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Monitor Report of LUXEMBOURG trade and LUXEMBOURG-China binational trade in 202005

 1.  Overview the trade of LUXEMBOURG in goods current year until 202005

According to Dalian Infobank, in 202005LUXEMBOURG's exports and imports of goods amounted to 2443.1772 million, and were down 25.57% comparing with the same period of last year. Among these, exports were down 23.26% at 998.2035 million, and imports were down 27.08% at 1444.9738 million. And the corresponding trade deficit was 446.7703 million and down 34.39%.

During the current year until 202005, LUXEMBOURG's total exports and imports of goods were 13193.1356 million and were down 31.38% comparing to the same period of last year. Among these, exports were 5330.5842 million and down 34.08%; imports were 7862.5514 million and down 29.43%. The total trade deficit was 2531.9672 million and down 17.12%.

If considering by country (region), GERMANY, BELGIUM, FRANCE, NETHERLANDS, ITALY were LUXEMBOURG's top five trading partners. During the current year until 202005, LUXEMBOURG's imports and exports to five countries/territories were 3495.1166 million, 3229.6285 million, 1707.7342 million, 713.7009 million, 400.9033 million. These values correspond to 26.49%, 24.48%, 12.94%, 5.41%, 3.04% of LUXEMBOURG's imports and exports, and, respectively, were down 17.14%, down 23.45%, down 24.92%, down 30.03%, down 37.97% comparing to the same period of last year.

Current year until 202005, LUXEMBOURG and the top five trade partners GERMANY, FRANCE, BELGIUM, NETHERLANDS, ITALY are the top five countries/territories that LUXEMBOURG exports to in terms of the total export amount. During the current year until 202005, LUXEMBOURG's exports to these five countries/territories were 1443.6775 million, 865.7606 million, 636.8475 million, 276.3889 million, 206.0201 million. These values correspond to 27.08%, 16.24%, 11.95%, 5.18%, 3.86% of LUXEMBOURG's exports and, respectively, were down 19.11%, down 27.11%, down 19.86%, down 35.93%, down 49.53% comparing with the same period of last year.

Current year until 202005, LUXEMBOURG's exports to top five countries/territories BELGIUM, GERMANY, FRANCE, NETHERLANDS, UNITED STATES are the top five countries/territories that LUXEMBOURG imports from in terms of the total export amount. During the current year until 202005, LUXEMBOURG's imports from these five countries/territories were 2592.7810 million, 2051.4390 million, 841.9736 million, 437.3121 million, 252.3205 million. These values correspond to 32.98%, 26.09%, 10.71%, 5.56%, 3.21% of LUXEMBOURG's total imports and, respectively, were down 24.29%, down 15.70%, down 22.52%, down 25.70%, down 23.51% comparing with the same period of last year.

During the current year until 202005, the trade surplus of LUXEMBOURG was mainly from UNITED KINGDOM, TURKEY, SPAIN, RUSSIA, AUSTRIA at 59.4235 million, 52.3687 million, 41.8781 million, 41.8133 million, 37.2613 million, and down 80.53%, up 8.09%, down 60.35%, down 34.73%, down 52.73%. And the trade deficits were mainly from BELGIUM, GERMANY, NETHERLANDS, JAPAN, UNITED STATES at 1955.9335 million, 607.7615 million, 160.9232 million, 144.7345 million, 119.4988 million, and down 25.62%, down 6.32%, up 2.37%, down 18.05%, up 11.78%.

Current year until 202005, LUXEMBOURG's trade surplus or deficit with top five countries/territories During the current year until 202005,  commodities with hs2 codes, 84, 87, 39, 72, 85, were LUXEMBOURG's top five traded commodities. They correspond to the import and export values of 1545.7829 million, 1458.9073 million, 1083.4319 million, 992.6120 million, 766.3019 million, which were down 14.93%, down 29.93%, down 13.35%, down 30.91%, down 80.56% comparing with the same period of last year and account for 11.72%, 11.06%, 8.21%, 7.52%, 5.81% of LUXEMBOURG's total imports and exports.

During the current year until 202005, 84, 39, 72, 87, 73 were LUXEMBOURG's top five traded commodities, with total import and export values of 713.5933 million, 602.8868 million, 566.7540 million, 419.5436 million, 302.1855 million. These values correspond to 13.39%, 11.31%, 10.63%, 7.87%, 5.67% of LUXEMBOURG's total exports and, respectively, were down 18.40%, down 11.12%, down 29.94%, down 24.94%, down 19.95% comparing to the same period of last year.

During the current year until 202005, 87, 84, 27, 85, 39 were LUXEMBOURG's top five traded commodities, with total import values of 1039.3637 million, 832.1896 million, 666.8825 million, 501.3340 million, 480.5451 million. These values correspond to 13.22%, 10.58%, 8.48%, 6.38%, 6.11% of LUXEMBOURG's total exports and, respectively, were down 31.77%, down 11.71%, down 33.28%, down 75.29%, down 15.99% comparing to the same period of last year.


2. Current year until 202005, LUXEMBOURG binational trade profile

According to Dalian Infobank, during the current year until 202005, LUXEMBOURG-China binational exports and imports of goods amounted to 249.4753 million and were down 84.72% comparing with the same period of last year. Among these, exports from LUXEMBOURG to China were 83.1557 million and down 5.62%, imports from China to LUXEMBOURG were 166.3196 million and down 89.23%. The total binational trade deficit was 83.1640 million and down 94.29%.

During the urrent year until 202005, commodities with hs2 code, 63, 84, 85, 56, 74, were binational trade's top five traded commodities. They correspond to import and export values of 80.7304 million, 37.4065 million, 23.4225 million, 20.1766 million, 15.9709 million and makes up 32.36%, 14.99%, 9.39%, 8.09%, 6.40% of the total binational imports and exports. These values were also up 30700.42%, down 19.97%, down 98.39%, up 8.48%, down 17.04% comparing to the same period last year.

During the current year until 202005, 56, 84, 74, 73, 72 were the top five traded commodities exported to China from LUXEMBOURG, with export values of 20.1682 million, 16.2153 million, 13.9613 million, 8.6528 million, 5.3909 million. These values account for 24.25%, 19.50%, 16.79%, 10.41%, 6.48% of LUXEMBOURG's total exports and were up 8.49%, down 8.27%, down 17.37%, up 128.45%, up 48.30% comparing to the same period of last year.

During the current year until 202005, 63, 84, 85, 39, 90 were LUXEMBOURG's top five traded commodities importing from China , with import values of 80.4900 million, 21.1912 million, 18.3317 million, 7.5555 million, 6.0412 million. These values account for 48.39%, 12.74%, 11.02%, 4.54%, 3.63% of LUXEMBOURG's total imports and were up 31916.89%, down 27.09%, down 98.73%, down 67.88%, up 210.99% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat