Key Market Indicators
Luxembourger truck exports are projected to reach approximately $67.6 million by 2028, up from $58.9 million in 2023. This growth represents an average annual increase of 2.2%. Since 2004, Luxembourg's truck export supply has consistently risen by 2% each year. In 2023, Luxembourg ranked 44th globally in truck exports. Indonesia surpassed Luxembourg with an export value of $58.9 million. The United States, Germany, and France occupied the second, third, and fourth positions, respectively, in the same ranking. On the import front, Luxembourg's truck imports are expected to climb to nearly $229.8 million by 2028, from $206.7 million in 2023. This marks an average annual growth rate of 1.7%. Since 2004, the country's demand for truck imports has increased by 2.1% annually.