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Luxembourg Trade Summary

2022

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 2022

Overall Exports and Imports for Luxembourg 2022

Exports and imports of Luxembourg in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 16,766 million.
  • The total value of imports (CIF) was 26,643 million.
  • At the HS6 digit level, 3,523 products were exported to 201 countries and 4,294 products were imported from 218 countries.

Luxembourg top 5 Export and Import partners 2022

Top five countries to which Luxembourg exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Luxembourg exports to Germany worth US$ 4,284 million, with a partner share of 25.55 percent.
  2. Luxembourg exports to France worth US$ 2,576 million, with a partner share of 15.37 percent.
  3. Luxembourg exports to Belgium worth US$ 2,105 million, with a partner share of 12.56 percent.
  4. Luxembourg exports to Netherlands worth US$ 1,127 million, with a partner share of 6.72 percent.
  5. Luxembourg exports to Italy worth US$ 710 million, with a partner share of 4.23 percent.

Top five countries from which Luxembourg imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Luxembourg imports from Belgium worth US$ 6,427 million, with a partner share of 24.12 percent.
  2. Luxembourg imports from Germany worth US$ 6,009 million, with a partner share of 22.55 percent.
  3. Luxembourg imports from France worth US$ 2,794 million, with a partner share of 10.49 percent.
  4. Luxembourg imports from Unspecified worth US$ 2,395 million, with a partner share of 8.99 percent.
  5. Luxembourg imports from Netherlands worth US$ 1,401 million, with a partner share of 5.26 percent.

Luxembourg Top 5 Productsexports imports at HS 6 digit level 2022

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 1,193,288.40 (US$ Thousands).
  2. Luxembourg exported Sheet piling,i or s whether or not drilled/punc , worth 559,625.59 (US$ Thousands).
  3. Luxembourg exported New pneumatic tyres, of rubber of a kind used o , worth 495,506.62 (US$ Thousands).
  4. Luxembourg exported Self-adhesive paper and paperboard , worth 493,433.37 (US$ Thousands).
  5. Luxembourg exported Other self-adhesive plates, tape, strip, foil.. , worth 447,335.91 (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 2,513,004.13 (US$ Thousands).
  2. Luxembourg imported Automobiles nes including gas turbine powered , worth 530,371.51 (US$ Thousands).
  3. Luxembourg imported Other medicaments of mixed or unmixed products, , worth 513,682.12 (US$ Thousands).
  4. Luxembourg imported Automobiles with diesel engine displacing more , worth 509,020.57 (US$ Thousands).
  5. Luxembourg imported Ferrous waste and scrap, iron or steel, nes , worth 418,257.67 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Luxembourg in 2022 are below

  • The maximum rate of tariff in percentage on any product was 319.62 percent.
  • The simple average tariff across all products was 2.66 percent.
  • The trade weighted average tariff was 1.88 .
  • The total duty free imports in thousands of US dollars were 2,386,023.42 and duty free tariff line items share was 62.78 percent.

Development Indicators 2022

Key Development Indicators of Luxembourg in 2022 are below

  • Luxembourg GDP in current US dollar was 82,275 million.
  • GNI per capita, Atlas method (current US$) was 91,200.00 .
  • Luxembourg Trade balance: as % of GDP was 34.26.
  • Trade balance in current US$ was 28,183.00 million.
  • Trade as percentage of GDP was 384.48 .
  • Trade in services as percentage of GDP was 303.58 .

Trade Indicators 2022

Trade Indicators for Luxembourg in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 6.28.
  • World Growth in percentage was 5.18 and Luxembourg Country Growth was 2.22 .