Trade missions

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Luxembourg benefits from multiple small and medium enterprises (SMEs) with competitive advantages in different sectors offering the opportunity for growth.

The Luxembourg Ministry of the Economy and Foreign Trade and the Chamber of Commerce organise roughly half a dozen trade missions on a yearly basis. In the search of growth and boosting products and services “Made in Luxembourg”, these missions are led by the Minister of the Economy and Trade, Mr Jeannot Krecké, providing exporters with a means of tapping into new markets as part of an organised group offering the unique opportunity to accesss to valuable connections of trusted officials and business partners with detailed insight into doing business in their market.

On most trade missions, a matchmaking service is also offered allowing members of the trade delegation to get in touch with their partner of choice. Considering high levels of demand, our team, in efforts to provide a quality service, has to operate on a basis of first come first served, thus making it vital that you sign in for such services at least 3 months in advance in order to get your tailored structured programme.

  • 12 April, 2010
    Russia, Moscow, St. Petersburg

    Trade mission Russia

    Luxembourg´s economic relationship with Russia has developed significantly in recent years. Exports of goods from the Grand Duchy have multiplied by seven since the start of the decade, reaching 138 million euros by end of 2008, and Russia is supplying well over a quarter of Luxembourg´s energy needs.

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  • 11 May, 2010
    Saudi Arabia, Abu Dhabi

    Trade mission Saudi Arabia and Abu Dhabi

    The Middle East will continue to offer substantial opportunities for enterprising businesses over the coming decades. Oil producing countries such as Saudi Arabia and Abu Dhabi will remain import-hungry and also on the look-out for fresh areas of economic development.

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  • 19 June, 2010
    Israel, Lebanon

    Trade mission Israel and Lebanon

    Israel has long been one of the Mediterranean's most dynamic economies and has performed strongly during the crisis. Its recession has been very mild, with the IMF expecting a healthy recovery at around 2.5% in 2010. Israel's diverse, small, open economy offers numerous opportunities to most businesses, but with special attention currently being given to burgeoning health and ecological technology industries.

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  • 06 September, 2010
    Africa, Algeria

    Trade Mission Algeria

    Buoyed by recovering oil prices, the Algerian government has announced a substantial infrastructure investment programme for 2010, with spending being targeted at housing and roads. The oil and gas-rich country has substantial cash reserves, allowing it to prime the economic pump in this way and the result could be a predicted 4% growth in GDP next year.

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  • 08 October, 2010
    China, Shanghai

    Trade mission Shanghai

    Now more than ever, China has to be on the agenda of every ambitious business. Whilst the West has been in the economic doldrums, China is set to grow at just below 10% each year between 2008 and 2010. At current trends, Chinese GDP will equal that in the US by 2025 and could be double the size by 2050.

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  • 31 October, 2010
    Africa, Angola

    Trade Mission Angola

    Whilst the last decade has seen the world trading more with Africa, Luxembourg’s business have largely kept to the sidelines, potentially missing out on new opportunities. Whilst times are tough at present as the global recession appears not to be have spared Africa, it is always ideal to be ready for when the upturn arrives. The value of Luxembourg’s visible exports to Africa changed little over the last ten years; generally around the 85 million euros mark.

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  • 08 January, 2011
    Turkey

    Trade Mission Turkey

    Whilst dazzled by the rise of China and India, Europeans have sometimes overlooked a comparable success story on their doorstep. Turkish growth averaged 7.4% between 2002 and 2007 and the rebound next year is expected to be solid, with the IMF talking of more than 3% growth. This success has been built though a series of economic reforms dating back to the 1980s and this process appears firmly entrenched in voters minds as being the key to success. Turkey is now the 15th largest economy in the world and is a member of both the OECD and the G20, with work on-going for EU membership.

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