IMPORT EXPORT
LuxemBourg import Statistics

Luxembourg Import Data

The Grand Duchy of Luxembourg is another name for Luxembourg. Since the nation is classified as a landlocked one, it borders Belgium, Germany, and France. Among the four nations that make up the European Union is Luxembourg. In 2023, Luxembourg had a population of about 6.40 lakh people. Luxembourg, a landlocked country in Western Europe, has a robust economy and is considered one of the wealthiest nations in the world. The country has a thriving import industry that plays a significant role in its economic growth. Over the years, Luxembourg has witnessed a steady increase in its import volume. This growth can be attributed to factors such as expanding domestic consumption, a growing manufacturing sector, and the country's strategic location as a gateway to the European market. Based on the Luxembourg trade statistics, Luxembourg is ranked as the 75th biggest importer globally. 

According to the Luxembourg import data, the country imported $25.2 billion worth of goods in 2023. In comparison with the previous year, goods imports into Luxembourg declined by 5%. Based on the Luxembourg shipment data for 2023, vehicles are Luxembourg’s biggest imports, while Belgium is its biggest import partner. The total GDP of Luxembourg is $85.76 billion, with a GDP import share of 75.11%. Luxembourg is a part of trading blocs such as the EU, WTO, and GATT. Let us delve into the details of Luxembourg's import data, focusing on its trends, key sectors, and potential opportunities for the year 2023 with a key focus on the Luxembourg statistical data.

Luxembourg Import Data | Luxembourg Statistical Data

75

The country has been ranked 75th in global imports, showing a significant position in the international trade landscape.

0.1%

With a mere 0.61% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

BELGIUM

Belgium holds a significant role as the largest import partner of the country in terms of goods imports.

VEHICLES

Vehicles are the major and biggest import commodities of the country, playing a vital role in its economy. 

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Luxembourg: Luxembourg Import Data by HS Code

Luxembourg, known for its robust economy and thriving international trade, has a well-diversified portfolio of imports that contribute to its economic prosperity. The top 10 imports of Luxembourg encompass a wide range of goods and services. Luxembourg’s top 10 imports in 2023 according to the Luxembourg trade data and Luxembourg import data are:

  • Vehicles (HS code 87): 14.89% ($3.75 billion)
  • Mineral fuels and oils (HS code 27): 12.51% ($3.15 billion)
  • Nuclear reactors and machinery (HS code 84): 8.16% ($2.05 billion)
  • Electrical machinery and equipment (HS code 85): 6.04% ($1.52 billion)
  • Plastics and articles thereof (HS code 39): 5.33% ($1.34 billion)
  • Iron and steel (HS code 72): 4.6% ($1.15 billion)
  • Pharmaceutical products (HS code 30): 2.92% ($736.44 million)
  • Rubber and articles thereof (HS code 40): 2.91% ($733.15 million)
  • Beverages, spirits, and vinegar (HS code 22): 2.45% ($618.05 million) 
  • Articles of iron or steel (HS code 73): 2.45% ($609.24 million)  
    • Partners

    Top 10 Import Partners of Luxembourg: Luxembourg Import Data by Country

    Notably, the country's top import partners play a crucial role in facilitating this trade. The top 10 import partners of Luxembourg consist of neighboring European countries such as Germany, Belgium, and France, which collectively account for a significant portion of the nation's imports. The top 10 import partners of Luxembourg in 2023 as per the Luxembourg trade data and Luxembourg shipment data include:

    Value In Percentage(%)

  • Belgium: 24.4% (6.14 billion US$)
  • Germany: 21.8% (5.50 billion US$)
  • France: 10.4% (2.62 billion US$)
  • Netherlands: 4.7% (1.18 billion US$)
  • Italy: 3.4% (855.68 million US$)
  • China: 3.2% (817.52 million US$)
  • USA: 2.7% (692.44 million US$)
  • Poland: 2.3% (587.05 million US$)
  • Japan: 1.9% (469.32 million US$)
  • Spain: 1.8% (441.86 million US$) 
    • Sample Data

    Understanding Luxembourg Statistical Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Luxembourg import data which comes under provides valuable insights into the Luxembourg trade activities for imports of goods entering the country. It encompasses various product categories and sheds light on the volume, value, source countries, and other essential details of imports. By analyzing this data, businesses, policymakers, and investors can make informed decisions and identify potential opportunities. In 2023, Luxembourg imported goods worth a total of $25.2 billion according to the Luxembourg statistical data. The information we give you regarding import and shipment data from Luxembourg is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from organizations, other shipping firms, and approved ports in Luxembourg. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    LuxemBourg Import Data
    ID 21151 MONTH Jul-24
    FLOW Import STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    IMPORTER COUNTRY Luxembourg ORIGIN COUNTRY Belgium and Luxembourg
    TRADE TYPE Intra-EU Trade SUP QUANTITY 1
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 42
    US CIF 5475 VALUE IN EUROS 5050
    Benefits

    Benefits of Luxembourg Import Data

  • Grow your company to reach the Luxembourg Market.
  • Discover the latest product demand for Luxembourg.
  • Get access to exclusive import insights of Luxembourg. 
  • Make your marketing plan driven by import data.
  • Make a lasting impression with your brand in Luxembourg.
  • Identify future goals for your company and increase ROI.

    • Frequently Asked Questions!!

    According to the Luxembourg trade statistics for 2023-24, Luxembourg's import data shows a slight decrease in overall imports with a decline of 5% compared to the previous years 

    According to the Luxembourg trade records, the top imports for Luxembourg in 2023-24 include vehicles, mineral fuels and oils, and nuclear reactors and machinery.

    As per Luxembourg trade activities for 2023, Luxembourg's main import partners are Belgium, Germany, and France. 

    Yes, there has been a slight decline in Luxembourg's imports in 2023 compared to the previous year. However, the overall trend remains consistent.

    As of the Luxembourg shipment data for 2023-24, the total value of Luxembourg's imports of goods was $25.2 billion. 

    You might be interested in other continents as well

    Italy
    Netherlands
    UK
    Finland
    France
    Germany