2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 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 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 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

Spain-Palestine Trade: In 2023, Spain exported $24.6M to Palestine. The main products that Spain exported to Palestine were Cars ($20.5M), Malt Extract ($893k), and Halogenated Hydrocarbons ($468k). Over the past 5 years the exports of Spain to Palestine have decreased at an annualized rate of 15%, from $55.6M in 2018 to $24.6M in 2023.

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

Palestine-Spain Trade: In 2023, Palestine exported $347k to Spain. The main products that Palestine exported to Spain were Tropical Fruits ($307k), Seats ($18.9k), and Wood Ornaments ($9.68k). Over the past 5 years the exports of Palestine to Spain have increased at an annualized rate of 11.8%,  from $177k in 2018 to $347k in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). 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, Spain exported $24.6M to Palestine. The main products exported from Spain to Palestine were Cars ($20.5M), Malt Extract ($893k), and Halogenated Hydrocarbons ($468k). During the last 5 years the exports of Spain to Palestine have decreased at an annualized rate of 15%, from $55.6M in 2018 to $24.6M in 2023.

In 2018, Palestine exported $347k to Spain. The main products exported from Palestine to Spain were Tropical Fruits ($307k), Seats ($18.9k), and Wood Ornaments ($9.68k). During the last 5 years the exports of Palestine to Spain have increased at an annualized rate of 11.8%, from $177k in 2023 to $347k in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Spain than Palestine included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Palestine

Flow
Scale

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

During 2023, Spain had a large net trade with Palestine in the exports of Transportation ($20.9M), Foodstuffs ($1.26M), and Chemical Products ($619k).

During 2018, Palestine had a large net trade with Spain in the exports of Vegetable Products ($307k), Miscellaneous ($18.9k), and Wood Products ($9.68k).

Economic Complexity

Competitive Landscape

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

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

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