FX.co ★ Luxembourg Trade Deficit Widens in April

Luxembourg’s trade deficit widened to EUR 0.84 billion in April 2026, up from EUR 0.62 billion in the same month a year earlier. Imports surged 13.2% year-on-year to EUR 2.21 billion, fueled by strong increases in purchases of mineral fuels and lubricants (+50.6%), machinery and equipment (+23.7%), transport equipment (+29.5%), miscellaneous manufactured goods (+17.1%), and chemicals and related products (+14.8%). By trading partner, import growth was particularly pronounced from the US (+458.4%), Japan (+292.7%), and Belgium (+11.7%).

Exports rose more modestly, up 3% to EUR 1.37 billion, supported mainly by higher sales of chemicals and related products (+19.9%), machinery and equipment (+8.9%), other manufactured goods classified by raw material (+8%), and transport equipment (+4.8%). Among export destinations, shipments increased to France (+5.6%), Belgium (+16%), and Germany (+1.6%).