Luxembourg Trade Balance

1988 - 2024 | Monthly | USD mn | CEIC Data

Key information about Luxembourg's Trade Balance

  • Luxembourg's Trade Balance recorded a deficit of 835.7 USD mn in Jul 2024, compared with a deficit of 727.5 USD mn in the previous month
  • Luxembourg's Trade Balance data is updated monthly, available from Jan 1988 to Jul 2024, with an averaged value of -404.4 USD mn
  • The data reached an all-time high of -31.8 USD mn in May 1989 and a record low of -1.6 USD bn in May 2021
CEIC converts monthly Trade Balance into USD. The Statistics Portal of Luxembourg provides Trade Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Luxembourg's Trade Balance

  • In the latest reports, Luxembourg's Total Exports reached 1.3 USD bn in Jul 2024, a decrease of 10.8% YoY (year-on-year)
  • Total Imports recorded 2.2 USD bn in Jul 2024, a decrease of 10.8% YoY (year-on-year)

View Luxembourg's Trade Balance from Jan 1988 to Jul 2024 in the chart:

Luxembourg Trade Balance

What was Luxembourg's Trade Balance in Jul 2024?

Luxembourg's Trade Balance recorded a deficit of 835.7 USD mn in Jul 2024, compared with a deficit of 727.5 USD mn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-835.7 Jul 2024 -727.5 Jun 2024 -1,643.0 May 2021 -31.8 May 1989 USD mn monthly Jan 1988 - Jul 2024

