2023
Exports
$7.77MWorld Rnk 54 / 199
Flag Rnk 260 / 1189
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$14.3MWorld Rnk 72 / 223
Flag Rnk 290 / 1209

About

Exports In 2023, Luxembourg exported $7.77M in Navigation Equipment, making it the 54th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 260th most exported product in Luxembourg. The main destination of Navigation Equipment exports from Luxembourg are: South Korea ($5.07M), United States ($391k), Slovakia ($359k), Spain ($332k), and Japan ($308k).

The fastest growing export markets for Navigation Equipment of Luxembourg between 2022 and 2023 were Slovakia ($355k), Spain ($327k), and Japan ($308k).

Imports In 2023, Luxembourg imported $14.3M in Navigation Equipment, becoming the 72nd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 290th most imported product in Luxembourg. Luxembourg imports Navigation Equipment primarily from: Germany ($6.44M), Hungary ($1.71M), Romania ($1.52M), United States ($711k), and Sweden ($682k).

The fastest growing import markets in Navigation Equipment for Luxembourg between 2022 and 2023 were Germany ($3.68M), Romania ($1.52M), and Sweden ($663k).

Latest Trends

Jan 2025

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 Navigation Equipment. 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)$7.77M
IMPORTS (2023)$14.3M
NET TRADE (2023)-$6.49M

In 2023, Luxembourg exported $7.77M in Navigation Equipment. The main destinations of Luxembourg exports on Navigation Equipment were South Korea ($5.07M), United States ($391k), Slovakia ($359k), Spain ($332k), and Japan ($308k).

In 2023, Luxembourg imported $14.3M in Navigation Equipment, mainly from Germany ($6.44M), Hungary ($1.71M), Romania ($1.52M), United States ($711k), and Sweden ($682k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Slovakia$355k (8.84k%)
Spain$327k (7.36k%)
Japan$308k (248k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Luxembourg WERE (2022 - 2023):
South Korea-$1.43M (-22%)
United Kingdom-$792k (-92.2%)
Netherlands-$719k (-94.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Luxembourg's main exporting competitors in Navigation Equipment were:
In 2023, Luxembourg's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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