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Israel-Luxembourg Trade: In 2023, Israel exported $67.4M to Luxembourg. The main products that Israel exported to Luxembourg were Chemical Analysis Instruments ($22.1M), Other Measuring Instruments ($10.8M), and Other Plastic Products ($6.03M). Over the past 5 years the exports of Israel to Luxembourg have increased at an annualized rate of 33.7%, from $15.8M in 2018 to $67.4M in 2023.

In 2012, Israel exported services to Luxembourg worth $0, with being the largest in terms of value.

Luxembourg-Israel Trade: In 2023, Luxembourg exported $27.6M to Israel. The main products that Luxembourg exported to Israel were Iron Railway Products ($7.34M), Aircraft parts (gliders, balloons, and powered aircraft) ($1.95M), and Other Plastic Sheetings ($1.75M). Over the past 5 years the exports of Luxembourg to Israel have decreased at an annualized rate of 0.64%,  from $28.5M in 2018 to $27.6M in 2023.

In 2009, Luxembourg exported services to Israel worth $117M, with Services not allocated ($60.8M), Financial services ($43.9M), and Other business services ($8.36M) being the largest in terms of value.

Comparison In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28),  and 49 in total exports ($69.3B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Israel exported $67.4M to Luxembourg. The main products exported from Israel to Luxembourg were Chemical Analysis Instruments ($22.1M), Other Measuring Instruments ($10.8M), and Other Plastic Products ($6.03M). During the last 5 years the exports of Israel to Luxembourg have increased at an annualized rate of 33.7%, from $15.8M in 2018 to $67.4M in 2023.

In 2018, Luxembourg exported $27.6M to Israel. The main products exported from Luxembourg to Israel were Iron Railway Products ($7.34M), Aircraft parts (gliders, balloons, and powered aircraft) ($1.95M), and Other Plastic Sheetings ($1.75M). During the last 5 years the exports of Luxembourg to Israel have decreased at an annualized rate of 0.64%, from $28.5M in 2023 to $27.6M in 2018.

Latest Data

Israel Exports

Luxembourg Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Luxembourg
Top Destination
Germany$3.42B

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

In undefined, countries that imported more from Israel than Luxembourg included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Israel - Luxembourg

Flow
Scale

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

During 2023, Israel had a large net trade with Luxembourg in the exports of Instruments ($35.1M), Machines ($19.8M), and Plastics and Rubbers ($8.72M).

During 2018, Luxembourg had a large net trade with Israel in the exports of Metals ($10.7M), Plastics and Rubbers ($6.34M), and Machines ($3.3M).

Economic Complexity

Competitive Landscape

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

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

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