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Luxembourg Trade Summary

2021

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 2021

Overall Exports and Imports for Luxembourg 2021

Exports and imports of Luxembourg in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 16,247 million.
  • The total value of imports (CIF) was 25,537 million.
  • At the HS6 digit level, 3,481 products were exported to 204 countries and 4,316 products were imported from 220 countries.

Luxembourg top 5 Export and Import partners 2021

Top five countries to which Luxembourg exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Luxembourg exports to Germany worth US$ 4,079 million, with a partner share of 25.11 percent.
  2. Luxembourg exports to France worth US$ 2,604 million, with a partner share of 16.03 percent.
  3. Luxembourg exports to Belgium worth US$ 2,078 million, with a partner share of 12.79 percent.
  4. Luxembourg exports to Netherlands worth US$ 1,045 million, with a partner share of 6.43 percent.
  5. Luxembourg exports to Italy worth US$ 690 million, with a partner share of 4.25 percent.

Top five countries from which Luxembourg imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Luxembourg imports from Germany worth US$ 6,036 million, with a partner share of 23.64 percent.
  2. Luxembourg imports from Belgium worth US$ 6,003 million, with a partner share of 23.51 percent.
  3. Luxembourg imports from France worth US$ 3,122 million, with a partner share of 12.22 percent.
  4. Luxembourg imports from Unspecified worth US$ 1,549 million, with a partner share of 6.07 percent.
  5. Luxembourg imports from Netherlands worth US$ 1,077 million, with a partner share of 4.22 percent.

Luxembourg Top 5 Productsexports imports at HS 6 digit level 2021

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 US$ 969,843.81 million.
  2. Luxembourg exported Sheet piling,i or s whether or not drilled/punc , worth US$ 494,735.93 million.
  3. Luxembourg exported New pneumatic tyres, of rubber of a kind used o , worth US$ 457,945.18 million.
  4. Luxembourg exported Other self-adhesive plates, tape, strip, foil.. , worth US$ 435,509.53 million.
  5. Luxembourg exported Self-adhesive paper and paperboard , worth US$ 417,195.66 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$ 1,565,935.73 million.
  2. Luxembourg imported Automobiles with diesel engine displacing more , worth US$ 572,811.48 million.
  3. Luxembourg imported Other medicaments of mixed or unmixed products, , worth US$ 510,968.53 million.
  4. Luxembourg imported Automobiles with reciprocating piston engine di , worth US$ 485,303.37 million.
  5. Luxembourg imported Ferrous waste and scrap, iron or steel, nes , worth US$ 466,625.50 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Luxembourg in 2021 are below

  • The maximum rate of tariff in percentage on any product was 209.19 percent.
  • The simple average tariff across all products was 2.87 percent.
  • The trade weighted average tariff was 1.70 .
  • The total duty free imports in thousands of US dollars were 2,694,269.45 and duty free tariff line items share was 57.38 percent.

Development Indicators 2021

Key Development Indicators of Luxembourg in 2021 are below

  • Luxembourg GDP in current US dollar was 85,506 million.
  • GNI per capita, Atlas method (current US$) was 88,190.00 .
  • Luxembourg Trade balance: as % of GDP was 34.75.
  • Trade balance in current US$ was 29,710.00 million.
  • Trade as percentage of GDP was 388.12 .
  • Trade in services as percentage of GDP was 316.32 .

Trade Indicators 2021

Trade Indicators for Luxembourg in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 6.46.
  • World Growth in percentage was 12.59 and Luxembourg Country Growth was 11.73 .