2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Palestine-Singapore Trade: In 2022, Palestine exported $15.7k to Singapore. The main products that Palestine exported to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). Over the past 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2017 to $15.7k in 2022.

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

Singapore-Palestine Trade: In 2022, Singapore exported $38.2M to Palestine. The main products that Singapore exported to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). Over the past 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%,  from $8.95M in 2017 to $38.2M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $15.7k to Singapore. The main products exported from Palestine to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). During the last 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2017 to $15.7k in 2022.

In 2017, Singapore exported $38.2M to Palestine. The main products exported from Singapore to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). During the last 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2022 to $38.2M in 2017.

Exports from Palestine (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Palestine (Flag) (2022)

Latest Data

Trade between Palestine (Flag) and Singapore (Flag)

Palestine Exports

Date

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Palestine than Singapore included Jordan ($159M).

In 2022, countries that imported more from Singapore than Palestine included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Palestine (Flag) (2022)

Comparative Advantage Palestine - Singapore

Flow
Scale

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

During 2022, Palestine had a large net trade with Singapore in the exports of Animal and Vegetable Bi-Products ($12.5k), Vegetable Products ($2.52k), and Chemical Products ($499).

During 2017, Singapore had a large net trade with Palestine in the exports of Foodstuffs ($24.8M), Plastics and Rubbers ($7.42M), and Chemical Products ($3.23M).

Economic Complexity

Competitive Landscape

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

Product Space of Palestine (Flag) and Singapore (Flag) (2022)

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