2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 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

United Kingdom-Palestine Trade: In 2023, United Kingdom exported $5.22M to Palestine. The main products that United Kingdom exported to Palestine were Cars ($2.28M), Chocolate ($849k), and Baked Goods ($443k). Over the past 5 years the exports of United Kingdom to Palestine have decreased at an annualized rate of 30%, from $31.1M in 2018 to $5.22M in 2023.

In 2023, United Kingdom did not export any services to Palestine.

Palestine-United Kingdom Trade: In 2023, Palestine exported $7.04M to United Kingdom. The main products that Palestine exported to United Kingdom were Tropical Fruits ($3.99M), Frozen Fruits and Nuts ($2.01M), and Pure Olive Oil ($683k). Over the past 5 years the exports of Palestine to United Kingdom have increased at an annualized rate of 5.3%,  from $5.44M in 2018 to $7.04M in 2023.

In 2023, Palestine did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $5.22M to Palestine. The main products exported from United Kingdom to Palestine were Cars ($2.28M), Chocolate ($849k), and Baked Goods ($443k). During the last 5 years the exports of United Kingdom to Palestine have decreased at an annualized rate of 30%, from $31.1M in 2018 to $5.22M in 2023.

In 2018, Palestine exported $7.04M to United Kingdom. The main products exported from Palestine to United Kingdom were Tropical Fruits ($3.99M), Frozen Fruits and Nuts ($2.01M), and Pure Olive Oil ($683k). During the last 5 years the exports of Palestine to United Kingdom have increased at an annualized rate of 5.3%, from $5.44M in 2023 to $7.04M in 2018.

Exports from United Kingdom (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from United Kingdom than Palestine included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Palestine (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Palestine

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Palestine in the exports of Transportation ($2.35M), Foodstuffs ($1.41M), and Plastics and Rubbers ($770k).

During 2018, Palestine had a large net trade with United Kingdom in the exports of Vegetable Products ($6.04M), Animal and Vegetable Bi-Products ($748k), and Paper Goods ($82.6k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Palestine (Flag) (2023)

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