Flag Palestine / Israel Flag

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

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

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

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

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

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

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

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

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

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

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

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.

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.

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

Bilateral Trade by Products

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Depth
Value

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.

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.

Market Competitiveness

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Measure

Palestine
Top Destination
: Israel, $958M

Israel
Top Destination
: United States, $19B

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

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

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

Comparative Advantage Palestine - Israel

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Depth

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

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

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

Tariff Section

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In 2018, Palestine and Israel don't have data regarding the tariffs applied to the products exported, given a no tariff policy, or don't having any tariff history reported whatsoever.

To explore the different product levels and year available with data, visit our Tariff Explorer Section.

Explore Tariff Data

Trade Forecasts

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This section shows a forecast for total trade between Palestine and Israel. 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 Palestine has comparative advantage over Israel. Similarly, the more red a dot/product is, the more Israel has comparative advantage over Palestine.