2023
Exports
$127MWorld Rnk 11 / 136
Flag Rnk 34 / 1189
2023
PRODUCT COMPLEXITY IN Iron Railway Products
0.37Rnk 424 / 1025
2023
Imports
$29.9MWorld Rnk 43 / 196
Flag Rnk 172 / 1209

About

Exports In 2023, Luxembourg exported $127M in Iron Railway Products, making it the 11th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 34th most exported product in Luxembourg. The main destination of Iron Railway Products exports from Luxembourg are: Belgium ($16.2M), France ($15.8M), Germany ($13.4M), Italy ($12.3M), and China ($9.3M).

The fastest growing export markets for Iron Railway Products of Luxembourg between 2022 and 2023 were Italy ($7.64M), Belgium ($4.02M), and Sri Lanka ($2.62M).

Imports In 2023, Luxembourg imported $29.9M in Iron Railway Products, becoming the 43rd largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 172nd most imported product in Luxembourg. Luxembourg imports Iron Railway Products primarily from: Austria ($16.6M), France ($5.71M), Germany ($2.77M), Italy ($1.49M), and Belgium ($1.1M).

The fastest growing import markets in Iron Railway Products for Luxembourg between 2022 and 2023 were France ($1.61M), Austria ($1.29M), and Italy ($1.19M).

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 Iron Railway Products. 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)$127M
IMPORTS (2023)$29.9M
NET TRADE (2023)$97.2M

In 2023, Luxembourg exported $127M in Iron Railway Products. The main destinations of Luxembourg exports on Iron Railway Products were Belgium ($16.2M), France ($15.8M), Germany ($13.4M), Italy ($12.3M), and China ($9.3M).

In 2023, Luxembourg imported $29.9M in Iron Railway Products, mainly from Austria ($16.6M), France ($5.71M), Germany ($2.77M), Italy ($1.49M), and Belgium ($1.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Italy$7.64M (165%)
Belgium$4.02M (33%)
Sri Lanka$2.62M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Luxembourg WERE (2022 - 2023):
Germany-$4.16M (-23.7%)
China-$2.29M (-19.8%)
Denmark-$1.06M (-50.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Luxembourg's main exporting competitors in Iron Railway Products were:
In 2023, Luxembourg's main importing competitors in Iron Railway Products were:

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

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

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

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