2022
Exports
$9.55MWorld Rnk 44 / 144
Flag Rnk 245 / 1189
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$16.7MWorld Rnk 52 / 200
Flag Rnk 272 / 1213

About

Exports In 2022, Luxembourg exported $9.55M in Locomotive Parts, making it the 44th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 245th most exported product in Luxembourg. The main destination of Locomotive Parts exports from Luxembourg are: Germany ($4.97M), France ($1.14M), Italy ($869k), Belgium ($520k), and Spain ($482k).

The fastest growing export markets for Locomotive Parts of Luxembourg between 2021 and 2022 were Germany ($2.25M), Italy ($764k), and Hungary ($138k).

Imports In 2022, Luxembourg imported $16.7M in Locomotive Parts, becoming the 52nd largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 272nd most imported product in Luxembourg. Luxembourg imports Locomotive Parts primarily from: Germany ($4.16M), Spain ($3.08M), Belgium ($2.25M), Italy ($1.35M), and Poland ($1.18M).

The fastest growing import markets in Locomotive Parts for Luxembourg between 2021 and 2022 were Spain ($2.04M), Italy ($813k), and Poland ($704k).

Latest Trends

Sep 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 Locomotive Parts. 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)$9.55M
IMPORTS (2022)$16.7M
NET TRADE (2022)-$7.14M

In 2022, Luxembourg exported $9.55M in Locomotive Parts. The main destinations of Luxembourg exports on Locomotive Parts were Germany ($4.97M), France ($1.14M), Italy ($869k), Belgium ($520k), and Spain ($482k).

In 2022, Luxembourg imported $16.7M in Locomotive Parts, mainly from Germany ($4.16M), Spain ($3.08M), Belgium ($2.25M), Italy ($1.35M), and Poland ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Germany$2.25M (83.1%)
Italy$764k (730%)
Hungary$138k (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Luxembourg WERE (2021 - 2022):
South Korea-$1.3M (-74.3%)
Switzerland-$1.07M (-89.3%)
Belgium-$429k (-45.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Locomotive Parts were:
In 2022, Luxembourg's main importing competitors in Locomotive Parts were:

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

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

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