Trade Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -513.9 Aug 2024 monthly Oct 1998 - Aug 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,907.3 Aug 2024 monthly Jan 1991 - Aug 2024
Armenia (USD mn) -263.7 Aug 2024 monthly Nov 1995 - Aug 2024
Australia (USD mn) 4,009.8 Jul 2024 monthly Jul 1971 - Jul 2024
Austria (USD mn) 525.7 Jun 2024 monthly Jan 1957 - Jun 2024
Azerbaijan (USD mn) 162.0 Aug 2024 monthly Jan 2000 - Aug 2024
Bahrain (USD mn) 4,501.7 2023 yearly 1966 - 2023
Bangladesh (USD mn) -1,386.9 Jul 2024 monthly Jul 1986 - Jul 2024
Belarus (USD mn) -210.6 Jul 2024 monthly Jan 2000 - Jul 2024
Belgium (USD mn) 3,259.1 May 2024 monthly Jan 1993 - May 2024
Bolivia (USD mn) 47.9 Aug 2024 monthly Oct 1994 - Aug 2024
Bosnia and Herzegovina (USD mn) -597.0 Aug 2024 monthly Jan 2000 - Aug 2024
Botswana (USD mn) -310.1 Jul 2024 monthly Jan 2001 - Jul 2024
Brazil (USD mn) 4,828.2 Aug 2024 monthly Jan 1959 - Aug 2024
Brunei (USD mn) 282.7 Jul 2024 monthly Jan 2010 - Jul 2024
Bulgaria (USD mn) -436.8 Jul 2024 monthly Jan 1995 - Jul 2024
Cambodia (USD mn) 430.1 Aug 2024 monthly Jun 2013 - Aug 2024
Canada (USD mn) 498.8 Jul 2024 monthly Jan 1988 - Jul 2024
Chile (USD mn) 1,132.2 Aug 2024 monthly Jan 1968 - Aug 2024
China (USD mn) 91,021.6 Aug 2024 monthly Jan 1992 - Aug 2024
Colombia (USD mn) -962.8 Jul 2024 monthly Jan 1958 - Jul 2024
Croatia (USD mn) -1,753.7 Jun 2024 monthly Jan 1993 - Jun 2024
Cyprus (USD mn) -782.6 Jul 2024 monthly Jan 1957 - Jul 2024
Czech Republic (USD mn) 1,165.9 Jul 2024 monthly Jan 1996 - Jul 2024
Denmark (USD mn) 4,378.0 Jul 2024 monthly Jan 1997 - Jul 2024
Ecuador (USD mn) 511.2 Jul 2024 monthly Mar 1992 - Jul 2024
Egypt (USD mn) -4,601.0 Jul 2024 monthly Jan 1957 - Jul 2024
Estonia (USD mn) -348.1 Jul 2024 monthly Jan 1993 - Jul 2024
European Union (USD mn) 16,314.3 Jun 2024 monthly Jan 2002 - Jun 2024
Finland (USD mn) -103.5 Jan 2024 monthly Jan 1992 - Jan 2024
France (USD mn) -6,382.4 Jul 2024 monthly Jan 2000 - Jul 2024
Georgia (USD mn) -702.4 Aug 2024 monthly Jan 1995 - Aug 2024
Germany (USD mn) 18,385.7 Jul 2024 monthly Jan 1957 - Jul 2024
Ghana (USD mn) 406.2 Jun 2024 monthly Mar 2005 - Jun 2024
Greece (USD mn) -2,936.2 Jul 2024 monthly Jan 2002 - Jul 2024
Hong Kong SAR, China (USD mn) -4,249.6 Aug 2024 monthly Jan 1957 - Aug 2024
Hungary (USD mn) 1,208.9 Jun 2024 monthly Jan 1976 - Jun 2024
Iceland (USD mn) -196.8 Aug 2024 monthly Jan 1957 - Aug 2024
India (USD mn) -29,650.0 Aug 2024 monthly Jan 1957 - Aug 2024
Indonesia (USD mn) 499.7 Jul 2024 monthly Jan 1967 - Jul 2024
Iran (USD mn) 32,176.0 2023 yearly 1948 - 2023
Ireland (USD mn) 7,654.7 May 2024 monthly Jan 1970 - May 2024
Israel (USD mn) -1,645.4 Aug 2024 monthly Jan 1988 - Aug 2024
Italy (USD mn) 4,794.9 Jun 2024 monthly Jan 1993 - Jun 2024
Ivory Coast (USD mn) 2,358.4 Jun 2024 monthly Jan 1981 - Jun 2024
Japan (USD mn) -4,073.8 Aug 2024 monthly Apr 1995 - Aug 2024
Jordan (USD mn) -1,320.4 Jul 2024 monthly Jan 1972 - Jul 2024
Kazakhstan (USD mn) 1,782.9 May 2024 monthly Sep 1995 - May 2024
Kenya (USD mn) -887.7 May 2024 monthly Oct 1992 - May 2024
