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Luxembourg Trade Summary

2020

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 2020

Overall Exports and Imports for Luxembourg 2020

Exports and imports of Luxembourg in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,506 million.
  • The total value of imports (CIF) was 20,883 million.
  • At the HS6 digit level, 3,491 products were exported to 198 countries and 4,286 products were imported from 215 countries.

Luxembourg top 5 Export and Import partners 2020

Top five countries to which Luxembourg exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Luxembourg exports to Germany worth US$ 3,516 million, with a partner share of 26.03 percent.
  2. Luxembourg exports to France worth US$ 2,198 million, with a partner share of 16.27 percent.
  3. Luxembourg exports to Belgium worth US$ 1,680 million, with a partner share of 12.44 percent.
  4. Luxembourg exports to Netherlands worth US$ 742 million, with a partner share of 5.49 percent.
  5. Luxembourg exports to Italy worth US$ 535 million, with a partner share of 3.96 percent.

Top five countries from which Luxembourg imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Luxembourg imports from Belgium worth US$ 5,068 million, with a partner share of 24.27 percent.
  2. Luxembourg imports from Germany worth US$ 5,025 million, with a partner share of 24.06 percent.
  3. Luxembourg imports from France worth US$ 2,242 million, with a partner share of 10.74 percent.
  4. Luxembourg imports from Unspecified worth US$ 1,113 million, with a partner share of 5.33 percent.
  5. Luxembourg imports from Netherlands worth US$ 805 million, with a partner share of 3.86 percent.

Luxembourg Top 5 Productsexports imports at HS 6 digit level 2020

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

  1. Luxembourg exported Sections,H,i/nas,nfw than hot rlld,drawn/extrud , worth 535,722.22 (US$ Thousands).
  2. Luxembourg exported Sheet piling,i or s whether or not drilled/punc , worth 401,036.54 (US$ Thousands).
  3. Luxembourg exported New pneumatic tyres, of rubber of a kind used o , worth 394,433.56 (US$ Thousands).
  4. Luxembourg exported Self-adhesive paper and paperboard , worth 373,655.48 (US$ Thousands).
  5. Luxembourg exported Other self-adhesive plates, tape, strip, foil.. , worth 344,268.28 (US$ Thousands).

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 1,025,903.70 (US$ Thousands).
  2. Luxembourg imported Automobiles with diesel engine displacing more , worth 680,188.50 (US$ Thousands).
  3. Luxembourg imported Automobiles with reciprocating piston engine di , worth 511,386.12 (US$ Thousands).
  4. Luxembourg imported Other medicaments of mixed or unmixed products, , worth 471,502.51 (US$ Thousands).
  5. Luxembourg imported Aircraft nes of an unladen weight exceeding 15, , worth 369,455.37 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Luxembourg in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 2.45 percent.
  • The trade weighted average tariff was 2.01 .
  • The total duty free imports in thousands of US dollars were 1,937,339.35 and duty free tariff line items share was 54.36 percent.

Development Indicators 2020

Key Development Indicators of Luxembourg in 2020 are below

  • Luxembourg GDP in current US dollar was 73,993 million.
  • GNI per capita, Atlas method (current US$) was 79,580.00 .
  • Luxembourg Trade balance: as % of GDP was 34.02.
  • Trade balance in current US$ was 25,174.00 million.
  • Trade as percentage of GDP was 365.22 .
  • Trade in services as percentage of GDP was 296.59 .

Trade Indicators 2020

Trade Indicators for Luxembourg in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 6.31.
  • World Growth in percentage was -3.77 and Luxembourg Country Growth was -1.50 .