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Exports In 2022, Luxembourg exported $22M in Medical Instruments, making it the 68th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 149th most exported product in Luxembourg. The main destination of Medical Instruments exports from Luxembourg are: Belgium ($3.54M), Austria ($3.46M), Oman ($3.27M), Netherlands ($3.25M), and Germany ($2.02M).

The fastest growing export markets for Medical Instruments of Luxembourg between 2021 and 2022 were Austria ($2.96M), Netherlands ($2.4M), and Canada ($256k).

Imports In 2022, Luxembourg imported $93.9M in Medical Instruments, becoming the 78th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 59th most imported product in Luxembourg. Luxembourg imports Medical Instruments primarily from: United States ($31.5M), Belgium ($24.2M), Germany ($13.5M), Netherlands ($6.36M), and France ($4.45M).

The fastest growing import markets in Medical Instruments for Luxembourg between 2021 and 2022 were United States ($21.6M), France ($1.08M), and Netherlands ($689k).

Latest Trends

Jul 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 Medical Instruments. 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)$22M
IMPORTS (2022)$93.9M
NET TRADE (2022)-$71.8M

In 2022, Luxembourg exported $22M in Medical Instruments. The main destinations of Luxembourg exports on Medical Instruments were Belgium ($3.54M), Austria ($3.46M), Oman ($3.27M), Netherlands ($3.25M), and Germany ($2.02M).

In 2022, Luxembourg imported $93.9M in Medical Instruments, mainly from United States ($31.5M), Belgium ($24.2M), Germany ($13.5M), Netherlands ($6.36M), and France ($4.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Austria$2.96M (598%)
Netherlands$2.4M (283%)
Canada$256k (63.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Luxembourg WERE (2021 - 2022):
Belgium-$1.7M (-32.5%)
Germany-$1.2M (-37.3%)
Italy-$950k (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Luxembourg's main exporting competitors in Medical Instruments were:
In 2022, Luxembourg's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

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

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