Luxembourg recorded a trade deficit of EUR 0.59 billion in January 2026, widening slightly from EUR 0.55 billion in the same month of the previous year. Imports increased 2.6% year-on-year to EUR 1.83 billion, boosted by higher purchases of machinery and equipment (26.7%), transportation equipment (7.0%), chemicals and chemical products (4.7%), and food and live animals (3.7%). Imports mostly came from Japan and other Asian countries. On the other hand, exports rose moderately by 0.6% year-on-year to EUR 1.24 billion, supported by higher sales of machinery and equipment (0.8%), miscellaneous manufactured articles (53.4%), food and live animals (1.2%), and beverages and tobacco (8.1%). Exports grew the most to Germany, France, and other Asian countries.