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Exports In 2022, Luxembourg exported $47.6M in Steel Wire, making it the 18th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 83rd most exported product in Luxembourg. The main destination of Steel Wire exports from Luxembourg are: Germany ($13.6M), France ($8.51M), Spain ($7.94M), United Kingdom ($5.13M), and Hungary ($3.02M).

The fastest growing export markets for Steel Wire of Luxembourg between 2021 and 2022 were Spain ($2.09M), Germany ($2.06M), and United Kingdom ($669k).

Imports In 2022, Luxembourg imported $15.9M in Steel Wire, becoming the 40th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 286th most imported product in Luxembourg. Luxembourg imports Steel Wire primarily from: South Korea ($12M), Romania ($1.48M), Ukraine ($649k), Belgium ($412k), and Netherlands ($350k).

The fastest growing import markets in Steel Wire for Luxembourg between 2021 and 2022 were South Korea ($8.3M), Italy ($275k), and Belgium ($218k).

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 Steel Wire. 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)$47.6M
IMPORTS (2022)$15.9M
NET TRADE (2022)$31.7M

In 2022, Luxembourg exported $47.6M in Steel Wire. The main destinations of Luxembourg exports on Steel Wire were Germany ($13.6M), France ($8.51M), Spain ($7.94M), United Kingdom ($5.13M), and Hungary ($3.02M).

In 2022, Luxembourg imported $15.9M in Steel Wire, mainly from South Korea ($12M), Romania ($1.48M), Ukraine ($649k), Belgium ($412k), and Netherlands ($350k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Spain$2.09M (35.8%)
Germany$2.06M (17.8%)
United Kingdom$669k (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Luxembourg WERE (2021 - 2022):
Sweden-$2.42M (-58.4%)
Netherlands-$824k (-21.6%)
Italy-$260k (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Steel Wire were:
In 2022, Luxembourg's main importing competitors in Steel Wire were:

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Trade Value of Steel Wire by Exporters

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