Balanced international merchandise trade statistics (BIMTS) in Luxembourg
Luxembourg: Balanced international merchandise trade statistics (BIMTS) was 0.0049 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in Luxembourg, 1999–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
In 2024, balanced international merchandise trade statistics (bimts) in Luxembourg stood at 0.0049 US dollars, exchange rate converted.
The figure is up 30.0% on the previous year and up 1,077.1% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in Luxembourg peaked at 0.6165 US dollars, exchange rate converted in 2004 and was at its lowest, 0 US dollars, exchange rate converted, in 2016.
Luxembourg ranks 80th of 96 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Balanced international merchandise trade statistics (BIMTS) in Luxembourg, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1999 | 0.0192 US dollars, exchange rate converted | — |
| 2000 | 0.0058 US dollars, exchange rate converted | -69.7% |
| 2001 | 0.0297 US dollars, exchange rate converted | +409.1% |
| 2002 | 0.013 US dollars, exchange rate converted | -56.1% |
| 2003 | 0.0074 US dollars, exchange rate converted | -43.1% |
| 2004 | 0.6165 US dollars, exchange rate converted | +8223.7% |
| 2005 | 0.0484 US dollars, exchange rate converted | -92.1% |
| 2006 | 0.004 US dollars, exchange rate converted | -91.7% |
| 2007 | 0.0072 US dollars, exchange rate converted | +79.5% |
| 2008 | 0.0001 US dollars, exchange rate converted | -98.6% |
| 2009 | 0.0388 US dollars, exchange rate converted | +39022.7% |
| 2010 | 0.0144 US dollars, exchange rate converted | -62.8% |
| 2011 | 0.0258 US dollars, exchange rate converted | +79.2% |
| 2012 | 0.0084 US dollars, exchange rate converted | -67.5% |
| 2013 | 0.0004 US dollars, exchange rate converted | -95.0% |
| 2015 | 0.0641 US dollars, exchange rate converted | +15249.4% |
| 2016 | 0 US dollars, exchange rate converted | -100.0% |
| 2018 | 0.0079 US dollars, exchange rate converted | +100909.1% |
| 2019 | 0.0022 US dollars, exchange rate converted | -72.5% |
| 2020 | 0.0005 US dollars, exchange rate converted | -77.7% |
| 2021 | 0.0035 US dollars, exchange rate converted | +629.9% |
| 2022 | 0.0167 US dollars, exchange rate converted | +375.0% |
| 2023 | 0.0038 US dollars, exchange rate converted | -77.4% |
| 2024 | 0.0049 US dollars, exchange rate converted | +30.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0192 US dollars, exchange rate converted | 0.0192 US dollars, exchange rate converted | 0.0192 US dollars, exchange rate converted | 1 |
| 2000s | 0.0771 US dollars, exchange rate converted | 0.0001 US dollars, exchange rate converted | 0.6165 US dollars, exchange rate converted | 10 |
| 2010s | 0.0154 US dollars, exchange rate converted | 0 US dollars, exchange rate converted | 0.0641 US dollars, exchange rate converted | 8 |
| 2020s | 0.0059 US dollars, exchange rate converted | 0.0005 US dollars, exchange rate converted | 0.0167 US dollars, exchange rate converted | 5 |
Countries ranked near Luxembourg
- 77 Liberia 0.0192 US dollars, exchange rate converted compare
- 78 Oman 0.0162 US dollars, exchange rate converted compare
- 79 Romania 0.0053 US dollars, exchange rate converted compare
- 81 Grenada 0.0043 US dollars, exchange rate converted compare
- 82 Vanuatu 0.003 US dollars, exchange rate converted compare
- 83 Ukraine 0.0026 US dollars, exchange rate converted compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 68,707 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.4129 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 60,804 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.74 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.65 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in Luxembourg?
- Balanced international merchandise trade statistics (bimts) in Luxembourg was 0.0049 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in Luxembourg?
- The highest recorded value was 0.6165 US dollars, exchange rate converted in 2004.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in Luxembourg?
- The lowest recorded value was 0 US dollars, exchange rate converted in 2016.
- How does Luxembourg rank for balanced international merchandise trade statistics (bimts)?
- Luxembourg ranks 80th out of 96 countries with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in Luxembourg?
- Over the last ten years it is up 1,077.1%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org