Luxembourg Trade Balance 1970-2023

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Luxembourg trade balance for 2021 was $29.71B, a 18.02% increase from 2020.
  • Luxembourg trade balance for 2020 was $25.17B, a 17.06% increase from 2019.
  • Luxembourg trade balance for 2019 was $21.51B, a 7.03% decline from 2018.
  • Luxembourg trade balance for 2018 was $23.13B, a 11.04% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $226.56B
Ireland $198.57B
Singapore $124.50B
Netherlands $103.92B
Switzerland $95.21B
Saudi Arabia $86.87B
Australia $66.46B
South Korea $64.81B
Norway $59.10B
Italy $49.67B
Qatar $44.53B
Luxembourg $29.71B
Denmark $28.43B
Sweden $27.35B
Poland $22.94B
Spain $21.20B
Israel $19.32B
Hong Kong $17.81B
Argentina $15.05B
Puerto Rico $12.86B
Oman $9.82B
Czech Republic $8.35B
Belgium $6.25B
Panama $6.00B
Slovenia $3.91B
Uruguay $3.65B
Macao $3.60B
Lithuania $3.00B
Austria $2.78B
Malta $2.40B
Canada $1.94B
Brunei $1.85B
Bermuda $1.84B
Cyprus $0.83B
Finland $0.68B
Hungary $0.55B
Aruba $0.02B
Faroe Islands $0.02B
Seychelles $-0.12B
Estonia $-0.14B
Slovak Republic $-0.26B
Iceland $-0.46B
Barbados $-0.49B
Croatia $-1.01B
Latvia $-1.37B
Bahamas $-1.64B
Chile $-2.06B
Guam $-3.48B
Portugal $-7.57B
New Zealand $-10.07B
Greece $-16.57B
United Kingdom $-24.17B
Japan $-25.92B
France $-57.45B
United States $-861.71B
Luxembourg Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $29.71B 34.75%
2020 $25.17B 34.02%
2019 $21.51B 30.80%
2018 $23.13B 32.58%
2017 $20.83B 31.70%
2016 $21.00B 33.76%
2015 $19.55B 32.54%
2014 $22.11B 32.14%
2013 $21.02B 32.23%
2012 $18.31B 30.64%
2011 $18.67B 30.26%
2010 $17.85B 31.75%
2009 $17.60B 32.32%
2008 $18.11B 30.78%
2007 $16.34B 31.67%
2006 $12.70B 29.60%
2005 $8.88B 23.57%
2004 $7.80B 22.24%
2003 $6.15B 20.72%
2002 $5.21B 22.03%
2001 $4.63B 21.64%
2000 $4.86B 22.88%
1999 $4.37B 19.95%
1998 $3.79B 18.82%
1997 $3.98B 20.35%
1996 $4.25B 20.33%
1995 $4.05B 19.41%
1994 $3.27B 18.49%
1993 $2.60B 16.33%
1992 $2.27B 14.65%
1991 $1.46B 10.55%
1990 $1.48B 11.61%
1989 $1.27B 12.62%
1988 $0.86B 9.15%
1987 $0.63B 7.51%
1986 $0.80B 11.99%
1985 $0.57B 12.55%
1984 $0.39B 8.89%
1983 $0.30B 6.69%
1982 $0.22B 4.88%
1981 $0.18B 3.55%
1980 $0.34B 5.73%
1979 $0.57B 10.38%
1978 $0.35B 7.38%
1977 $0.38B 10.12%
1976 $0.41B 11.84%
1975 $0.34B 10.75%
1974 $0.87B 27.29%
1973 $0.48B 18.38%
1972 $0.22B 11.72%
1971 $0.15B 9.86%
1970 $0.27B 18.74%