Luxembourg is an influential economy of the European continent with a diverging range of imports and exports serving the growing global trade rate of the nation to a maximal extent by its annual revenue generation. The country with a land area of 2,500 square kilometers and a population of 626,000 square kilometers is growing at a progressive rate in the top global traders list by its continuous industrial efforts for efficient productivity of exports. The abundance of rich mineral reserves present in the land area includes iron ore, petroleum fuels, clay, stone, and other essential growing domestic necessities along with different wildlife reserves like Naturpark Our, Upper Sûre Nature Park, Mullerthal Nature Reserve, and Pidal Nature Reserve contributing to the tourism sector by its geographical and agricultural exquisite factors.
The different attributing factors like the growing government initiatives, tariff reduction, finance sector, tourism, and hospitality along with the skilled workforce engaged in the production of exports in large manufacturing industries have recorded a GDP of 87 billion US dollars with an export trade rate of 78 billion US dollars in 2023.
