2023
Exports
$11MWorld Rnk 41 / 151
Flag Rnk 227 / 1189
2023
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 247 / 1025
2023
Imports
$16.3MWorld Rnk 53 / 199
Flag Rnk 269 / 1209

About

Exports In 2023, Luxembourg exported $11M in Locomotive Parts, making it the 41st largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 227th most exported product in Luxembourg. The main destination of Locomotive Parts exports from Luxembourg are: Germany ($5.6M), Spain ($1.3M), France ($862k), Belgium ($812k), and Italy ($720k).

The fastest growing export markets for Locomotive Parts of Luxembourg between 2022 and 2023 were Germany ($939k), Spain ($816k), and Poland ($353k).

Imports In 2023, Luxembourg imported $16.3M in Locomotive Parts, becoming the 53rd largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 269th most imported product in Luxembourg. Luxembourg imports Locomotive Parts primarily from: Germany ($4.15M), Italy ($3.27M), Spain ($1.89M), Belgium ($1.44M), and France ($1.32M).

The fastest growing import markets in Locomotive Parts for Luxembourg between 2022 and 2023 were Italy ($2.17M), Ireland ($295k), and Belgium ($195k).

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 Locomotive Parts. 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)$11M
IMPORTS (2023)$16.3M
NET TRADE (2023)-$5.34M

In 2023, Luxembourg exported $11M in Locomotive Parts. The main destinations of Luxembourg exports on Locomotive Parts were Germany ($5.6M), Spain ($1.3M), France ($862k), Belgium ($812k), and Italy ($720k).

In 2023, Luxembourg imported $16.3M in Locomotive Parts, mainly from Germany ($4.15M), Italy ($3.27M), Spain ($1.89M), Belgium ($1.44M), and France ($1.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Germany$939k (20.2%)
Spain$816k (170%)
Poland$353k (96.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Luxembourg WERE (2022 - 2023):
South Korea-$632k (-100%)
Austria-$323k (-85.8%)
Hungary-$90.1k (-68.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Luxembourg's main exporting competitors in Locomotive Parts were:
In 2023, Luxembourg's main importing competitors in Locomotive Parts were:

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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