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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 2022, Luxembourg had a population of about 6.40 lakh people. According to the Luxembourg import data, the country imported $ 26 billion worth of goods in 2022. In comparison with 2021, goods imports into Luxembourg climbed by 2.07%. In 2022, imports of goods increased by $530 million. 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. Let us delve into the details of Luxembourg's import data, focusing on its trends, key sectors, and potential opportunities for the year 2022.

Luxembourg Import Data | Luxembourg Customs Data

75

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

0.61%

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.

MOTOR CARS AND OTHER MOTOR VEHICLES

Motor cars and other motor vehicles are the major and biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Luxembourg

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 2022 according to the import data are:

  • Motor cars and other motor vehicles: 8.49% ($2.21 billion) 
  • Petroleum oils and oils from bituminous minerals: 7.98% ($2.08 billion)
  • Iron and steel: 5.44% (1.42 billion US$)
  • Ferrous waste and scrap; remelting scrap ingots of iron or steel: 3.17% ($828 million)
  • Medicaments: 2% ($521 million)
  • Cheese and curd: 1.54% ($403 million)
  • Aluminum waste and scrap: 1.38% ($361 million)
  • New pneumatic tires of rubber: 1.27% ($332 million)
  • Other plates, sheets, film, foil, and strips of plastics: 1.2% ($314 million)
  • Electrical apparatus: 1.12% ($293 million)
    • Partners

    Top 10 import partners of Luxembourg

    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 2022 include:

    Value In Percentage(%)

  • Belgium: 24% (6.33 billion US$)
  • Germany: 22% (5.76 billion US$)
  • France: 10.7% (2.79 billion US$)
  • Other Europe, Nes: 8.69% (2.26 billion US$)
  • Netherlands: 4.79% (1.24 billion US$)
  • Italy: 3.11% (810 million US$)
  • China: 2.97% (776 million US$)
  • USA: 2.42% (632 million US$)
  • Poland: 2.09% (545 million US$)
  • Japan: 1.94% (506 million US$)
    • Sample Data

    Understanding Luxembourg Import Data

    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.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the 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 provides valuable insights into the country's international trade activities. 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 2022, Luxembourg imported goods worth a total of $26 billion according to the Luxembourg customs 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. HS codes and product descriptions, which comprise the amount, units, and price of each product being sent, are among the many fields that are included in Luxembourg trade data.

    Benefits

    Benefits of Luxembourg’s Import Data

  • Grow your company to reach the Luxembourg Market.
  • Discover the latest product demand or pricing estimates for Luxembourg.
  • Track the Shipments Records of Your Rivals
  • Make your marketing plan driven by data.
  • Make a lasting impression with your brand in Luxembourg.
  • Identify future goals for your company and increase ROI.

    • Frequently Asked Questions!!

    As of 2022, Luxembourg's import data shows a steady increase in overall imports with an increase of 2.07% compared to previous years.

    The top imports for Luxembourg in 2022 include machinery and equipment, mineral fuels, chemicals, and food products.

    In 2022, Luxembourg's main import partners are Germany, France, Belgium, and the Netherlands.

    Yes, there has been a slight increase in Luxembourg's imports in 2022 compared to 2021. However, the overall trend remains consistent.

    As of 2022, the total value of Luxembourg's imports of goods is $26 billion.

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