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Luxembourg

Luxembourg ranked No. 82 in total trade value through February with a total of $270.23 million. Exports totaled $185.79 million and Imports totaled $84.44 million, a surplus of $101.36 million.

January – February 2019

Top Trading Ports

Total Trade: $270.23 million

RankPortTotal YTD
1John F. Kennedy International Airport $37,376,774
2Miami International Airport $22,822,107
3Dallas-Fort Worth International Airport, Texas $20,963,425
4Port of Houston $18,612,263
5Port of Virginia $17,030,184
6Port of Newark $15,187,582
7Chicago O’Hare International Airport $12,165,554
8Cleveland’s Hopkins International Airport, Ohio $10,920,658
9Philadelphia International Airport $10,774,112
10Aguadilla Rafael Hernandez Airport, P.R. $8,333,468

U.S. trade with Luxembourg rose to $270.23 million through February

Luxembourg’s trade with the United States rose to $270.23 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.22 percent above its total trade during the same time period last year. Luxembourg’s exports increased 10.2 percent while imports fell 9.41 percent. The U.S. surplus with Luxembourg was $101.36 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Miami International Airport; No. 3 Dallas-Fort Worth International Airport, Texas; No. 4 Port of Houston; 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 Chicago O’Hare International Airport No. 3 Port of New York No. 4 Cleveland’s Hopkins International Airport, Ohio and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 43.22 percent of Luxembourg’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 58.62 percent to $37.38 million.
    Exports fell 50.11 percent to $33.93 million. Imports fell 84.57 percent to $3.44 million.
  • Trade with No. 2 Miami International Airport rose 714.53 percent to $22.82 million.
    Exports rose 3092.62 percent to $22.39 million. Imports fell 79.34 percent to $434,039.
  • Trade with No. 3 Dallas-Fort Worth International Airport, Texas rose 11648 percent to $20.96 million.
    Exports rose 28853 percent to $20.83 million. Imports rose 25.3 percent to $133,438.
  • Trade with No. 4 Port of Houston rose 85.19 percent to $18.61 million.
    Exports rose 73.62 percent to $8.94 million. Imports rose 97.33 percent to $9.67 million.
  • Trade with No. 5 Port of Virginia rose 46.55 percent to $17.03 million.
    Exports fell 68.51 percent to $939,956. Imports rose 86.32 percent to $16.09 million.

Luxembourg ranked No. 82 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 84.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Luxembourg by value through February were the categories of Civilian aircraft, parts; Paintings, drawings and other artwork; Cell phones, related equipment; Misc. medical chemical re-agents; and Synthetic rubber, including butadiene, respectively. They accounted for 63.05 percent of total exports to Luxembourg.

The value of the top five categories of U.S. imports from Luxembourg –– Angles, shapes, sections, iron and nonalloy steel; Value added to a returned import; Aluminum foil, less than 0.2 mm thick; Sheet Piling, Welded Angles Etc of Iron or St 7301; and Non-woven fabric –– accounted for 50.43 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 326.4 percent compared to last year to $51.03 million.
  • Paintings, drawings and other artwork fell 27.46 percent compared to last year to $35.55 million.
  • Cell phones, related equipment rose 87.85 percent compared to last year to $11.68 million.
  • Misc. medical chemical re-agents rose 14.96 percent compared to last year to $11.25 million.
  • Synthetic rubber, including butadiene rose 108.36 percent compared to last year to $7.63 million.

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

  • Angles, shapes, sections, iron and nonalloy steel rose 30.78 percent compared to last year to $13.4 million.
  • Value added to a returned import fell 69.86 percent compared to last year to $8.29 million.
  • Aluminum foil, less than 0.2 mm thick rose 221.92 percent compared to last year to $8.18 million.
  • Sheet Piling, Welded Angles Etc of Iron or St 7301 rose 30.94 percent compared to last year to $6.44 million.
  • Non-woven fabric rose 9.54 percent compared to last year to $6.26 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.