Economic cooperation

In 2021, the trade turnover between Belarus and Luxembourg amounted to USD 10.73 million (113.2% compared to the 2020), the volume of Belarusian exports amounted to USD 1.19 million (135.3% compared to the 2020), the volume of imports – 9.54 million US dollars (110.5% compared to the 2020). The balance is negative in the amount of USD 8.3 million.

The main export items are plastic products, plywood, molds for metal foundries.

In 2021, exports of services amounted to USD 18.76 million (94.8% compared to 2020), imports – USD 4.07 million. The balance was positive – USD 14.69 million.

In 2021, foreign direct investment from Luxembourg on a net basis amounted to USD -2.08 million (compared to USD minus 2.71 in 2020).