2023
Exports
$2.9kWorld Rnk 123 / 150
Flag Rnk 1079 / 1189
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$37.1MWorld Rnk 81 / 159
Flag Rnk 142 / 1209

About

Exports In 2023, Luxembourg exported $2.9k in Crude Petroleum, making it the 123rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1079th most exported product in Luxembourg. The main destination of Crude Petroleum exports from Luxembourg are: Netherlands ($2.77k), Uganda ($122), Belgium ($12), and United States ($5).

The fastest growing export markets for Crude Petroleum of Luxembourg between 2022 and 2023 were Netherlands ($870), Uganda ($122), and Belgium ($12).

Imports In 2023, Luxembourg imported $37.1M in Crude Petroleum, becoming the 81st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 142nd most imported product in Luxembourg. Luxembourg imports Crude Petroleum primarily from: Brazil ($37.1M), Germany ($10.1k), India ($6.38k), Belgium ($3.31k), and Netherlands ($2.19k).

The fastest growing import markets in Crude Petroleum for Luxembourg between 2022 and 2023 were Brazil ($11.4M), India ($5.62k), and Belgium ($2.64k).

Latest Trends

Dec 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 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 (2023)$2.9k
IMPORTS (2023)$37.1M
NET TRADE (2023)-$37.1M

In 2023, Luxembourg exported $2.9k in Crude Petroleum. The main destinations of Luxembourg exports on Crude Petroleum were Netherlands ($2.77k), Uganda ($122), Belgium ($12), and United States ($5).

In 2023, Luxembourg imported $37.1M in Crude Petroleum, mainly from Brazil ($37.1M), Germany ($10.1k), India ($6.38k), Belgium ($3.31k), and Netherlands ($2.19k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Netherlands$870 (45.9%)
Uganda$122 (1%)
Belgium$12 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Luxembourg WERE (2022 - 2023):France-$113 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Luxembourg's main exporting competitors in Crude Petroleum were:
In 2023, 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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N/A
N/AN/A
N/AN/A

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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