2022
Exports | Imports
$25.4M | $123MWorld Rnk 88 / 222
Flag Rnk 133 / 1189
World Rnk 87 / 225
Flag Rnk 43 / 1213
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.57Rnk 718 / 1025

About

Exports In 2022, Luxembourg exported $25.4M in Insulated Wire, making it the 88th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 133rd most exported product in Luxembourg. The main destination of Insulated Wire exports from Luxembourg are: France ($4.68M), Germany ($2.87M), Belgium ($2.33M), China ($2.27M), and Oman ($1.95M).

The fastest growing export markets for Insulated Wire of Luxembourg between 2021 and 2022 were Oman ($1.73M), Romania ($1.37M), and Netherlands ($632k).

Imports In 2022, Luxembourg imported $123M in Insulated Wire, becoming the 87th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 43rd most imported product in Luxembourg. Luxembourg imports Insulated Wire primarily from: Germany ($63.4M), Belgium ($10.8M), Japan ($6.59M), Italy ($5.95M), and Czechia ($4.9M).

The fastest growing import markets in Insulated Wire for Luxembourg between 2021 and 2022 were Austria ($1.38M), Japan ($791k), and Denmark ($783k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Insulated Wire from Luxembourg to the United States.

Latest Trends

Jan 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 Insulated Wire. 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)$25.4M
IMPORTS (2022)$123M
NET TRADE (2022)-$97.2M

In 2022, Luxembourg exported $25.4M in Insulated Wire. The main destinations of Luxembourg exports on Insulated Wire were France ($4.68M), Germany ($2.87M), Belgium ($2.33M), China ($2.27M), and Oman ($1.95M).

In 2022, Luxembourg imported $123M in Insulated Wire, mainly from Germany ($63.4M), Belgium ($10.8M), Japan ($6.59M), Italy ($5.95M), and Czechia ($4.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Oman$1.73M (780%)
Romania$1.37M (433%)
Netherlands$632k (70.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Luxembourg WERE (2021 - 2022):
Slovakia-$720k (-85.2%)
Germany-$551k (-16.1%)
Mexico-$375k (-55.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Insulated Wire were:
In 2022, Luxembourg's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

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