India / Luxembourg

Overview In August 2024, India exported $1.07M and imported $13M from Luxembourg, resulting in a negative trade balance of $11.9M. Between August 2023 and August 2024 the exports of India have decreased by $-2.39M (-69%) from $3.47M to $1.07M, while imports decreased by $-17.6M (-57.5%) from $30.6M to $13M.

Trade In August 2024, the top exports of India to Luxembourg were Bulk Drugs, Drug Intermediates ($2.13M), Electric Machinery And Equipme ($373k), Indl. Machnry For Dairy Etc ($114k), Plastic Raw Materials ($101k), and Electronics Components ($98.3k). In August 2024 the top imports of India from Luxembourg were Aircraft, Spacecraft And Parts ($9.93M), Indl. Machnry For Dairy Etc ($8.16M), Bulk Minerals And Ores ($2.16M), Iron And Steel ($1.05M), and Lead And Products Made Of Led ($919k).

Growth In August 2024, the decrease in India's year-by-year exports to Luxembourg was explained primarily by an decrease in product exports in Electric Machinery And Equipme ($-226k or -37.7%), Granit, Natrl Stone And Prodct ($-18.8k or -82%), and Hnd Tool, Cttng Tool Of Metals ($-11k or -78.8%). In August 2024, the decrease in India's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Electric Machinery And Equipme ($-5.07M or -99.6%), Accumulators And Batteries ($-139k or -99.1%), and Plastic Raw Materials ($-70.7k or -57%).