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ts Industries: banking and financial services, iron and steel, information technology, telecommunications, cargo transportation, food processing, chemicals, metal products, engineering, tires, glass, aluminum, tourism Industrial production growth rate: 4.3% (2006 est.) Electricity - production: 3.203 billion kWh (2005 est.) Electricity - production by source: fossil fuel: 57.3% hydro: 25.2% nuclear: 0% other: 17.5% (2001) Electricity - consumption: 6.14 billion kWh (2005 est.) Electricity - exports: 2.346 billion kWh (2005 est.) Electricity - imports: 5.287 billion kWh (2005 est.) Oil - production: 0 bbl/day (2004 est.) Oil - consumption: 62,420 bbl/day (2004 est.) Oil - exports: 634 bbl/day (2001) Oil - imports: 50,700 bbl/day (2001) Natural gas - production: 0 cu m (2004 est.) Natural gas - consumption: 1.361 billion cu m (2004 est.) Natural gas - exports: 0 cu m (2004 est.) Natural gas - imports: 1.361 billion cu m (2004 est.) Current account balance: $4.63 billion (2006 est.) Exports: $19.55 billion f.o.b. (2006 est.) Exports - commodities: machinery and equipment, steel products, chemicals, rubber products, glass Exports - partners: Germany 21%, France 16.3%, Belgium 9.2%, UK 8.3%, Italy 7.5%, Spain 6.6%, Netherlands 4.3% (2005) Imports: $24.22 billion c.i.f. (2006 est.) Imports - commodities: minerals, metals, foodstuffs, quality consumer goods Imports - partners: Belgium 28.2%, Germany 21.8%, China 12.8%, France 9.6%, Netherlands 5.1% (2005) Reserves of foreign exchange and gold: $232.2 million (August 2006 est.) Debt - external: $NA Economic aid - donor: ODA, $235.59 million (2004) Currency (code): euro (EUR) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries Currency code: EUR Exchange rates: euros per US dollar - 0.79987 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) Fiscal year: calendar year Communications Luxembourg Telephones - main lines in use: 244,500 (2005) Telephones - mobile cellular: 720,000 (2005) Telephone system: general assessment: highly developed, completely automated and
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