Country Profile

Luxembourg

Like Switzerland, the small nation of Luxembourg at just 998 square miles is widely seen as one of the world’s banks.

Banking is by far the largest part of the economy at 30+% and it has a reputation as being a tax haven at the heart of Europe.

It was one of the founding members of the European Union with an economy that is very globalised.

UK Imports from Luxembourg

Total Value:

£309 million / 0.06% of all UK Imports

Top 5 Imports are:

  1. Iron & Steel
  2. Plastics in non-primary forms
  3. Textile Fabrics
  4. Mineral Manufactures
  5. Road Vehicles

UK Exports to Luxembourg

Total Value:

£559 million / 0.17% of all UK Exports

Top 5 Exports are:

  1. Mechanical Power Generators
  2. Plastics
  3. Metal Ores & Scrap
  4. Miscellaneous Electrical Goods
  5. Cars

Key Facts about
🇱🇺 Luxembourg:

Local UK Business Group:

The British Chamber of Commerce for Luxembourg

www.bcc.lu

6 rue Antoine de Saint Exupéry
L-1432 Luxembourg

info@bcc.lu

Tel: +352 46 54 66

How we can help you do business in Luxembourg

London based team

Cornerstone has a dedicated team based in London serving businesses across Europe

Transact in EUR

With a Cornerstone account you can transact in over 25 key currencies including GBP & EUR

EU based companies

Companies registered in the EU plus 50 other jurisdictions can open an account

Related articles about Luxembourg