Luxembourg Trade and Foreign Investment

Luxembourg Trade

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the Czech Republic The slight increase in exports from the Czech Republic to Luxembourg is a long-term trend, the automotive industry is the main commodity, followed by raw materials (especially iron/steel and raw rubber), fertilizers. Despite the general decrease in exports due to the pandemic in 2020, exports of…

Read More

Luxembourg Market Opportunities

Luxembourg Market Opportunities

MFA: Strategic opportunities for foreign exporters Luxembourg normally shows long-term stable GDP growth in the range of 3 to 5% per year, but the national statistical office expects a maximum growth of 1.5% in 2021, and 2.7% in 2022. Due to the specialization of the national economy in banking and telecommunications and high state support (more than EUR 10 billion so far, i.e. significantly more than during the crisis in…

Read More