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Exports In 2022, Luxembourg exported $361k in Iron Reductions, making it the 50th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 701st most exported product in Luxembourg. The main destination of Iron Reductions exports from Luxembourg are: Netherlands ($212k), Belgium ($148k), and Denmark ($1.26k).

The fastest growing export markets for Iron Reductions of Luxembourg between 2021 and 2022 were Netherlands ($212k).

Imports In 2022, Luxembourg imported $42.3k in Iron Reductions, becoming the 79th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1100th most imported product in Luxembourg. Luxembourg imports Iron Reductions primarily from: Netherlands ($23.8k), Sweden ($9k), France ($7.85k), Germany ($1.5k), and China ($108).

The fastest growing import markets in Iron Reductions for Luxembourg between 2021 and 2022 were Netherlands ($23.8k), Sweden ($6.11k), and India ($5).

Latest Trends

Nov 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 Reductions. 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)$361k
IMPORTS (2022)$42.3k
NET TRADE (2022)$319k

In 2022, Luxembourg exported $361k in Iron Reductions. The main destinations of Luxembourg exports on Iron Reductions were Netherlands ($212k), Belgium ($148k), and Denmark ($1.26k).

In 2022, Luxembourg imported $42.3k in Iron Reductions, mainly from Netherlands ($23.8k), Sweden ($9k), France ($7.85k), Germany ($1.5k), and China ($108).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):Netherlands$212k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Luxembourg WERE (2021 - 2022):
Belgium-$36.6k (-19.8%)
Switzerland-$25.8k (-100%)
France-$7.44k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

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

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