Luxembourg Import Data

Luxembourg Import Data

One of the richest and smallest countries in Europe, Luxembourg serves as a significant hub for commerce and financial services. To sustain its sophisticated industry and high level of life, its open economy heavily relies on imports of automobiles, machinery, and refined fuels. The capital, Luxembourg City, is well-known for its robust banking and logistics industries. As per Luxembourg import data, with a population of over 0.65 million and a GDP of approximately USD 89 billion, Luxembourg is expected to import USD 28 billion in total in 2024, demonstrating its importance as a major EU trade gateway.

As per Luxembourg customs data, the top imports from Luxembourg demonstrate the modern economy's emphasis on machinery, cars, and refined fuels. Its wealthy consumer and industrial market is also reflected in pharmaceuticals and high-value instruments.

85

Luxembourg ranks around 85th in the world for total import value.

0.06%

Luxembourg accounts for approximately 0.06% of global imports.

Germany

Germany is Luxembourg’s leading import partner, supplying machinery, vehicles, and industrial goods.

Cars & Motor Vehicles

Automobiles are Luxembourg’s top import, reflecting its wealthy consumer base and robust transport sector.

 

Top 10 Import Products of Luxembourg

As per Luxembourg customs import data, automobiles, machinery, and refined petroleum account for the majority of Luxembourg's imports, all of which are essential to its high-income, service-oriented economy.

  • Cars & Motor Vehicles (HS 8703): USD 5.60 Billion — 20.0%
  • Industrial Machinery (HS 8479): USD 3.36 Billion — 12.0%
  • Refined Petroleum (HS 2710): USD 2.80 Billion — 10.0%
  • Electrical Machinery (HS 8542): USD 2.24 Billion — 8.0%
  • Pharmaceuticals (HS 3004): USD 1.96 Billion — 7.0%
  • Plastics & Articles (HS 3901): USD 1.68 Billion — 6.0%
  • Iron & Steel (HS 7208): USD 1.40 Billion — 5.0%
  • Furniture & Bedding (HS 9403): USD 1.12 Billion — 4.0%
  • Optical Instruments (HS 9001): USD 0.84 Billion — 3.0%
  • Beverages & Spirits (HS 2208): USD 0.84 Billion — 3.0%
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Top 10 Import Trading Partners of Luxembourg

As per Luxembourg shipments data, Germany, Belgium, and France are the leading importers for Luxembourg, which mostly buys from close industrial economies and reliable EU allies.

  • Germany: 30.0% — USD 8.40 Billion
  • Belgium: 20.0% — USD 5.60 Billion
  • France: 15.0% — USD 4.20 Billion
  • Netherlands: 8.0% — USD 2.24 Billion
  • Italy: 7.0% — USD 1.96 Billion
  • China: 5.0% — USD 1.40 Billion
  • United Kingdom: 4.0% — USD 1.12 Billion
  • United States: 4.0% — USD 1.12 Billion
  • Spain: 3.0% — USD 0.84 Billion
  • Switzerland: 2.0% — USD 0.56 Billion

What Details Contain In Luxembourg Import Data?

Every shipment arriving by land, air, or sea is included in Luxembourg’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Italian import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Luxembourg’s import statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Luxembourg Import data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Luxembourg’s import statistical data.
  • Investigate International Markets: Examine Luxembourg’s purchasing trends to identify potential import markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.

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