2022
Exports | Imports
$1.61B | $49.9MWorld Rnk 5 / 177
Flag Rnk 1 / 1189
World Rnk 69 / 219
Flag Rnk 121 / 1213
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.39Rnk 669 / 1025

About

Exports In 2022, Luxembourg exported $1.61B in Iron Blocks, making it the 5th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 1st most exported product in Luxembourg. The main destination of Iron Blocks exports from Luxembourg are: Germany ($399M), Netherlands ($213M), France ($136M), Belgium ($125M), and Mexico ($100M).

The fastest growing export markets for Iron Blocks of Luxembourg between 2021 and 2022 were Mexico ($55.6M), France ($29.2M), and United Kingdom ($22.9M).

Imports In 2022, Luxembourg imported $49.9M in Iron Blocks, becoming the 69th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 121st most imported product in Luxembourg. Luxembourg imports Iron Blocks primarily from: Germany ($19.8M), Poland ($11.2M), Belgium ($7.79M), France ($7.27M), and Netherlands ($668k).

The fastest growing import markets in Iron Blocks for Luxembourg between 2021 and 2022 were Poland ($3.45M), Belgium ($1.12M), and Germany ($632k).

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

Latest Trends

Feb 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 Iron Blocks. 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)$1.61B
IMPORTS (2022)$49.9M
NET TRADE (2022)$1.56B

In 2022, Luxembourg exported $1.61B in Iron Blocks. The main destinations of Luxembourg exports on Iron Blocks were Germany ($399M), Netherlands ($213M), France ($136M), Belgium ($125M), and Mexico ($100M).

In 2022, Luxembourg imported $49.9M in Iron Blocks, mainly from Germany ($19.8M), Poland ($11.2M), Belgium ($7.79M), France ($7.27M), and Netherlands ($668k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Mexico$55.6M (125%)
France$29.2M (27.3%)
United Kingdom$22.9M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Luxembourg WERE (2021 - 2022):
Canada-$42M (-47.6%)
Turkey-$4.61M (-20%)
Greece-$3.63M (-71.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Luxembourg's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

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