partner share of 5.93 percent.

Top five countries from which Luxembourg imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Luxembourg imports from Belgium worth US$ 4,806 million, with a partner share of 35.22 percent.
  2. Luxembourg imports from Germany worth US$ 3,835 million, with a partner share of 28.10 percent.
  3. Luxembourg imports from France worth US$ 1,927 million, with a partner share of 14.12 percent.
  4. Luxembourg imports from Netherlands worth US$ 745 million, with a partner share of 5.46 percent.
  5. Luxembourg imports from Italy worth US$ 328 million, with a partner share of 2.40 percent.

Luxembourg Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Luxembourg along with trade value are:

  1. Luxembourg exported Flat rolled prod, i/nas, plated or coated with , worth US$ 270,545.74 million.
  2. Luxembourg exported Sections,H,i/nas,nfw than hot rlld,drawn/extrud , worth US$ 260,124.92 million.
  3. Luxembourg exported Transmission apparatus, for radioteleph incorpo , worth US$ 250,849.16 million.
  4. Luxembourg exported New pneumatic tyres, of rubber of a kind used o , worth US$ 238,558.35 million.
  5. Luxembourg exported Sheet piling,i or s whether or not drilled/punc , worth US$ 233,707.91 million.

The top five imported HS 6 digit level products from world by Luxembourg along with trade value are

  1. Luxembourg imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 777,271.35 million.
  2. Luxembourg imported Automobiles with diesel engine displacing more , worth US$ 561,482.73 million.
  3. Luxembourg imported Transmission apparatus, for radioteleph incorpo , worth US$ 299,621.27 million.
  4. Luxembourg imported Automobiles with reciprocating piston engine di , worth US$ 256,524.58 million.
  5. Luxembourg imported Ferrous waste and scrap,i or s,from the mechani , worth US$ 249,955.50 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Luxembourg in 2003 are below

  • The maximum rate of tariff in percentage on any product was 361.45 percent.
  • The simple average tariff across all products was 2.20 percent.
  • The trade weighted average tariff was 1.92 .
  • The total duty free imports in thousands of US dollars were 403,391.63 and duty free tariff line items share was 54.08 percent.

Development Indicators 2003

Key Development Indicators of Luxembourg in 2003 are below

  • Luxembourg GDP in current US dollar was 29,557 million.
  • GNI per capita, Atlas method (current US$) was 46,000.00 .
  • Luxembourg Trade balance: as % of GDP was 23.70.
  • Trade balance in current US$ was 7,005.00 million.
  • Trade as percentage of GDP was 254.10 .
  • Trade in services as percentage of GDP was 151.07 .

Trade Indicators 2003

Trade Indicators for Luxembourg in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 4.20.
  • World Growth in percentage was 8.08 and Luxembourg Country Growth was 17.55 .