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2022
Exports $64.7MWorld Rnk 81 / 160
Flag Rnk 68 / 1189
2022
Destination $39.8M Greece
2021 - 2022
FASTEST GROWING MARKET $39.8MGreece
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2022
Imports $908MWorld Rnk 53 / 222
Flag Rnk 4 / 1213
2022
Origin $298M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $298MBelgium

About

Exports In 2022, Luxembourg exported $64.7M in Petroleum Gas, making it the 81st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 68th most exported product in Luxembourg. The main destination of Petroleum Gas exports from Luxembourg are: Greece ($39.8M), Italy ($14.1M), Belgium ($10.3M), France ($209k), and Bulgaria ($160k).

The fastest growing export markets for Petroleum Gas of Luxembourg between 2021 and 2022 were Greece ($39.8M), Italy ($10.4M), and Belgium ($5.73M).

Imports In 2022, Luxembourg imported $908M in Petroleum Gas, becoming the 53rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in Luxembourg. Luxembourg imports Petroleum Gas primarily from: Belgium ($708M), Greece ($152M), Bulgaria ($43.4M), Italy ($2.33M), and Netherlands ($2.2M).

The fastest growing import markets in Petroleum Gas for Luxembourg between 2021 and 2022 were Belgium ($298M), Greece ($152M), and Bulgaria ($31.5M).

Latest Trends

Oct 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 Petroleum Gas. 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)$64.7M
IMPORTS (2022)$908M
NET TRADE (2022)-$844M

In 2022, Luxembourg exported $64.7M in Petroleum Gas. The main destinations of Luxembourg exports on Petroleum Gas were Greece ($39.8M), Italy ($14.1M), Belgium ($10.3M), France ($209k), and Bulgaria ($160k).

In 2022, Luxembourg imported $908M in Petroleum Gas, mainly from Belgium ($708M), Greece ($152M), Bulgaria ($43.4M), Italy ($2.33M), and Netherlands ($2.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Greece$39.8M (1%)
Italy$10.4M (282%)
Belgium$5.73M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Luxembourg WERE (2021 - 2022):
Hungary-$2.42M (-100%)
Netherlands-$1.31M (-92.8%)
Romania-$228k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Petroleum Gas were:
Norway $154B
United States $116B
Russia $71.5B
In 2022, Luxembourg's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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