India / Luxembourg

Overview In February 2024, India exported $3.16M and imported $10.4M from Luxembourg, resulting in a negative trade balance of $7.25M. Between February 2023 and February 2024 the exports of India have decreased by $-205k (-6.11%) from $3.36M to $3.16M, while imports increased by $898k (9.45%) from $9.5M to $10.4M.

Trade In February 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 February 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 February 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 February 2024, the increase in India's year-by-year imports  from Luxembourg was explained primarily by an increase in product imports  in Indl. Machnry For Dairy Etc ($4.49M or 122%), Bulk Minerals And Ores ($1.66M or 331%), and Iron And Steel ($739k or 237%).