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WTO Trade Profiles 2012 - World Trade Organization

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Luxembourg<br />

BASIC INDICATORS<br />

Population (thousands, 2011) 517 Rank in world trade, 2011 Exports Imports<br />

GDP (million current US$, 2011) 59 475 Merchandise 70 66<br />

GDP (million current PPP US$, 2011) 45 903 excluding intra-EU trade - -<br />

Current account balance (million US$, 2010) 4 092 Commercial services 19 29<br />

<strong>Trade</strong> per capita (US$, 2009-2011) 280 477 excluding intra-EU trade - -<br />

<strong>Trade</strong> to GDP ratio (2009-2011) 259.6<br />

2011 2005-2011<br />

Annual percentage change<br />

2010 2011<br />

Real GDP (2005=100) 111<br />

2 3 2<br />

Exports of goods and services (volume, 2005=100) 120<br />

3 3 2<br />

Imports of goods and services (volume, 2005=100)<br />

TRADE POLICY<br />

124<br />

4 5 3<br />

<strong>WTO</strong> accession 1 January 1995 Contribution to <strong>WTO</strong> budget (%, <strong>2012</strong>) 0.425<br />

<strong>Trade</strong> Policy Review 6, 8 July 2011 Import duties collected<br />

GPA accession 1 January 1996 in total tax revenue ...<br />

Tariffs and duty free imports to total imports ...<br />

Tariff binding coverage (%) 100 Number of notifications to <strong>WTO</strong> and measures in force<br />

MFN tariffs Final bound Applied 2011 Outstanding notifications in <strong>WTO</strong> Central Registry<br />

25<br />

Simple average of import duties Goods RTAs - services EIAs notified to <strong>WTO</strong> 33 - 10<br />

All goods 5.2 5.3 Anti-dumping (30 June 2011) 140<br />

Agricultural goods (AOA) 13.8 13.9 Countervailing duties (30 June 2011) 11<br />

Non-agricultural goods 3.9 4.0 Safeguards (26 October 2011) 0<br />

Non ad-valorem duties (% total tariff lines) 4.8 4.7 Number of disputes (complainant - defendant)<br />

MFN duty free imports (%, 2010)<br />

Requests for consultation<br />

87 - 72<br />

in agricultural goods (AOA)<br />

42.9 Original panel / Appellate Body (AB) reports 36 - 30<br />

in non-agricultural goods<br />

58.8 Compliance panel / AB reports (Article 21.5 DSU) 4 - 4<br />

Services sectors with GATS commitments 115 Arbitration awards (Article 22.6 DSU) 4 - 3<br />

MERCHANDISE TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010 2011<br />

Merchandise exports , f.o.b. (million US$) 21 778<br />

2 -7 10<br />

Merchandise imports , c.i.f. (million US$) 28 722<br />

5 -1 14<br />

2011<br />

2011<br />

Share in world total exports 0.12 Share in world total imports<br />

0.16<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By main commodity group (ITS) By main commodity group (ITS)<br />

Agricultural products 8.9 Agricultural products 12.0<br />

Fuels and mining products 4.7 Fuels and mining products 18.3<br />

Manufactures 83.8 Manufactures 66.8<br />

By main destination By main origin<br />

1. European Union (27) 78.8 1. European Union (27) 75.6<br />

2. United States 3.5 2. United States 5.3<br />

3. Switzerland 2.9 3. Switzerland 1.9<br />

4. China 1.4 4. Japan 1.6<br />

5. Hong Kong, China 1.1 5. China 1.6<br />

Unspecified destinations 0.1 Unspecified origins 1.7<br />

COMMERCIAL SERVICES TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010<br />

2011<br />

Commercial services exports (million US$) 72 469<br />

10 15 9<br />

Commercial services imports (million US$) 40 993<br />

9 10 12<br />

2011<br />

2011<br />

Share in world total exports 1.74 Share in world total imports<br />

1.04<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By principal services item<br />

By principal services item<br />

Transportation 5.2 Transportation<br />

4.7<br />

Travel 6.3 Travel<br />

9.2<br />

Other commercial services 88.6 Other commercial services<br />

86.1<br />

INDUSTRIAL PROPERTY<br />

Patent grants by patent office, 2010 <strong>Trade</strong>mark registrations by office<br />

Residents Non-residents Total<br />

Direct residents Direct non-residents Madrid Total<br />

60 27 87 ... ... ... ...<br />

<strong>World</strong> <strong>Trade</strong> <strong>Organization</strong><br />

<strong>Trade</strong> <strong>Profiles</strong> <strong>2012</strong><br />

Luxembourg<br />

September <strong>2012</strong><br />

Download the data:<br />

www.wto.org/statistics<br />

105

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