2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Palestine-Luxembourg Trade: In 2022, Palestine exported $167 to Luxembourg. The main products that Palestine exported to Luxembourg were Raw Cork ($167). Over the past 5 years the exports of Palestine to Luxembourg have increased at an annualized rate of 13.4%, from $89 in 2017 to $167 in 2022.

In 2022, Palestine did not export any services to Luxembourg.

Luxembourg-Palestine Trade: In 2022, Luxembourg exported $8.17k to Palestine. The main products that Luxembourg exported to Palestine were Safety Glass ($3.34k), Medical Instruments ($1.11k), and Beauty Products ($1.09k). Over the past 5 years the exports of Luxembourg to Palestine have decreased at an annualized rate of 54.9%,  from $2.15M in 2017 to $8.17k in 2022.

In 2022, Luxembourg did not export any services to Palestine.

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B). That same year, Luxembourg ranked 78 in total exports ($20.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $167 to Luxembourg. The main products exported from Palestine to Luxembourg were Raw Cork ($167). During the last 5 years the exports of Palestine to Luxembourg have increased at an annualized rate of 13.4%, from $89 in 2017 to $167 in 2022.

In 2017, Luxembourg exported $8.17k to Palestine. The main products exported from Luxembourg to Palestine were Safety Glass ($3.34k), Medical Instruments ($1.11k), and Beauty Products ($1.09k). During the last 5 years the exports of Luxembourg to Palestine have decreased at an annualized rate of 54.9%, from $2.15M in 2022 to $8.17k in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Luxembourg
Top Destination
Germany$4.15B

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 2022, countries that imported more from Palestine than Luxembourg included Israel ($1.3B), Jordan ($159M), and Yemen ($1.4M).

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

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

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 2022, Palestine had a large net trade with Luxembourg in the exports of Wood Products ($167).

During 2017, Luxembourg had a large net trade with Palestine in the exports of Stone And Glass ($3.34k), Chemical Products ($2.04k), and Instruments ($1.85k).

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) (2022)

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