Luxembourg-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $10.03B total volume •Luxembourg deficit: $2.84B
Luxembourg → Germany
$3.60B
Exports (2023)
Germany → Luxembourg
$6.43B
Imports (2023)
Trade Balance
$2.84B
Deficit for Luxembourg
Total Trade
$10.03B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Luxembourg and Germany. Green line shows exports from Luxembourg, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Luxembourg-Germany commercial relationship and competitive positioning in global markets.
Luxembourg → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Luxembourg's export portfolio to Germany demonstrates strong diversification across multiple sectors, with iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more representing a key competitive advantage in this bilateral market.
Germany → Luxembourg Imports
Import Dependency Profile
📦 Import Strategy Analysis
Luxembourg's import pattern from Germany reveals strategic sourcingin electrical energy, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Luxembourg demonstrates competitive strength in exportingiron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $10.03B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Luxembourg-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $10.03 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Luxembourg maintains a deficit of $2.84 billion
- Export Focus: Luxembourg's primary exports include iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more, rubber: new pneumatic tyres, of a kind used on buses or lorries, aluminium: unwrought, alloys
- Import Dependencies: Key imports from Germany include electrical energy, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, ferrous waste and scrap: n.e.c. in heading no. 7204
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $10.03B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Luxembourg leveraging its comparative advantages in iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Luxembourg's specialization in iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or morecomplements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in electrical energy.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $10.03B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $10.03B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $10.03 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more and electrical energy demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Luxembourg's trade deficit of $2.84 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Luxembourg and Germany represents a total trade volume of $10.03 billion in 2023. This partnership demonstrates an unfavorable trade balance for Luxembourg, with imports exceeding exportsby $2.84 billion.
Export Strengths
Luxembourg's exports to Germany total $3.60 billion, with competitive advantages in iron or non-alloy steel: h sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more, representing $206.72M or5.7% of bilateral exports.
Import Dependencies
Imports from Germany amount to $6.43 billion, highlighting economic interdependence in electrical energy, with Electrical energy comprising5.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Luxembourg's strategic sourcing from Germany. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Luxembourg and Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023