South Korea (USD mn) 6,658.0 Sep 2024 monthly Jan 1966 - Sep 2024
Kosovo (USD mn) -549.3 Aug 2024 monthly Jan 2003 - Aug 2024
Kuwait (USD mn) 3,536.5 Jun 2024 monthly Jan 1993 - Jun 2024
Kyrgyzstan (USD mn) -624.9 Jun 2024 monthly Jan 2002 - Jun 2024
Laos (USD mn) -170.9 Dec 2023 quarterly Dec 1992 - Dec 2023
Latvia (USD mn) -550.4 Jul 2024 monthly Jan 1995 - Jul 2024
Lebanon (USD mn) -1,062.6 Dec 2023 monthly Jan 1993 - Dec 2023
Lithuania (USD mn) -397.3 Jul 2024 monthly Jan 1999 - Jul 2024
Luxembourg (USD mn) -835.7 Jul 2024 monthly Jan 1988 - Jul 2024
Macau SAR, China (USD mn) -1,153.0 Aug 2024 monthly Jan 1998 - Aug 2024
North Macedonia (USD mn) -332.8 Jul 2024 monthly Dec 1993 - Jul 2024
Malawi (USD mn) -194.6 Mar 2024 monthly Jan 1964 - Mar 2024
Malaysia (USD mn) 2,216.2 Aug 2024 monthly Jan 1990 - Aug 2024
Malta (USD mn) -544.6 Jul 2024 monthly Jan 1960 - Jul 2024
Mauritius (USD mn) -369.3 Jul 2024 monthly Jan 2006 - Jul 2024
Mexico (USD mn) -2,565.3 Aug 2024 monthly Jan 1993 - Aug 2024
Moldova (USD mn) -503.5 Jul 2024 monthly Jan 1992 - Jul 2024
Mongolia (USD mn) 344.2 Jul 2024 monthly Jan 1997 - Jul 2024
Montenegro (USD mn) -346.5 Aug 2024 monthly Jan 2005 - Aug 2024
Morocco (USD mn) -2,995.1 Jul 2024 monthly Jan 1957 - Jul 2024
Mozambique (USD mn) 106.5 Jun 2024 monthly Jan 2011 - Jun 2024
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -944.3 Jul 2024 monthly Aug 1974 - Jul 2024
Netherlands (USD mn) 11,648.6 Jul 2024 monthly Jan 1996 - Jul 2024
New Zealand (USD mn) -1,341.2 Aug 2024 monthly Jan 1960 - Aug 2024
Nigeria (USD mn) 2,786.0 Jun 2024 monthly Jan 2003 - Jun 2024
Norway (USD mn) 5,459.0 May 2024 monthly Jan 1957 - May 2024
Oman (USD mn) 1,680.0 Jul 2024 monthly Jan 1975 - Jul 2024
Pakistan (USD mn) -1,675.0 Aug 2024 monthly Jan 1968 - Aug 2024
Palestinian Territory (USD mn) -484.2 Jul 2024 monthly Jan 2011 - Jul 2024
Panama (USD mn) -1,146.3 Jul 2024 monthly Jan 1964 - Jul 2024
Paraguay (USD mn) -57.0 Aug 2024 monthly Jan 1994 - Aug 2024
Peru (USD mn) 2,297.4 Jul 2024 monthly Jan 1985 - Jul 2024
Philippines (USD mn) -4,868.9 Jul 2024 monthly Jan 1957 - Jul 2024
Poland (USD mn) -838.2 Jul 2024 monthly Jan 1986 - Jul 2024
Portugal (USD mn) -2,261.3 Jul 2024 monthly Jan 1957 - Jul 2024
Qatar (USD mn) 5,531.0 Jul 2024 monthly Jan 2014 - Jul 2024
Romania (USD mn) -3,199.0 Jul 2024 monthly Aug 1990 - Jul 2024
Russia (USD mn) 11,220.7 Jul 2024 monthly Jan 1998 - Jul 2024
Saudi Arabia (USD mn) 113,078.6 2023 yearly 1957 - 2023
Serbia (USD mn) -1,070.3 Jul 2024 monthly Jan 2001 - Jul 2024
Singapore (USD mn) 4,820.3 Jul 2024 monthly Jan 1976 - Jul 2024
Slovakia (USD mn) 223.2 Jul 2024 monthly Jan 2004 - Jul 2024
Slovenia (USD mn) 347.6 Jul 2024 monthly Nov 1991 - Jul 2024
South Africa (USD mn) 312.1 Aug 2024 monthly Oct 2004 - Aug 2024
Spain (USD mn) -4,050.1 May 2024 monthly Jun 1974 - May 2024
Sri Lanka (USD mn) -429.6 Aug 2024 monthly Jan 1982 - Aug 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) -510.1 Aug 2024 monthly Jan 1957 - Aug 2024
Switzerland (USD mn) 5,367.6 Aug 2024 monthly Jan 1957 - Aug 2024

