2022
Exports
$2.64MWorld Rnk 74 / 126
Flag Rnk 404 / 1189
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$38.9MWorld Rnk 69 / 210
Flag Rnk 146 / 1213

About

Exports In 2022, Luxembourg exported $2.64M in Hot-Rolled Iron Bars, making it the 74th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 404th most exported product in Luxembourg. The main destination of Hot-Rolled Iron Bars exports from Luxembourg are: France ($1.32M), Italy ($443k), Germany ($300k), Poland ($294k), and Belgium ($144k).

The fastest growing export markets for Hot-Rolled Iron Bars of Luxembourg between 2021 and 2022 were Poland ($294k), Germany ($209k), and Italy ($86.2k).

Imports In 2022, Luxembourg imported $38.9M in Hot-Rolled Iron Bars, becoming the 69th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 146th most imported product in Luxembourg. Luxembourg imports Hot-Rolled Iron Bars primarily from: France ($24.2M), Germany ($7.74M), Poland ($4.26M), Italy ($1.49M), and Belgium ($724k).

The fastest growing import markets in Hot-Rolled Iron Bars for Luxembourg between 2021 and 2022 were China ($82).

Latest Trends

Jul 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 Hot-Rolled 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)$2.64M
IMPORTS (2022)$38.9M
NET TRADE (2022)-$36.3M

In 2022, Luxembourg exported $2.64M in Hot-Rolled Iron Bars. The main destinations of Luxembourg exports on Hot-Rolled Iron Bars were France ($1.32M), Italy ($443k), Germany ($300k), Poland ($294k), and Belgium ($144k).

In 2022, Luxembourg imported $38.9M in Hot-Rolled Iron Bars, mainly from France ($24.2M), Germany ($7.74M), Poland ($4.26M), Italy ($1.49M), and Belgium ($724k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Poland$294k (1%)
Germany$209k (230%)
Italy$86.2k (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Luxembourg WERE (2021 - 2022):
Israel-$15.2M (-100%)
France-$2M (-60.2%)
Spain-$53.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Luxembourg's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Luxembourg's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

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N/A
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Hot-Rolled Iron Bars’s highest export potential is N/A. With an export gap of N/A.   Hot-Rolled Iron Bars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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