2023
Exports
$96.6MWorld Rnk 73 / 214
Flag Rnk 43 / 1189
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$620MWorld Rnk 68 / 226
Flag Rnk 5 / 1209

About

Exports In 2023, Luxembourg exported $96.6M in Packaged Medicaments, making it the 73rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 43rd most exported product in Luxembourg. The main destination of Packaged Medicaments exports from Luxembourg are: Italy ($20.3M), Netherlands ($13.6M), Oman ($12.1M), United Kingdom ($11.4M), and Germany ($9.78M).

The fastest growing export markets for Packaged Medicaments of Luxembourg between 2022 and 2023 were Italy ($19.1M), United Kingdom ($11.4M), and Oman ($5.67M).

Imports In 2023, Luxembourg imported $620M in Packaged Medicaments, becoming the 68th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Luxembourg. Luxembourg imports Packaged Medicaments primarily from: Belgium ($517M), Germany ($42.2M), France ($13.9M), Netherlands ($11.8M), and United States ($7.14M).

The fastest growing import markets in Packaged Medicaments for Luxembourg between 2022 and 2023 were Belgium ($293M), Germany ($6.98M), and France ($2.4M).

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 Packaged Medicaments. 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)$96.6M
IMPORTS (2023)$620M
NET TRADE (2023)-$524M

In 2023, Luxembourg exported $96.6M in Packaged Medicaments. The main destinations of Luxembourg exports on Packaged Medicaments were Italy ($20.3M), Netherlands ($13.6M), Oman ($12.1M), United Kingdom ($11.4M), and Germany ($9.78M).

In 2023, Luxembourg imported $620M in Packaged Medicaments, mainly from Belgium ($517M), Germany ($42.2M), France ($13.9M), Netherlands ($11.8M), and United States ($7.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Italy$19.1M (1.58k%)
United Kingdom$11.4M (203k%)
Oman$5.67M (88.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Luxembourg WERE (2022 - 2023):
Belgium-$14.3M (-66.5%)
France-$10.2M (-95.9%)
Germany-$8.88M (-47.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Luxembourg's main exporting competitors in Packaged Medicaments were:
In 2023, Luxembourg's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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

See methodology.

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