2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Luxembourg-Israel Trade: In 2022, Luxembourg exported $160M to Israel. The main products that Luxembourg exported to Israel were Chocolate ($46.3M), Hot-Rolled Iron ($35.8M), and Baked Goods ($18M). Over the past 5 years the exports of Luxembourg to Israel have decreased at an annualized rate of 1.27%, from $171M in 2017 to $160M in 2022.

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.

Israel-Luxembourg Trade: In 2022, Israel exported $47.9M to Luxembourg. The main products that Israel exported to Luxembourg were Chemical Analysis Instruments ($11.8M), Other Measuring Instruments ($7.58M), and Other Plastic Products ($5.03M). Over the past 5 years the exports of Israel to Luxembourg have increased at an annualized rate of 22.2%,  from $17.6M in 2017 to $47.9M in 2022.

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

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $160M to Israel. The main products exported from Luxembourg to Israel were Chocolate ($46.3M), Hot-Rolled Iron ($35.8M), and Baked Goods ($18M). During the last 5 years the exports of Luxembourg to Israel have decreased at an annualized rate of 1.27%, from $171M in 2017 to $160M in 2022.

In 2017, Israel exported $47.9M to Luxembourg. The main products exported from Israel to Luxembourg were Chemical Analysis Instruments ($11.8M), Other Measuring Instruments ($7.58M), and Other Plastic Products ($5.03M). During the last 5 years the exports of Israel to Luxembourg have increased at an annualized rate of 22.2%, from $17.6M in 2022 to $47.9M in 2017.

Exports from Luxembourg (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Luxembourg (Flag) (2022)

Latest Data

Trade between Luxembourg (Flag) and Israel (Flag)

Luxembourg Exports

Israel Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Luxembourg than Israel included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from Israel than Luxembourg included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

Difference in imports from Israel (Flag) and Luxembourg (Flag) (2022)

Comparative Advantage Luxembourg - Israel

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Israel in the exports of Foodstuffs ($66.7M), Metals ($59M), and Plastics and Rubbers ($14M).

During 2017, Israel had a large net trade with Luxembourg in the exports of Instruments ($24.5M), Machines ($12.3M), and Plastics and Rubbers ($7.43M).

Economic Complexity

Competitive Landscape

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

Product Space of Luxembourg (Flag) and Israel (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with