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Exports In 2023, Luxembourg exported $1.17M in Silicone, making it the 56th largest exporter of Silicone in the world. At the same year, Silicone was the 518th most exported product in Luxembourg. The main destination of Silicone exports from Luxembourg are: Italy ($278k), Netherlands ($201k), Belgium ($196k), Romania ($179k), and France ($71.9k).

The fastest growing export markets for Silicone of Luxembourg between 2022 and 2023 were Netherlands ($152k), Belgium ($75.7k), and Germany ($54.1k).

Imports In 2023, Luxembourg imported $11M in Silicone, becoming the 58th largest importer of Silicone in the world. At the same year, Silicone was the 339th most imported product in Luxembourg. Luxembourg imports Silicone primarily from: Netherlands ($6.06M), Germany ($3.04M), Belgium ($901k), Japan ($348k), and Hungary ($290k).

The fastest growing import markets in Silicone for Luxembourg between 2022 and 2023 were Japan ($348k), Hungary ($218k), and Germany ($119k).

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 Silicone. 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)$1.17M
IMPORTS (2023)$11M
NET TRADE (2023)-$9.83M

In 2023, Luxembourg exported $1.17M in Silicone. The main destinations of Luxembourg exports on Silicone were Italy ($278k), Netherlands ($201k), Belgium ($196k), Romania ($179k), and France ($71.9k).

In 2023, Luxembourg imported $11M in Silicone, mainly from Netherlands ($6.06M), Germany ($3.04M), Belgium ($901k), Japan ($348k), and Hungary ($290k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Luxembourg WERE (2022 - 2023):
Netherlands$152k (304%)
Belgium$75.7k (62.8%)
Germany$54.1k (724%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Luxembourg WERE (2022 - 2023):
Italy-$841k (-75.2%)
Spain-$808k (-95.9%)
France-$212k (-74.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

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

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