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Exports In 2022, Luxembourg exported $1.82k in Crude Petroleum, making it the 120th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1104th most exported product in Luxembourg. The main destination of Crude Petroleum exports from Luxembourg are: Netherlands ($1.7k) and France ($113).

The fastest growing export markets for Crude Petroleum of Luxembourg between 2021 and 2022 were Netherlands ($1.15k) and France ($113).

Imports In 2018, Luxembourg imported $25.8M in Crude Petroleum, becoming the 81st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 205th most imported product in Luxembourg. Luxembourg imports Crude Petroleum primarily from: Brazil ($25.7M), Germany ($16.6k), Netherlands ($4.56k), Belgium ($1.52k), and France ($279).

The fastest growing import markets in Crude Petroleum for Luxembourg between 2021 and 2022 were Brazil ($13.6M), Netherlands ($4.56k), and Belgium ($1.15k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Crude Petroleum. 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)$1.82k
IMPORTS (2022)$25.8M
NET TRADE (2022)-$25.8M

In 2022, Luxembourg exported $1.82k in Crude Petroleum. The main destinations of Luxembourg exports on Crude Petroleum were Netherlands ($1.7k) and France ($113).

In 2022, Luxembourg imported $25.8M in Crude Petroleum, mainly from Brazil ($25.7M), Germany ($16.6k), Netherlands ($4.56k), Belgium ($1.52k), and France ($279).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Netherlands$1.15k (207%)
France$113 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Luxembourg WERE (2021 - 2022):United States-$27 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Luxembourg's main exporting competitors in Crude Petroleum were:
In 2022, Luxembourg's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

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

See methodology.

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