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Exports In 2022, Luxembourg exported $89.7M in Packaged Medicaments, making it the 73rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 55th most exported product in Luxembourg. The main destination of Packaged Medicaments exports from Luxembourg are: Belgium ($53.4M), Netherlands ($7.81M), France ($7.15M), Oman ($6.43M), and Austria ($4.09M).

The fastest growing export markets for Packaged Medicaments of Luxembourg between 2021 and 2022 were Spain ($1.36M), Austria ($1.24M), and Bulgaria ($970k).

Imports In 2022, Luxembourg imported $453M in Packaged Medicaments, becoming the 77th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Luxembourg. Luxembourg imports Packaged Medicaments primarily from: Belgium ($334M), Germany ($50.5M), Netherlands ($21.4M), France ($15.6M), and Switzerland ($14.5M).

The fastest growing import markets in Packaged Medicaments for Luxembourg between 2021 and 2022 were United States ($2.23M), Netherlands ($2.13M), and Spain ($1.68M).

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 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

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EXPORTS (2022)$89.7M
IMPORTS (2022)$453M
NET TRADE (2022)-$363M

In 2022, Luxembourg exported $89.7M in Packaged Medicaments. The main destinations of Luxembourg exports on Packaged Medicaments were Belgium ($53.4M), Netherlands ($7.81M), France ($7.15M), Oman ($6.43M), and Austria ($4.09M).

In 2022, Luxembourg imported $453M in Packaged Medicaments, mainly from Belgium ($334M), Germany ($50.5M), Netherlands ($21.4M), France ($15.6M), and Switzerland ($14.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Spain$1.36M (75.4%)
Austria$1.24M (43.6%)
Bulgaria$970k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Luxembourg WERE (2021 - 2022):
Switzerland-$2.44M (-82.6%)
Belgium-$2.03M (-3.66%)
France-$1.97M (-21.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Luxembourg's main exporting competitors in Packaged Medicaments were:
In 2022, Luxembourg's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

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