2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

China-Palestine Trade: In 2023, China exported $165M to Palestine. The main products that China exported to Palestine were Air Conditioners ($8.98M), Video Recording Equipment ($6.05M), and Light Fixtures ($5.99M). Over the past 5 years the exports of China to Palestine have decreased at an annualized rate of 10.8%, from $292M in 2018 to $165M in 2023.

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

Palestine-China Trade: In 2023, Palestine exported $49.8k to China. The main products that Palestine exported to China were Tanned Equine and Bovine Hides ($42.3k), Electrical Capacitors ($4.04k), and Wood Ornaments ($2.25k). Over the past 5 years the exports of Palestine to China have decreased at an annualized rate of 44.3%,  from $933k in 2018 to $49.8k in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $165M to Palestine. The main products exported from China to Palestine were Air Conditioners ($8.98M), Video Recording Equipment ($6.05M), and Light Fixtures ($5.99M). During the last 5 years the exports of China to Palestine have decreased at an annualized rate of 10.8%, from $292M in 2018 to $165M in 2023.

In 2018, Palestine exported $49.8k to China. The main products exported from Palestine to China were Tanned Equine and Bovine Hides ($42.3k), Electrical Capacitors ($4.04k), and Wood Ornaments ($2.25k). During the last 5 years the exports of Palestine to China have decreased at an annualized rate of 44.3%, from $933k in 2023 to $49.8k in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from China than Palestine included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Palestine than from China.

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

Comparative Advantage China - Palestine

Flow
Scale

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

During 2023, China had a large net trade with Palestine in the exports of Machines ($67.1M), Metals ($16.9M), and Plastics and Rubbers ($14.3M).

During 2018, Palestine had a large net trade with China in the exports of Animal Hides ($42.3k), Machines ($4.05k), and Wood Products ($2.25k).

Economic Complexity

Competitive Landscape

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

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

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