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Monitor Report of LUXEMBOURG trade and LUXEMBOURG-China binational trade in 202105

 1.  Overview the trade of LUXEMBOURG in goods current year until 202105

According to Dalian Infobank, in 202105LUXEMBOURG's exports and imports of goods amounted to 3508.6909 million, and were up 43.00% comparing with the same period of last year. Among these, exports were up 33.33% at 1338.0717 million, and imports were up 49.69% at 2170.6192 million. And the corresponding trade deficit was 832.5475 million and up 86.45%.

During the current year until 202105, LUXEMBOURG's total exports and imports of goods were 16988.0053 million and were up 28.58% comparing to the same period of last year. Among these, exports were 6735.5497 million and up 26.19%; imports were 10252.4555 million and up 30.20%. The total trade deficit was 3516.9058 million and up 38.64%.

If considering by country (region), GERMANY, BELGIUM, FRANCE, NETHERLANDS, ITALY were LUXEMBOURG's top five trading partners. During the current year until 202105, LUXEMBOURG's imports and exports to five countries/territories were 4473.5751 million, 4166.2421 million, 2253.4386 million, 1011.7177 million, 551.9260 million. These values correspond to 26.33%, 24.52%, 13.26%, 5.96%, 3.25% of LUXEMBOURG's imports and exports, and, respectively, were up 27.94%, up 28.17%, up 32.37%, up 43.75%, up 36.77% comparing to the same period of last year.

Current year until 202105, 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 202105, LUXEMBOURG's exports to these five countries/territories were 1755.1424 million, 1122.8901 million, 827.7024 million, 401.5301 million, 281.2471 million. These values correspond to 26.06%, 16.67%, 12.29%, 5.96%, 4.18% of LUXEMBOURG's exports and, respectively, were up 21.44%, up 29.23%, up 30.50%, up 44.84%, up 36.10% comparing with the same period of last year.

Current year until 202105, 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 202105, LUXEMBOURG's imports from these five countries/territories were 3338.5398 million, 2718.4326 million, 1130.5485 million, 610.1876 million, 278.0531 million. These values correspond to 32.56%, 26.51%, 11.03%, 5.95%, 2.71% of LUXEMBOURG's total imports and, respectively, were up 27.60%, up 32.52%, up 35.65%, up 43.04%, up 10.20% comparing with the same period of last year.

During the current year until 202105, the trade surplus of LUXEMBOURG was mainly from UNITED KINGDOM, TURKEY, AUSTRIA, SWEDEN, RUSSIA at 74.1595 million, 71.8477 million, 51.8125 million, 51.3324 million, 49.0525 million, and up 28.79%, up 37.20%, up 39.08%, up 41.64%, up 17.31%. And the trade deficits were mainly from BELGIUM, GERMANY, NETHERLANDS, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF INTRA-EU TRADE, JAPAN at 2510.8374 million, 963.2902 million, 208.6575 million, 149.3959 million, 144.3051 million, and up 26.67%, up 58.96%, up 39.69%, up 86.73%, down 0.30%.

Current year until 202105, LUXEMBOURG's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 87, 84, 72, 39, 85, were LUXEMBOURG's top five traded commodities. They correspond to the import and export values of 2109.7913 million, 1953.7385 million, 1414.1756 million, 1370.9416 million, 1003.4887 million, which were up 44.97%, up 26.84%, up 42.30%, up 26.11%, up 29.51% comparing with the same period of last year and account for 12.42%, 11.50%, 8.32%, 8.07%, 5.91% of LUXEMBOURG's total imports and exports.

During the current year until 202105, 84, 72, 39, 87, 73 were LUXEMBOURG's top five traded commodities, with total import and export values of 876.9660 million, 749.8932 million, 724.3431 million, 616.4420 million, 370.3545 million. These values correspond to 13.02%, 11.13%, 10.75%, 9.15%, 5.50% of LUXEMBOURG's total exports and, respectively, were up 23.66%, up 32.31%, up 20.28%, up 45.83%, up 22.96% comparing to the same period of last year.

During the current year until 202105, 87, 84, 27, 72, 85 were LUXEMBOURG's top five traded commodities, with total import values of 1493.3493 million, 1076.7725 million, 825.4495 million, 664.2825 million, 651.4632 million. These values correspond to 14.57%, 10.50%, 8.05%, 6.48%, 6.35% of LUXEMBOURG's total exports and, respectively, were up 44.62%, up 29.55%, up 28.95%, up 55.55%, up 29.93% comparing to the same period of last year.


2. Current year until 202105, LUXEMBOURG binational trade profile

According to Dalian Infobank, during the current year until 202105, LUXEMBOURG-China binational exports and imports of goods amounted to 234.6365 million and were down 5.95% comparing with the same period of last year. Among these, exports from LUXEMBOURG to China were 91.1522 million and up 9.62%, imports from China to LUXEMBOURG were 143.4843 million and down 13.73%. The total binational trade deficit was 52.3321 million and down 37.07%.

During the urrent year until 202105, commodities with hs2 code, 84, 85, 39, 74, 30, were binational trade's top five traded commodities. They correspond to import and export values of 45.8514 million, 27.2129 million, 27.1756 million, 24.1406 million, 17.8946 million and makes up 19.54%, 11.60%, 11.58%, 10.29%, 7.63% of the total binational imports and exports. These values were also up 22.58%, up 16.18%, up 152.43%, up 51.15%, up 32568.77% comparing to the same period last year.

During the current year until 202105, 84, 74, 56, 85, 88 were the top five traded commodities exported to China from LUXEMBOURG, with export values of 23.1291 million, 21.4776 million, 13.6368 million, 8.6195 million, 5.0447 million. These values account for 25.37%, 23.56%, 14.96%, 9.46%, 5.53% of LUXEMBOURG's total exports and were up 42.64%, up 53.84%, down 32.38%, up 69.31%, up 275.94% comparing to the same period of last year.

During the current year until 202105, 39, 84, 85, 30, 38 were LUXEMBOURG's top five traded commodities importing from China , with import values of 23.3784 million, 22.7223 million, 18.5934 million, 17.8923 million, 13.1030 million. These values account for 16.29%, 15.84%, 12.96%, 12.47%, 9.13% of LUXEMBOURG's total imports and were up 209.42%, up 7.23%, up 1.43%, up 38876.67%, up 2273.32% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat