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Luxembourg

Luxembourg ranked No. 75 in total trade value through August with a total of $1.66 billion. Exports totaled $1.23 billion and Imports totaled $428.38 million, a surplus of $801 million.

January – August 2019

Top Trading Ports

Total Trade: $1.66 billion

RankPortTotal YTD
1John F. Kennedy International Airport $379,420,695
2Hartsfield-Jackson Atlanta International Airport $153,758,923
3Miami International Airport $152,329,303
4Los Angeles International Airport $134,123,264
5Port of Virginia $69,969,496
6Port of Newark $67,865,094
7Chicago O’Hare International Airport $62,621,351
8Cleveland’s Hopkins International Airport, Ohio $60,282,456
9Port of Houston $59,955,379
10Dallas-Fort Worth International Airport, Texas $56,575,703

U.S. trade with Luxembourg rose to $1.66 billion through August

Luxembourg’s trade with the United States rose to $1.66 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 65.46 percent above its total trade during the same time period last year. U.S. exports to Luxembourg increased 93.26 percent while U.S. imports from Luxembourg rose 17.12 percent. The U.S. surplus with Luxembourg was $801 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Hartsfield-Jackson Atlanta International Airport; No. 3 Miami International Airport; No. 4 Los Angeles International Airport; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Virginia No. 3 Chicago O’Hare International Airport No. 4 Los Angeles International Airport and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 53.66 percent of Luxembourg’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 108.32 percent to $379.42 million.
    Exports rose 123.85 percent to $331.43 million. Imports rose 40.85 percent to $47.99 million.
  • Trade with No. 2 Hartsfield-Jackson Atlanta International Airport rose 1048.6 percent to $153.76 million.
    Exports rose 1125.62 percent to $140.75 million. Imports rose 583.85 percent to $13.01 million.
  • Trade with No. 3 Miami International Airport rose 766.18 percent to $152.33 million.
    Exports rose 855.85 percent to $142.88 million. Imports rose 258.15 percent to $9.45 million.
  • Trade with No. 4 Los Angeles International Airport rose 134.32 percent to $134.12 million.
    Exports rose 148.31 percent to $127.15 million. Imports rose 15.6 percent to $6.98 million.
  • Trade with No. 5 Port of Virginia rose 4.37 percent to $69.97 million.
    Exports fell 12.91 percent to $10.33 million. Imports rose 8.09 percent to $59.64 million.

Luxembourg ranked No. 75 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 85.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Luxembourg by value through August were the categories of Civilian aircraft, parts; Paintings, drawings and other artwork; Cell phones, related equipment; Misc. medical chemical re-agents; and Original sculptures and statues, respectively. They accounted for 70.13 percent of total exports to Luxembourg.

The value of the top five categories of U.S. imports from Luxembourg –– Value added to a returned import; Angles, shapes, sections, iron and nonalloy steel; Sheet Piling, Welded Angles Etc of Iron or St 7301; Aluminum foil, less than 0.2 mm thick; and Non-woven fabric –– accounted for 54.3 percent of all inbound shipments.

Looking more closely at U.S. exports to Luxembourg:

  • Civilian aircraft, parts rose 386.27 percent compared to last year to $432.99 million.
  • Paintings, drawings and other artwork rose 159.33 percent compared to last year to $314.18 million.
  • Cell phones, related equipment rose 37.13 percent compared to last year to $45.05 million.
  • Misc. medical chemical re-agents fell 39.14 percent compared to last year to $38.02 million.
  • Original sculptures and statues rose 5.38 percent compared to last year to $31.88 million.

Looking more closely at U.S. imports from Luxembourg:

  • Value added to a returned import rose 36.81 percent compared to last year to $87.56 million.
  • Angles, shapes, sections, iron and nonalloy steel rose 1.55 percent compared to last year to $53.19 million.
  • Sheet Piling, Welded Angles Etc of Iron or St 7301 rose 155.6 percent compared to last year to $35.85 million.
  • Aluminum foil, less than 0.2 mm thick rose 51.95 percent compared to last year to $29.41 million.
  • Non-woven fabric fell 8.22 percent compared to last year to $26.62 million.

In the latest annual figures available, Luxembourg recorded $1.57 billion in trade with the United States. At year’s end, its were New York City; Los Angeles; Chicago; Houston; and Atlanta/Savannah. Total U.S. exports to Luxembourg were $ 1.08 billion and imports from Luxembourg were $493.58 million. The U.S. surplus with Luxembourg was $585.04 million.