Exports—commodities: finished steel products, chemicals, rubber
products, glass, aluminum, other industrial products
Exports—partners: Germany 28%, France 18%, Belgium 15%, UK 7%,
Netherlands 5%
Imports: $9.4 billion (c.i.f., 1996)
Imports—commodities: minerals, metals, foodstuffs, quality
consumer goods
Imports—partners: Belgium 38%, Germany 25%, France 11%,
Netherlands 4%
Debt—external: $NA
Economic aid—donor: ODA, $65 million (1995)
Currency: 1 Luxembourg franc (LuxF) = 100 centimes; note—centimes no longer in use
Exchange rates: Luxembourg francs (LuxF) per US$1—34.77 (January 1999), 36.299 (1998), 35.774 (1997), 30.962 (1996), 29.480 (1995), 33.456 (1994); note—the Luxembourg franc is at par with the Belgian franc, which circulates freely in Luxembourg note: on 1 January 1999, the European Union introduced a common currency that is now being used by financial institutions in some member countries at the rate of 0.8597 euros per US$ and a fixed rate of 40.3399 francs per euro; the euro will replace the local currency in consenting countries for all transactions in 2002
Fiscal year: calendar year