Luxembourg Net Trade (Goods & Services, BoP)
Luxembourg's net trade (goods & services, bop) rose to $42.17 billion in 2024, up from $38.48 billion in 2023, according to World Bank. This represents an increase of 9.6% ($3.7 billion) from the previous year. Luxembourg has the 15th highest net trade (goods & services, bop). Within Europe, it ranks 10th out of 44 countries.
Yearly Historical Data (1999-2024)
(in Billion USD)Luxembourg Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Luxembourg, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.