by Flagpictures.org

A landlocked Western European nation surrounded by economic powerhouses Germany, France and Belgium, the Grand Duchy of Luxembourg shipped US$16.7 billion worth of exported products around the world in 2025.

That dollar amount results from a 2.7% increase from $16.2 billion five years earlier during 2021.

Year over year, Luxembourg’s revenues from its exports grew by 6.7% compared to $15.6 billion in 2024.

Based on the average exchange rate for 2025, Luxembourg uses the euro which strengthened via a 4.4% gain against the US dollar from 2024 to 2025. The stronger European Union currency made exports from Luxembourg paid for in weaker US dollars more expensive for international buyers starting with American currency.

The latest available country-specific data shows that 82.1% of products exported from Luxembourg was bought by importers in: Germany (25.3% of Luxembourg’s total), France (15.5%), Belgium (14.2%), Netherlands (6.6%), Italy (4.2%), Spain (3.4%), United States of America (2.6%), Poland (2.5%), United Kingdom (2.4%), Austria (2%), Switzerland (1.9%) and mainland China (1.5%).

From a continental perspective, 88.2% of Luxembourg’s exports by value was delivered to other European countries while 5.9% was sold to importers in Asia.

Luxembourg shipped another 3.9% worth of goods to buyers in North America.

Smaller percentages went to customers located in Africa (1.3%), Latin America (0.6%) excluding Mexico but including the Caribbean, then Oceania (0.1%) led by Australia and New Zealand.

Luxembourg is one of the four institutional seats of the European Union and is home to the Court of Justice of the European Union. Other EU member states bought 82.3% of total Luxembourg export sales, up from 80.6% for the prior year.

Given Luxembourg’s population of 685,000 people, its total US$16.7 billion in 2025 exports translates to roughly $24,350 for every resident in the Western European country. That dollar metric exceeds the average $23,300 per capita one year earlier for 2024.

Luxembourg’s top 10 exports generated about two-thirds (66.4%) of the overall value of total shipments from Luxembourg.

Rubber, both as materials and items made from rubber, represent the fastest grower among the top 10 export categories, up by 13.7% from 2024 to 2025.

In second place for improving export sales was the felt, yarn, twine, ropes and cables group via a 13.6% advance.

Luxembourg’s shipments of plastics, both as materials and items made from plastic, posted the third-fastest gain in value up by 10.6%.

The leading decliner among Luxembourg’s top 10 export categories were for the metals iron and steel, thanks to a -4.9% year-over-year drop.

The above listed product categories are at the two-digit Harmonized Tariff System (HTS) code level.

Drilling down to four-digit HTS codes, Luxembourg’s most valuable exported products are iron or non-alloy steel angles, shapes and sections (6% of the European country’s total), cars (5.5%), new rubber tires (4.7%), self-adhesive plastic in rolls (3.3%), coated or laminated non-woven materials (2.9%), iron or steel sheet piling (also 2.9%), cheese or curd (2.5%), cellulose fiber paper (2.4%), plastic packing goods such as lids and caps (2.3%), then machines for making rubber or plastic items (2.2%).

The following types of Luxembourg product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.

In a nutshell, net exports is the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.

Luxembourg incurred an overall -US$10.8 billion trade deficit during 2025, increasing by 16.4% from -$9.3 billion in red ink one year earlier in 2024.

Below are exports from Luxembourg that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Luxembourg’s goods trail Luxembourg importer spending on foreign products.

 
In macroeconomic terms, Luxembourg’s total exported goods represent 15.9% of its overall Gross Domestic Product for 2025 ($104.8 billion valued in Purchasing Power Parity US dollars). That 15.9% for exports to overall GDP in PPP for 2025 compares to 15.6% for 2024. Those percentages suggest a relatively increasing reliance on products sold on international markets for Luxembourg’s total economic performance, albeit based on a short timeframe.

Please note that the international trade metrics include a significant amount of re-exporting activity.

Another key indicator of a country’s economic performance is its unemployment rate. Luxembourg’s unemployment rate averaged 6.115% in 2025, up from an average 5.735%% for 2024 according to International Monetary Fund statistics.

Luxembourg’s capital is Luxembourg City.

See also Luxembourg’s Top Trading Partners, Germany’s Top Trading Partners, France’s Top Trading Partners, Belgium’s Top Trading Partners and Top EU Export Countries

Research Sources:
Central Intelligence Agency, The World Factbook Europe: Luxembourg. Accessed on August 21, 2026

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 21, 2026

International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on August 21, 2026

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 21, 2026

International Trade Centre, Trade Map. Accessed on August 21, 2026

Investopedia, Net Exports Definition. Accessed on August 21, 2026

Wikipedia, Gross domestic product. Accessed on August 21, 2026

Wikipedia, List of Companies of Luxembourg. Accessed on August 21, 2026

Wikipedia, Luxembourg. Accessed on August 21, 2026

Wikipedia, Purchasing power parity. Accessed on August 21, 2026