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 24,967.814 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.1 2023 yearly 1995 - 2023
National Government Debt (USD mn) 22,520.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Government Debt: % of GDP (%) 27.2 Mar 2024 quarterly Dec 1997 - Mar 2024
Forecast: Government Expenditure (EUR bn) 51.850 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 32.310 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 50.255 2029 yearly 1995 - 2029
General Government Debt: Consolidated (EUR mn) 20,358.500 Dec 2023 quarterly Dec 1995 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -835.7 Jul 2024 monthly Jan 1988 - Jul 2024
Total Exports (USD mn) 1,339.9 Jul 2024 monthly Jan 1988 - Jul 2024
Total Exports Growth (%) -1.6 Jul 2024 monthly Jan 1989 - Jul 2024
Aluminum: Exports (USD th) 414,103.410 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 88,440.139 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 30,283.048 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,175.6 Jul 2024 monthly Jan 1988 - Jul 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 475,818.281 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 147,812.953 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 37.081 Jul 2024 monthly Jan 1988 - Jul 2024
Total Imports from USA (USD mn) 49.951 Jul 2024 monthly Jan 1988 - Jul 2024
Total Exports to China (USD mn) 21.930 Jun 2024 monthly Jan 1997 - Jun 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -770.414 Jul 2024 monthly Jan 1988 - Jul 2024
Exports (EUR mn) 1,229.702 Jul 2024 monthly Jan 1988 - Jul 2024
Imports: sa (EUR mn) 2,005.726 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: sa (EUR mn) 1,235.313 Jul 2024 monthly Jan 1988 - Jul 2024
Total Exports: MoM: sa (%) 4.567 Jul 2024 monthly Jan 1988 - Jul 2024
Total Exports: YoY (%) -1.877 Jul 2024 monthly Jan 1988 - Jul 2024
Total Imports: MoM: sa (%) 7.994 Jul 2024 monthly Jan 1988 - Jul 2024
Total Imports: YoY (%) 5.808 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Other Manufactured Goods (EUR mn) 186.196 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Chemicals and Related Products (EUR mn) 173.765 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Base Metal Products (EUR mn) 243.640 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Transport Equipment (EUR mn) 136.870 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Machinery and Equipment (EUR mn) 203.738 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 209.300 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: America: ow United States of America (EUR mn) 34.185 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: Asia: ow Japan (EUR mn) 2.391 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 314.305 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 157.895 Jul 2024 monthly Jan 1988 - Jul 2024
Exports: European Union (EUR mn) 1,013.049 Jul 2024 monthly Jan 1988 - Jul 2024
Imports: Asia: ow Japan (EUR mn) 15.061 Jul 2024 monthly Jan 1988 - Jul 2024
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -21,008.1 Jun 2024 quarterly Mar 2002 - Jun 2024
Current Account Balance (USD mn) 2,694.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Current Account Balance: % of GDP (%) 12.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Direct Investment (USD mn) -27,181.5 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Direct Investment: % of GDP (%) -120.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment (USD mn) 77,828.282 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 346.3 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -15,427.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -10,542.166 Dec 2023 quarterly Mar 2002 - Dec 2023
External Debt (USD mn) 3,789,624.5 Mar 2024 quarterly Dec 2002 - Mar 2024
External Debt: % of GDP (%) 4,321.4 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,001,506.6 Mar 2024 quarterly Dec 2002 - Mar 2024
External Debt: Short Term: % of GDP (%) 1,146.4 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,210.0 Mar 2024 quarterly Dec 1995 - Mar 2024
Forecast: Current Account Balance (USD bn) 4.708 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 27,828.231 Jun 2024 quarterly Dec 2002 - Jun 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 5,291.206 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: FA: Portfolio Investment (PI) (EUR mn) -43,938.479 Jun 2024 quarterly Mar 2002 - Jun 2024
IIP: Liabilities (EUR mn) 12,266,684.554 Jun 2024 quarterly Dec 2002 - Jun 2024
IIP: Assets (EUR mn) 12,292,665.537 Jun 2024 quarterly Dec 2002 - Jun 2024
International Investment Position (IIP): Net (EUR mn) 25,980.983 Jun 2024 quarterly Dec 2002 - Jun 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,255.416 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt (EUR mn) 3,511,838.111 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt: General Government (EUR mn) 11,255.416 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Mar 2024 quarterly Dec 2002 - Mar 2024
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 68.3 Mar 2024 quarterly Dec 1995 - Mar 2024
Money Supply M1 (USD mn) 321,293.001 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply M2 (USD mn) 426,916.001 Aug 2024 monthly Jan 1999 - Aug 2024
M2 Growth (%) 7.0 Aug 2024 monthly Jan 2000 - Aug 2024
Reserve Requirement Ratio (%) 1.0 Aug 2024 monthly Jan 1999 - Aug 2024
Foreign Exchange Reserves (USD mn) 195.7 Aug 2024 monthly Jan 1999 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 0.237 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 0.1 Jul 2024 monthly Jan 1999 - Jul 2024
Gold Reserves (USD mn) 181.685 Aug 2024 monthly Jan 1999 - Aug 2024
Total Deposits (USD mn) 826,670.699 Jun 2024 quarterly Mar 2003 - Jun 2024
Total Deposits Growth (%) 1.1 Jun 2024 quarterly Mar 2004 - Jun 2024
Domestic Credit (USD mn) 153,602.2 Jul 2024 monthly Jan 1999 - Jul 2024
Domestic Credit Growth (%) 1.2 Jul 2024 monthly Jan 2000 - Jul 2024
Credit to Households (USD bn) 60.665 Dec 2023 quarterly Mar 1995 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 337.657 Dec 2023 quarterly Mar 1995 - Dec 2023
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 754,753.204 Aug 2024 monthly Jan 2001 - Aug 2024
Total Loans Growth (%) 1.19 Aug 2024 monthly Jan 2002 - Aug 2024
Private Debt: % of Nominal GDP (%) 89.97 Jun 2024 quarterly Mar 1999 - Jun 2024
Money Supply: M3 (EUR bn) 507.200 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply: M3: M2 (EUR bn) 386.000 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply: M3: M2: M1 (EUR bn) 290.500 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets (EUR mn) 2,720.790 Aug 2024 monthly Jan 1999 - Aug 2024
Official Reserve Assets: Foreign Exchange (EUR mn) 176.957 Aug 2024 monthly Jan 1999 - Aug 2024
Bank Deposits: Domestic (EUR mn) 313,150.700 Aug 2024 monthly Jan 2003 - Aug 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 150,948.400 Aug 2024 monthly Jan 1999 - Aug 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 10.7 Sep 2024 monthly Jan 1986 - Sep 2024

More Indicators for Luxembourg

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