Close

Monitor Report of LUXEMBOURG trade and LUXEMBOURG-China binational trade in 202012

 1.  Overview the trade of LUXEMBOURG in goods current year until 202012

According to Dalian Infobank, in 202012LUXEMBOURG's exports and imports of goods amounted to 3131.4281 million, and were up 7.09% comparing with the same period of last year. Among these, exports were up 17.06% at 1198.8174 million, and imports were up 1.72% at 1932.6107 million. And the corresponding trade deficit was 733.7933 million and down 16.21%.

During the current year until 202012, LUXEMBOURG's total exports and imports of goods were 34638.9127 million and were down 14.91% comparing to the same period of last year. Among these, exports were 13800.5218 million and down 16.18%; imports were 20838.3908 million and down 14.05%. The total trade deficit was 7037.8690 million and down 9.56%.

If considering by country (region), GERMANY, BELGIUM, FRANCE, NETHERLANDS, ITALY were LUXEMBOURG's top five trading partners. During the current year until 202012, LUXEMBOURG's imports and exports to five countries/territories were 9113.2442 million, 8659.8143 million, 4451.9090 million, 1874.4404 million, 1079.2219 million. These values correspond to 26.31%, 25.00%, 12.85%, 5.41%, 3.12% of LUXEMBOURG's imports and exports, and, respectively, were down 4.58%, down 12.13%, down 13.26%, down 16.18%, down 17.75% comparing to the same period of last year.

Current year until 202012, 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 202012, LUXEMBOURG's exports to these five countries/territories were 3678.8049 million, 2253.6952 million, 1696.3909 million, 728.6134 million, 537.7132 million. These values correspond to 26.66%, 16.33%, 12.29%, 5.28%, 3.90% of LUXEMBOURG's exports and, respectively, were down 6.08%, down 12.20%, down 7.76%, down 17.31%, down 27.80% comparing with the same period of last year.

Current year until 202012, 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 202012, LUXEMBOURG's imports from these five countries/territories were 6963.4234 million, 5434.4394 million, 2198.2138 million, 1145.8270 million, 591.4729 million. These values correspond to 33.42%, 26.08%, 10.55%, 5.50%, 2.84% of LUXEMBOURG's total imports and, respectively, were down 13.14%, down 3.54%, down 14.32%, down 15.45%, down 17.91% comparing with the same period of last year.

During the current year until 202012, the trade surplus of LUXEMBOURG was mainly from UNITED KINGDOM, TURKEY, RUSSIA, AUSTRIA, SWEDEN at 180.7087 million, 156.2995 million, 101.3845 million, 99.0080 million, 79.7943 million, and down 53.58%, up 23.58%, down 35.82%, down 26.43%, down 74.81%. And the trade deficits were mainly from BELGIUM, GERMANY, NETHERLANDS, JAPAN, UNITED STATES at 5267.0326 million, 1755.6345 million, 417.2136 million, 303.8655 million, 283.3932 million, and down 14.74%, up 2.24%, down 11.99%, down 32.57%, up 3.86%.

Current year until 202012, LUXEMBOURG's trade surplus or deficit with top five countries/territories During the current year until 202012,  commodities with hs2 codes, 87, 84, 39, 72, 85, were LUXEMBOURG's top five traded commodities. They correspond to the import and export values of 4391.5798 million, 4007.9789 million, 2715.0727 million, 2371.6088 million, 2096.7263 million, which were down 8.84%, down 8.87%, down 4.90%, down 22.08%, down 60.44% comparing with the same period of last year and account for 12.68%, 11.57%, 7.84%, 6.85%, 6.05% of LUXEMBOURG's total imports and exports.

During the current year until 202012, 84, 39, 72, 87, 73 were LUXEMBOURG's top five traded commodities, with total import and export values of 1855.9431 million, 1485.6969 million, 1310.3088 million, 1270.6906 million, 782.9569 million. These values correspond to 13.45%, 10.77%, 9.49%, 9.21%, 5.67% of LUXEMBOURG's total exports and, respectively, were down 10.64%, down 3.81%, down 24.90%, down 2.35%, down 8.09% comparing to the same period of last year.

During the current year until 202012, 87, 84, 27, 85, 39 were LUXEMBOURG's top five traded commodities, with total import values of 3120.8892 million, 2152.0358 million, 1459.3671 million, 1364.3295 million, 1229.3759 million. These values correspond to 14.98%, 10.33%, 7.00%, 6.55%, 5.90% of LUXEMBOURG's total exports and, respectively, were down 11.25%, down 7.30%, down 35.99%, down 52.98%, down 6.19% comparing to the same period of last year.


2. Current year until 202012, LUXEMBOURG binational trade profile

According to Dalian Infobank, during the current year until 202012, LUXEMBOURG-China binational exports and imports of goods amounted to 520.0273 million and were down 72.92% comparing with the same period of last year. Among these, exports from LUXEMBOURG to China were 210.2088 million and up 2.17%, imports from China to LUXEMBOURG were 309.8185 million and down 81.93%. The total binational trade deficit was 99.6097 million and down 93.40%.

During the urrent year until 202012, commodities with hs2 code, 84, 63, 85, 74, 56, were binational trade's top five traded commodities. They correspond to import and export values of 95.0910 million, 84.2917 million, 60.2911 million, 52.7049 million, 46.8198 million and makes up 18.29%, 16.21%, 11.59%, 10.14%, 9.00% of the total binational imports and exports. These values were also down 15.50%, up 14533.40%, down 96.02%, up 16.15%, up 12.20% comparing to the same period last year.

During the current year until 202012, 74, 56, 84, 85, 73 were the top five traded commodities exported to China from LUXEMBOURG, with export values of 47.8001 million, 46.6481 million, 41.1820 million, 15.6344 million, 12.7293 million. These values account for 22.74%, 22.19%, 19.59%, 7.44%, 6.06% of LUXEMBOURG's total exports and were up 19.49%, up 11.85%, down 0.79%, down 19.12%, up 35.63% comparing to the same period of last year.

During the current year until 202012, 63, 84, 85, 39, 87 were LUXEMBOURG's top five traded commodities importing from China , with import values of 84.0310 million, 53.9090 million, 44.6567 million, 24.6210 million, 18.7863 million. These values account for 27.12%, 17.40%, 14.41%, 7.95%, 6.06% of LUXEMBOURG's total imports and were up 15544.03%, down 24.10%, down 97.01%, down 48.82%, up 28.31% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat