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Luxembourg Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Luxembourg

Luxembourg

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

73 205 116 868 4.4 204 596 175.1

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

79 13 -

Imports

69 16 -

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 13 803 20 929 2020 0.08

Share in world total exports (%)

2010-2020 -4 -2

2019 0 0

2020 -16 -14 2020 0.12

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 9.3

Fuels and mining products: 4.1

Agricultural products: 13.2

Fuels and mining products: 14.6

Manufactures: 84.7

Other: 1.8

Manufactures: 71.7

Other: 0.5

By main destination, % (2020)

By main origin, % (2020)

European Union: 78.4 United States of America: 2.3 Turkey: 1.4

United Kingdom: 3.4 China: 1.6 Other: 12.9

European Union: 76.4 United States of America: 3.2 United Kingdom: 1.8

China: 3.3 Japan: 2.1 Other: 13.3

Agricultural Products Value

Top exported products (Million US$) HS0406 HS2008 HS0401 HS2402 HS2106

2020 . 206 182 134 80 59

Cheese and curd Plants' parts otherwise preserved Milk and cream, not concentrated Cigars, cheroots, cigarillos Other food preparations

Value

Top imported products (Million US$) HS0406 HS2208 HS2204 HS2402 HS2202

2020

Cheese and curd Alcohol of less than 80% volume Wine of fresh grapes Cigars, cheroots, cigarillos Waters containing added sugar

282 137 125 123 120

Share in economy's trade in agricultural products Exports 0%

10%

Imports 20%

0%

HS0406

HS0406

HS2008

HS2208

HS0401

HS2204

HS2402

HS2402

HS2106

HS2202

5%

10%

15%

Million US$ Exports Imports

Value

2020 1 341 2 760

Annual percentage change

2010-2020 2 2

2019 -5 -3

2020 2 3

Non-Agricultural Products Value

Top exported products (Million US$) HS7216 HS8703 HS4011 HS7301 HS4811

Angles, shapes and sections of iron Motor cars for transport of persons New pneumatic tyres, of rubber Sheet piling of iron or steel Paper, paperboard rettangular

2020

Top imported products (Million US$)

738 652 489 401 380

HS8703 HS2710 HS7204 HS3004 HS8802

Value 2020

Motor cars for transport of persons Petroleum oils, other than crude Ferrous waste and scrap Medicaments in measured doses Other aircraft

2 202 1 030 489 481 439

Share in economy's trade in non-agricultural products Exports 0%

218

5%

Imports 10%

0%

HS7216

HS8703

HS8703

HS2710

HS4011

HS7204

HS7301

HS3004

HS4811

HS8802

5%

10%

15%

Million US$ Exports Imports

Value

2020 11 896 17 739

Annual percentage change

2010-2020 0 0

2019 -3 -1

2020 -9 -11

World Trade Organization – Trade Profiles 2021


Luxembourg TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

110 215 86 467 2020 2.24

Share in world total exports (%) Breakdown in economy's total exports

2019

2020

2 6

-2 -3

6 7

2020 1.88

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 5.5 Other commercial services: 89.9

Travel: 4.3 Goods-related services: 0.2

Transport: 6.9 Other commercial services: 85.1

By main destination, % (2019) a

Travel: 3.2 Goods-related services: 4.8

By main origin, % (2019) a

European Union: 59.7 Switzerland: 6 Hong Kong, China: 1.1

United Kingdom: 15.8 United States of America: 4.9 Other: 12.5

European Union: 50.9 United Kingdom: 14.4 Switzerland: 5.2

Value

FATS sales Inward (million US$, 2016) Outward (million US$)

United States of America: 15.9 Singapore: 5.5 Other: 8.1

Annual percentage change

2018 28 054 4 158

2010-2018 17 2

2017 na 8

2018 na -10

Transport Luxembourg

200

World

100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 6 105 5 944

Exports By sea (2019) By air (2019) By other (2019)

2010-2020 6 11

Value

Share (%)

324 2 953 2 250

5.7 52.4 39.9

Annual percentage change 2019 -9 1

Imports By sea (2019) By air (2019) By other (2019)

2020 8 -2

Value

Share (%)

562 1 265 4 116

9.3 20.9 68.0

Travel Luxembourg

200

World

Value

Million US$ Exports Imports

100 0

2010

2013

2016

2020 4 780 2 771

2010-2020 -2 1

Annual percentage change 2019 -6 9

2020 -17 -24

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2020) 3.8

23.3

63.9

2020

2010-2020

Other commercial services Exports 99 129 Imports 73 602

Financial services 9.0

Value

Other business services ICTs

6 7

2020

Goods-related services Exports Imports

Other

Annual percentage change

2010-2020

201 4 150

14 8

2019

2020

3 6

-2 -1

2019

2020

4 8

-17 -16

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

117

Non-residents

359

Trademark applications Total

476

Residents

na

Industrial design applications

Non-residents

na

Total

na

Residents

na

Non-residents

na

Total

na

a Total services instead of commercial services.

World Trade Organization – Trade Profiles 2021

219


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