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Luxembourg

Luxembourg ranked No. 84 in total trade value through October with a total of $1.27 billion. Exports totaled $810.44 million and Imports totaled $459.2 million, a surplus of $351.24 million.

January – October 2018

Top Trading Ports

Total Trade: $1.27 billion

RankPortTotal YTD
1John F. Kennedy International Airport $218,325,329
2Chicago O’Hare International Airport $98,930,375
3Port of Virginia $88,346,291
4Los Angeles International Airport $74,224,231
5Cleveland’s Hopkins International Airport, Ohio $62,602,591
6Port of Houston $54,194,805
7Port of New York $52,426,042
8Port of Newark $51,376,184
9Aguadilla Rafael Hernandez Airport, P.R. $49,313,254
10Seattle-Tacoma International Airport $41,905,855

U.S. trade with Luxembourg rose to $1.27 billion through October

Luxembourg’s trade with the United States rose to $1.27 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.69 percent below its total trade during the same time period last year. Luxembourg’s exports decreased 10.07 percent while imports rose 13.79 percent. The U.S. surplus with Luxembourg was $351.24 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Chicago O’Hare International Airport; No. 3 Port of Virginia; No. 4 Los Angeles International Airport; and No. 5 Cleveland’s Hopkins International Airport, Ohio. 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 Los Angeles International Airport No. 4 Port of Newark and No. 5 Port of Houston. In the current time period, the top five accounted for 42.72 percent of Luxembourg’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 31.86 percent to $218.33 million.
    Exports fell 42.01 percent to $177.6 million. Imports rose 187.46 percent to $40.73 million.
  • Trade with No. 2 Chicago O’Hare International Airport fell 0.18 percent to $98.93 million.
    Exports rose 9.76 percent to $86 million. Imports fell 37.69 percent to $12.93 million.
  • Trade with No. 3 Port of Virginia rose 54.84 percent to $88.35 million.
    Exports fell 21.93 percent to $14.87 million. Imports rose 93.34 percent to $73.47 million.
  • Trade with No. 4 Los Angeles International Airport rose 6.56 percent to $74.22 million.
    Exports rose 3.11 percent to $65.17 million. Imports rose 40.46 percent to $9.05 million.
  • Trade with No. 5 Cleveland’s Hopkins International Airport, Ohio rose 32.27 percent to $62.6 million.
    Exports rose 54.85 percent to $45.92 million. Imports fell 5.6 percent to $16.68 million.

Luxembourg ranked No. 84 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 83.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Luxembourg by value through October were the categories of Paintings, drawings and other artwork; Civilian aircraft, parts; Misc. medical chemical re-agents; Cell phones, related equipment; and Original sculptures and statues, respectively. They accounted for 53.26 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; Non-woven fabric; Aluminum foil, less than 0.2 mm thick; and Taps, cocks and valves for pipes, tanks –– accounted for 51.73 percent of all inbound shipments.

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

  • Paintings, drawings and other artwork fell 4.54 percent compared to last year to $145.39 million.
  • Civilian aircraft, parts fell 25.41 percent compared to last year to $120.2 million.
  • Misc. medical chemical re-agents rose 118.7 percent compared to last year to $80.13 million.
  • Cell phones, related equipment rose 11.51 percent compared to last year to $43.03 million.
  • Original sculptures and statues rose 522.66 percent compared to last year to $42.87 million.

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

  • Value added to a returned import rose 248.72 percent compared to last year to $85.97 million.
  • Angles, shapes, sections, iron and nonalloy steel fell 11.96 percent compared to last year to $62.06 million.
  • Non-woven fabric rose 36.51 percent compared to last year to $36.52 million.
  • Aluminum foil, less than 0.2 mm thick rose 18698 percent compared to last year to $26.96 million.
  • Taps, cocks and valves for pipes, tanks fell 3.43 percent compared to last year to $26.05 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.