2022
Exports | Imports
$113M | $32.1MWorld Rnk 10 / 126
Flag Rnk 46 / 1189
World Rnk 38 / 203
Flag Rnk 168 / 1213
2022
PRODUCT COMPLEXITY IN Iron Railway Products
0.43Rnk 400 / 1025

About

Exports In 2022, Luxembourg exported $113M in Iron Railway Products, making it the 10th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 46th most exported product in Luxembourg. The main destination of Iron Railway Products exports from Luxembourg are: Germany ($19.3M), France ($17.4M), China ($12.9M), Belgium ($11.4M), and Sweden ($6.63M).

The fastest growing export markets for Iron Railway Products of Luxembourg between 2021 and 2022 were China ($5.99M), Israel ($3.73M), and India ($1.45M).

Imports In 2022, Luxembourg imported $32.1M in Iron Railway Products, becoming the 38th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 168th most imported product in Luxembourg. Luxembourg imports Iron Railway Products primarily from: Austria ($16.8M), Germany ($7.45M), France ($2.76M), Belgium ($1.97M), and China ($1.46M).

The fastest growing import markets in Iron Railway Products for Luxembourg between 2021 and 2022 were Austria ($4.53M), Germany ($1.15M), and China ($698k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Railway Products 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 Railway Products. 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)$113M
IMPORTS (2022)$32.1M
NET TRADE (2022)$80.9M

In 2022, Luxembourg exported $113M in Iron Railway Products. The main destinations of Luxembourg exports on Iron Railway Products were Germany ($19.3M), France ($17.4M), China ($12.9M), Belgium ($11.4M), and Sweden ($6.63M).

In 2022, Luxembourg imported $32.1M in Iron Railway Products, mainly from Austria ($16.8M), Germany ($7.45M), France ($2.76M), Belgium ($1.97M), and China ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
China$5.99M (86%)
Israel$3.73M (357%)
India$1.45M (676%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Luxembourg WERE (2021 - 2022):
Italy-$3.37M (-42%)
South Korea-$2.08M (-70.2%)
Germany-$1.74M (-8.29%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Iron Railway Products were:
In 2022, Luxembourg's main importing competitors in Iron Railway Products were:

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Trade Value of Iron Railway Products by Exporters

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