Merchandise Trade Balance in Luxembourg
In the year 2024, the merchandise trade balance in Luxembourg was EUR 1.47 billion, compared to EUR 1.75 billion in 2014 and EUR 0.35 billion in 2023. It averaged EUR 1.15 billion over the last decade. For more trade information, visit our dedicated page.
Luxembourg Trade Chart
Note: This chart displays Merchandise Trade Balance (EUR bn) for Luxembourg from 2020 to 2019.
Source: Macrobond.
Luxembourg Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (EUR bn) | 1.6 | 1.3 | 0.5 | -0.8 | 0.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg trade projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Luxembourg trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg trade projections.
Want to get access to the full dataset of Luxembourg trade forecasts? Send an email to info@focus-economics.com.