2022
Exports | Imports
$53M | $895MWorld Rnk 68 / 212
Flag Rnk 77 / 1189
World Rnk 17 / 187
Flag Rnk 5 / 1213
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.5Rnk 699 / 1025

About

Exports In 2022, Luxembourg exported $53M in Scrap Iron, making it the 68th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 77th most exported product in Luxembourg. The main destination of Scrap Iron exports from Luxembourg are: Belgium ($20.5M), France ($15M), Germany ($11.8M), Netherlands ($2.11M), and Poland ($1.72M).

The fastest growing export markets for Scrap Iron of Luxembourg between 2021 and 2022 were Poland ($1.38M), India ($1.33M), and Austria ($170k).

Imports In 2022, Luxembourg imported $895M in Scrap Iron, becoming the 17th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 5th most imported product in Luxembourg. Luxembourg imports Scrap Iron primarily from: France ($422M), Germany ($367M), Belgium ($77.8M), United Kingdom ($14.4M), and Netherlands ($9.68M).

The fastest growing import markets in Scrap Iron for Luxembourg between 2021 and 2022 were United Kingdom ($3.66M), France ($1.97M), and Switzerland ($593k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Scrap Iron 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 Scrap Iron. 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)$53M
IMPORTS (2022)$895M
NET TRADE (2022)-$842M

In 2022, Luxembourg exported $53M in Scrap Iron. The main destinations of Luxembourg exports on Scrap Iron were Belgium ($20.5M), France ($15M), Germany ($11.8M), Netherlands ($2.11M), and Poland ($1.72M).

In 2022, Luxembourg imported $895M in Scrap Iron, mainly from France ($422M), Germany ($367M), Belgium ($77.8M), United Kingdom ($14.4M), and Netherlands ($9.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Poland$1.38M (403%)
India$1.33M (1.04k%)
Austria$170k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Luxembourg WERE (2021 - 2022):
Germany-$5.01M (-29.7%)
France-$2.42M (-13.9%)
Spain-$1.44M (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Scrap Iron were:
In 2022, Luxembourg's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

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