2022
Exports
$2.5MWorld Rnk 52 / 159
Flag Rnk 418 / 1189
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$3.71MWorld Rnk 90 / 209
Flag Rnk 540 / 1213

About

Exports In 2022, Luxembourg exported $2.5M in Electric Furnaces, making it the 52nd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 418th most exported product in Luxembourg. The main destination of Electric Furnaces exports from Luxembourg are: United States ($976k), Oman ($772k), Switzerland ($260k), Belgium ($256k), and Italy ($84.6k).

The fastest growing export markets for Electric Furnaces of Luxembourg between 2021 and 2022 were Oman ($738k), United States ($702k), and Belgium ($192k).

Imports In 2022, Luxembourg imported $3.71M in Electric Furnaces, becoming the 90th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 540th most imported product in Luxembourg. Luxembourg imports Electric Furnaces primarily from: Germany ($963k), Spain ($512k), France ($432k), Italy ($418k), and Canada ($369k).

The fastest growing import markets in Electric Furnaces for Luxembourg between 2021 and 2022 were Czechia ($325k), France ($266k), and Canada ($231k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.5M
IMPORTS (2022)$3.71M
NET TRADE (2022)-$1.21M

In 2022, Luxembourg exported $2.5M in Electric Furnaces. The main destinations of Luxembourg exports on Electric Furnaces were United States ($976k), Oman ($772k), Switzerland ($260k), Belgium ($256k), and Italy ($84.6k).

In 2022, Luxembourg imported $3.71M in Electric Furnaces, mainly from Germany ($963k), Spain ($512k), France ($432k), Italy ($418k), and Canada ($369k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Oman$738k (2.14k%)
United States$702k (256%)
Belgium$192k (297%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Luxembourg WERE (2021 - 2022):
Switzerland-$342k (-56.8%)
Austria-$212k (-86.1%)
Denmark-$94.9k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Luxembourg's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

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Electric Furnaces’s highest export potential is N/A. With an export gap of N/A.   Electric Furnaces’s highest import potential is N/A with an import gap of N/A.

See methodology.

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