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2022
Exports $66.1kWorld Rnk 67 / 166
Flag Rnk 896 / 1189
2022
Destination $14.4k Germany
2021 - 2022
FASTEST GROWING MARKET $14.4kGermany
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts1.19Rnk 106 / 1025
2022
Imports $2.01MWorld Rnk 57 / 204
Flag Rnk 643 / 1213
2022
Origin $261k Germany
2021 - 2022
FASTEST GROWING ORIGIN $261kNetherlands

About

Exports In 2022, Luxembourg exported $66.1k in Musical Instrument Parts, making it the 67th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 896th most exported product in Luxembourg. The main destination of Musical Instrument Parts exports from Luxembourg are: Germany ($14.8k), Austria ($13.7k), United States ($9.5k), Belgium ($7.92k), and China ($4.49k).

The fastest growing export markets for Musical Instrument Parts of Luxembourg between 2021 and 2022 were Germany ($14.4k), Austria ($13.7k), and United States ($9.48k).

Imports In 2022, Luxembourg imported $2.01M in Musical Instrument Parts, becoming the 57th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 643rd most imported product in Luxembourg. Luxembourg imports Musical Instrument Parts primarily from: Germany ($544k), Netherlands ($389k), Portugal ($218k), United States ($191k), and France ($157k).

The fastest growing import markets in Musical Instrument Parts for Luxembourg between 2021 and 2022 were Netherlands ($261k), Portugal ($209k), and United States ($92.6k).

Latest Trends

Oct 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 Musical Instrument 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 (2022)$66.1k
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.94M

In 2022, Luxembourg exported $66.1k in Musical Instrument Parts. The main destinations of Luxembourg exports on Musical Instrument Parts were Germany ($14.8k), Austria ($13.7k), United States ($9.5k), Belgium ($7.92k), and China ($4.49k).

In 2022, Luxembourg imported $2.01M in Musical Instrument Parts, mainly from Germany ($544k), Netherlands ($389k), Portugal ($218k), United States ($191k), and France ($157k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Germany$14.4k (4.15k%)
Austria$13.7k (1%)
United States$9.48k (43.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Luxembourg WERE (2021 - 2022):
Italy-$30.1k (-100%)
Slovakia-$13.1k (-79.4%)
Switzerland-$6.1k (-98.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Musical Instrument Parts were:
China $367M
United States $290M
Germany $217M
In 2022, Luxembourg's main importing competitors in Musical Instrument Parts were:
United States $309M
Germany $168M
China $160M

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

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