Economic cooperation

In 2020, the trade turnover between Belarus and Luxembourg amounted to USD 9.48 million (90% compared to the 2019), the volume of Belarusian exports amounted to USD 0.88 million (119.8% compared to the 2019), the volume of imports – 8.6 million US dollars (88.4% compared to the 2019). The balance is negative in the amount of USD 7.72 million.

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

In 2020, exports of services amounted to USD 19.83 million (98.9% compared to 2019), imports – USD 3.83 million. The balance was positive – USD 16 million.

In 2020, foreign direct investment from Luxembourg on a net basis amounted to USD -2.71 million.