hub.brussels Export to Luxembourg

Export to Luxembourg

The Grand Duchy of Luxembourg is a largely open economy with the following strengths:

  • strong growth potential,
  • a balanced macro-economic foundation, diversified industry,
  • an international financial centre,
  • modern infrastructure,
  • excellent market connectivity and an attractive institutional,
  • legislative and taxation framework.

Luxembourg’s public finances are sound. The national debt should continue to decrease in 2019; it was about 21% of GDP in 2018 (well below the 60% limit). Public investment remains high and is focused on highly knowledge-intensive sectors, including a robust information and communications technology sector.

Luxembourg is heavily dependent on foreign trade, which contributes significantly to its economic activity and domestic employment. Luxembourg displays one of the highest levels of market integration among OECD members, with trade-related activities also capturing a high share of employment. The important role of foreign trade is the result of the size of the country which is naturally geared towards neighbouring countries and, in particular, Belgium.

Interested in exporting to Luxembourg?

Would you like to know more about the current export context, your first steps on the market, or the local business culture? Please contact our local economic and commercial attaché to receive the Luxembourg fact sheet.

Contact

Olivier Costa

Economic and Commercial Attaché | Grand Duchy of Luxembourg

Tel: +352 44 27 46 36
M. +32 472 55 76 60

4, rue des Girondins L-1626 Luxembourg

ocosta@hub.brussels
25 free coaching sessions tailored to your needs
Horeca

25 free coaching sessions tailored to your needs

Make the diagnosis of your business or horeca and benefit from 3 free 60-minute speed coaching sessions, provided by experts!

Posted on 03/12/2020
25 free coaching sessions tailored to your needs
[Replay] Warsaw Real Estate Market Webinar
Real estate

[Replay] Warsaw Real Estate Market Webinar

Posted on 01/12/2020
[Replay] Warsaw Real Estate Market Webinar
hub.brussels is launching a support plan for local retail
Horeca

hub.brussels is launching a support plan for local retail

Posted on 24/11/2020
hub.brussels is launching a support plan for local retail