Flag Israel / Palestine Flag

Exports Flag β†’ Flag  (2018): $3.03B, Rnk 3 / 152

Top Product Flag β†’ Flag (2018): $542M, Refined Petroleum

Exports Flag β†’ Flag (2018): $958M, Rnk 1 / 76

Top Product Flag β†’ Flag (2018): $146M, Building Stone

Economic Complexity of Flag (2018): ECI 1.28, Rnk 19 / 137

GDP Flag (2018): $371B, CURRENT US$
Rnk 31 / 196

GDP GROWTH Flag (2008-2018): 71.5%, CURRENT US$
Rnk 53 / 196

GDP Flag (2018): $14.6B, CURRENT US$
Rnk 124 / 196

GDP GROWTH Flag (2008-2018): 119%, CURRENT US$
Rnk 23 / 196

GDP PC Flag (2018): $41,715, CURRENT US$
Rnk 25 / 196

GDP PC GROWTH Flag (2008-2018): 41.1%, CURRENT US$
Rnk 59 / 196

GDP PC Flag (2018): $3,199, CURRENT US$
Rnk 135 / 196

GDP PC GROWTH Flag (2008-2018): 72.2%, CURRENT US$
Rnk 29 / 196

Israel-Palestine: In 2018, Israel exported $3.03B to Palestine. The main products exported from Israel to Palestine were Refined Petroleum ($542M), Animal Food ($242M), and Cement ($132M). During the last 11 years the exports of Israel to Palestine have increased at an annualized rate of 3.06%, from $2.17B in 2007 to $3.03B in 2018.

Palestine-Israel: In 2018, Palestine exported $958M to Israel. The main products exported from Palestine to Israel were Building Stone ($146M), Other Furniture ($56.8M), and Plastic Lids ($51.7M). During the last 11 years the exports of Palestine to Israel have increased at an annualized rate of 7.04%, from $453M in 2007 to $958M in 2018.

Comparison: In 2018, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 51 in total exports ($59B). That same year, Palestine ranked 145 in total exports ($1.2B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Israel was ranked 25 with a GDP Per Capita of $41,715, and Palestine was ranked 135 with a GDP Per Capita of $3,199.

Bilateral Trade by Products

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Depth
Value

In 2018, Israel exported $3.03B to Palestine. The main products exported from Israel to Palestine were Refined Petroleum ($542M), Animal Food ($242M), and Cement ($132M). During the last 11 years the exports of Israel to Palestine have increased at an annualized rate of 3.06%, from $2.17B in 2007 to $3.03B in 2018.

In 2018, Palestine exported $958M to Israel. The main products exported from Palestine to Israel were Building Stone ($146M), Other Furniture ($56.8M), and Plastic Lids ($51.7M). During the last 11 years the exports of Palestine to Israel have increased at an annualized rate of 7.04%, from $453M in 2007 to $958M in 2018.

Market Competitiveness

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Measure

Israel
Top Destination
: United States, $19B

Palestine
Top Destination
: Israel, $958M

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

In 2018, countries that imported more from Israel than Palestine were United States ($19B), China ($5.15B), and United Kingdom ($2.19B).

In 2018, countries that imported more from Palestine than Israel were Jordan ($106M), United Arab Emirates ($26.6M), and Saudi Arabia ($22.6M).

Comparative Advantage Israel - Palestine

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Depth

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

During 2018, Israel had a large net trade with Palestine in the exports of Mineral Products ($851M), Foodstuffs ($555M), and Vegetable Products ($344M).

During 2018, Palestine had a large net trade with Israel in the exports of Stone And Glass ($181M), Metals ($152M), and Miscellaneous ($117M).

Trade Forecasts

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This section shows a forecast for total trade between Israel and Palestine. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Israel has comparative advantage over Palestine. Similarly, the more red a dot/product is, the more Palestine has comparative advantage over Israel.