2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC 
$3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195

About

Palestine-Luxembourg Trade: In 2023, Palestine exported $610 to Luxembourg. The main products that Palestine exported to Luxembourg were Tropical Fruits ($610). Over the past 5 years the exports of Palestine to Luxembourg have increased at an annualized rate of 59.5%, from $59 in 2018 to $610 in 2023.

In 2023, Palestine did not export any services to Luxembourg.

Luxembourg-Palestine Trade: In 2023, Luxembourg exported $13.6k to Palestine. The main products that Luxembourg exported to Palestine were Rubber Tires ($12.5k), Office Machine Parts ($1.08k), and Paper Notebooks ($6). Over the past 5 years the exports of Luxembourg to Palestine have decreased at an annualized rate of 50.4%,  from $454k in 2018 to $13.6k in 2023.

In 2023, Luxembourg did not export any services to Palestine.

Comparison In 2023,  Palestine ranked 189 in total exports ($189M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $610 to Luxembourg. The main products exported from Palestine to Luxembourg were Tropical Fruits ($610). During the last 5 years the exports of Palestine to Luxembourg have increased at an annualized rate of 59.5%, from $59 in 2018 to $610 in 2023.

In 2018, Luxembourg exported $13.6k to Palestine. The main products exported from Luxembourg to Palestine were Rubber Tires ($12.5k), Office Machine Parts ($1.08k), and Paper Notebooks ($6). During the last 5 years the exports of Luxembourg to Palestine have decreased at an annualized rate of 50.4%, from $454k in 2023 to $13.6k in 2018.

Exports from Palestine (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Palestine (Flag) (2023)

Latest Data

Trade between Palestine (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Luxembourg
Top Destination
Germany$3.42B

This map shows whether countries import more from Palestine or Luxembourg. Each country is colored based on the difference in imports they receive from Palestine and Luxembourg or the difference in the growth in imports.

In 2023, countries that imported more from Palestine than Luxembourg included Jordan ($96.6M).

In 2023, countries that imported more from Luxembourg than Palestine included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

Difference in imports from Luxembourg (Flag) and Palestine (Flag) (2023)

Comparative Advantage Palestine - Luxembourg

Flow
Scale

This chart compares trade between Palestine and Luxembourg by product, considering products traded by both, Palestine and Luxembourg.

During 2023, Palestine had a large net trade with Luxembourg in the exports of Vegetable Products ($610).

During 2018, Luxembourg had a large net trade with Palestine in the exports of Plastics and Rubbers ($12.5k), Machines ($1.08k), and Paper Goods ($6).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Palestine and Luxembourg. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Luxembourg. Similarly, a dot/product with the flag of Luxembourg indicates it has a comparative advantage over Palestine.

Product Space of Palestine (Flag) and Luxembourg (Flag) (2023)

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