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Exports In 2022, Luxembourg exported $14.5M in Raw Iron Bars, making it the 76th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 190th most exported product in Luxembourg. The main destination of Raw Iron Bars exports from Luxembourg are: Germany ($2.53M), Australia ($2.48M), Spain ($2.35M), France ($2.33M), and Netherlands ($1.76M).

The fastest growing export markets for Raw Iron Bars of Luxembourg between 2021 and 2022 were Australia ($972k), Spain ($829k), and Poland ($226k).

Imports In 2022, Luxembourg imported $72M in Raw Iron Bars, becoming the 73rd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 81st most imported product in Luxembourg. Luxembourg imports Raw Iron Bars primarily from: Germany ($43.5M), France ($20.9M), Italy ($2.46M), Belgium ($1.6M), and Greece ($1.45M).

The fastest growing import markets in Raw Iron Bars for Luxembourg between 2021 and 2022 were Germany ($7.12M), France ($3.86M), and Greece ($1.45M).

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 Raw Iron Bars. 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)$14.5M
IMPORTS (2022)$72M
NET TRADE (2022)-$57.5M

In 2022, Luxembourg exported $14.5M in Raw Iron Bars. The main destinations of Luxembourg exports on Raw Iron Bars were Germany ($2.53M), Australia ($2.48M), Spain ($2.35M), France ($2.33M), and Netherlands ($1.76M).

In 2022, Luxembourg imported $72M in Raw Iron Bars, mainly from Germany ($43.5M), France ($20.9M), Italy ($2.46M), Belgium ($1.6M), and Greece ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Australia$972k (64.6%)
Spain$829k (54.3%)
Poland$226k (219%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Luxembourg WERE (2021 - 2022):
Israel-$2.12M (-100%)
Germany-$1.2M (-32.2%)
Belgium-$1.03M (-59.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Luxembourg's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Luxembourg's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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