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Exports In 2022, Luxembourg exported $19.1M in Iron Cloth, making it the 39th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 167th most exported product in Luxembourg. The main destination of Iron Cloth exports from Luxembourg are: France ($8.13M), Norway ($2.9M), Belgium ($1.58M), Germany ($1.41M), and Denmark ($1.24M).

The fastest growing export markets for Iron Cloth of Luxembourg between 2021 and 2022 were Norway ($586k), Italy ($459k), and Poland ($389k).

Imports In 2022, Luxembourg imported $69M in Iron Cloth, becoming the 35th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 86th most imported product in Luxembourg. Luxembourg imports Iron Cloth primarily from: Germany ($30.8M), Netherlands ($11M), France ($7.27M), Belgium ($6.01M), and Poland ($5.37M).

The fastest growing import markets in Iron Cloth for Luxembourg between 2021 and 2022 were South Korea ($2.91M), Poland ($2.77M), and Belgium ($1.71M).

Latest Trends

Aug 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 Iron Cloth. 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)$19.1M
IMPORTS (2022)$69M
NET TRADE (2022)-$49.9M

In 2022, Luxembourg exported $19.1M in Iron Cloth. The main destinations of Luxembourg exports on Iron Cloth were France ($8.13M), Norway ($2.9M), Belgium ($1.58M), Germany ($1.41M), and Denmark ($1.24M).

In 2022, Luxembourg imported $69M in Iron Cloth, mainly from Germany ($30.8M), Netherlands ($11M), France ($7.27M), Belgium ($6.01M), and Poland ($5.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Norway$586k (25.4%)
Italy$459k (115%)
Poland$389k (2.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Luxembourg WERE (2021 - 2022):
France-$5.06M (-38.3%)
Netherlands-$969k (-46.4%)
Belgium-$724k (-31.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Luxembourg's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Luxembourg's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

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

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