2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 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

Oman-Palestine Trade: In 2023, Oman exported $10.6M to Palestine. The main products that Oman exported to Palestine were Concentrated Milk ($6.73M), Building Stone ($3.1M), and Sauces and Seasonings ($487k). Over the past 5 years the exports of Oman to Palestine have increased at an annualized rate of 22.4%, from $3.85M in 2018 to $10.6M in 2023.

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

Palestine-Oman Trade: In 2023, Palestine exported $146k to Oman. The main products that Palestine exported to Oman were Pure Olive Oil ($77.3k), Industrial Printers ($25.6k), and Textiles for technical uses ($11.6k). Over the past 5 years the exports of Palestine to Oman have decreased at an annualized rate of 34.6%,  from $1.21M in 2018 to $146k in 2023.

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

Comparison In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32),  and 48 in total exports ($70.5B). 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, Oman exported $10.6M to Palestine. The main products exported from Oman to Palestine were Concentrated Milk ($6.73M), Building Stone ($3.1M), and Sauces and Seasonings ($487k). During the last 5 years the exports of Oman to Palestine have increased at an annualized rate of 22.4%, from $3.85M in 2018 to $10.6M in 2023.

In 2018, Palestine exported $146k to Oman. The main products exported from Palestine to Oman were Pure Olive Oil ($77.3k), Industrial Printers ($25.6k), and Textiles for technical uses ($11.6k). During the last 5 years the exports of Palestine to Oman have decreased at an annualized rate of 34.6%, from $1.21M in 2023 to $146k in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Palestine (Flag)

Oman Exports

Palestine Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Oman than Palestine included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Palestine than Oman included Antigua and Barbuda ($1.8k).

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

Comparative Advantage Oman - Palestine

Flow
Scale

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

During 2023, Oman had a large net trade with Palestine in the exports of Animal Products ($6.73M), Stone And Glass ($3.11M), and Foodstuffs ($590k).

During 2018, Palestine had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($77.3k), Machines ($33.9k), and Textiles ($12.5k).

Economic Complexity

Competitive Landscape

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

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

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