Palestine (PSE) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Palestine-Romania Trade: In 2022, Palestine exported $212k to Romania. The main products that Palestine exported to Romania were Broadcasting Equipment ($133k), Soap ($67k), and Beauty Products ($11.2k). Over the past 5 years the exports of Palestine to Romania have increased at an annualized rate of 61.3%, from $19.5k in 2017 to $212k in 2022.

In 2022, Palestine did not export any services to Romania.

Romania-Palestine Trade: In 2022, Romania exported $17.6M to Palestine. The main products that Romania exported to Palestine were Hair Products ($4.94M), Wood Fiberboard ($2.66M), and Baked Goods ($1.74M). Over the past 5 years the exports of Romania to Palestine have increased at an annualized rate of 19.2%, from $7.32M in 2017 to $17.6M in 2022.

In 2022, Romania did not export any services to Palestine.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $212k to Romania. The main products exported from Palestine to Romania were Broadcasting Equipment ($133k), Soap ($67k), and Beauty Products ($11.2k). During the last 5 years the exports of Palestine to Romania have increased at an annualized rate of 61.3%, from $19.5k in 2017 to $212k in 2022.

In 2017, Romania exported $17.6M to Palestine. The main products exported from Romania to Palestine were Hair Products ($4.94M), Wood Fiberboard ($2.66M), and Baked Goods ($1.74M). During the last 5 years the exports of Romania to Palestine have increased at an annualized rate of 19.2%, from $7.32M in 2022 to $17.6M in 2017.

Exports from Palestine () to Romania () (2022)

Exports from Romania () to Palestine () (2022)

Latest Data

Trade between Palestine () and Romania ()

Palestine Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Palestine than Romania included Israel ($1.3B).

In 2022, countries that imported more from Romania than Palestine included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania () and Palestine () (2022)

Comparative Advantage Palestine - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Romania in the exports of Machines ($133k), Chemical Products ($78.2k), and Stone And Glass ($1.11k).

During 2017, Romania had a large net trade with Palestine in the exports of Chemical Products ($5.29M), Wood Products ($3.77M), and Foodstuffs ($2.58M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Romania () (2022)

Exports from Romania () to Palestine () (2022)

Latest Data

Trade between Palestine () and Romania ()

Palestine Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Palestine () (2022)

Comparative Advantage Palestine - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Romania () (2022)

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