2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC 
$3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Palestine-Romania Trade: In 2023, Palestine exported $56.5k to Romania. The main products that Palestine exported to Romania were Cleaning Products ($21.7k), Soap ($16.9k), and Beauty Products ($10.5k). Over the past 5 years the exports of Palestine to Romania have increased at an annualized rate of 34%, from $13.1k in 2018 to $56.5k in 2023.

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

Romania-Palestine Trade: In 2023, Romania exported $3.91M to Palestine. The main products that Romania exported to Palestine were Wood Fiberboard ($1.72M), Cars ($1.61M), and Baked Goods ($361k). Over the past 5 years the exports of Romania to Palestine have decreased at an annualized rate of 19.3%,  from $11.4M in 2018 to $3.91M in 2023.

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

Comparison In 2023,  Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index. That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $56.5k to Romania. The main products exported from Palestine to Romania were Cleaning Products ($21.7k), Soap ($16.9k), and Beauty Products ($10.5k). During the last 5 years the exports of Palestine to Romania have increased at an annualized rate of 34%, from $13.1k in 2018 to $56.5k in 2023.

In 2018, Romania exported $3.91M to Palestine. The main products exported from Romania to Palestine were Wood Fiberboard ($1.72M), Cars ($1.61M), and Baked Goods ($361k). During the last 5 years the exports of Romania to Palestine have decreased at an annualized rate of 19.3%, from $11.4M in 2023 to $3.91M in 2018.

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

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

Latest Data

Trade between Palestine (Flag) and Romania (Flag)

Palestine Exports

Romania Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Romania
Top Destination
Germany$19.9B

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 2023, no countries were registered that imported more from Palestine than from Romania.

In 2023, countries that imported more from Romania than Palestine included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Palestine - Romania

Flow
Scale

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

During 2023, Palestine had a large net trade with Romania in the exports of Chemical Products ($50.7k), Wood Products ($4.57k), and Paper Goods ($891).

During 2018, Romania had a large net trade with Palestine in the exports of Wood Products ($1.75M), Transportation ($1.61M), and Foodstuffs ($390k).

Economic Complexity

Competitive Landscape

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.

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

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