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Exports In 2022, Luxembourg exported $135k in Watch Movements, making it the 41st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 823rd most exported product in Luxembourg. The main destination of Watch Movements exports from Luxembourg are: France ($71.8k), Netherlands ($55.2k), Belgium ($7.69k), Spain ($196), and Italy ($79).

The fastest growing export markets for Watch Movements of Luxembourg between 2021 and 2022 were Belgium ($7.69k), Spain ($196), and Turkey ($48).

Imports In 2022, Luxembourg imported $185k in Watch Movements, becoming the 56th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 980th most imported product in Luxembourg. Luxembourg imports Watch Movements primarily from: Switzerland ($82.3k), Netherlands ($76k), China ($7.75k), Germany ($5.73k), and Belgium ($5.45k).

The fastest growing import markets in Watch Movements for Luxembourg between 2021 and 2022 were Switzerland ($14.8k), France ($2.55k), and Belgium ($2.23k).

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 Watch Movements. 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)$135k
IMPORTS (2022)$185k
NET TRADE (2022)-$50.2k

In 2022, Luxembourg exported $135k in Watch Movements. The main destinations of Luxembourg exports on Watch Movements were France ($71.8k), Netherlands ($55.2k), Belgium ($7.69k), Spain ($196), and Italy ($79).

In 2022, Luxembourg imported $185k in Watch Movements, mainly from Switzerland ($82.3k), Netherlands ($76k), China ($7.75k), Germany ($5.73k), and Belgium ($5.45k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Luxembourg WERE (2021 - 2022):
Belgium$7.69k (1%)
Spain$196 (1%)
Turkey$48 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Luxembourg WERE (2021 - 2022):
France-$20.3k (-22.1%)
Netherlands-$17.2k (-23.7%)
Switzerland-$15.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Luxembourg's main exporting competitors in Watch Movements were:
In 2022, Luxembourg's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

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

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