2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Palestine-Thailand Trade: In 2022, Palestine exported $1.25k to Thailand. The main products that Palestine exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). Over the past 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 49.6%, from $38.3k in 2017 to $1.25k in 2022.

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

Thailand-Palestine Trade: In 2022, Thailand exported $18.4M to Palestine. The main products that Thailand exported to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). Over the past 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%,  from $21.4M in 2017 to $18.4M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $1.25k to Thailand. The main products exported from Palestine to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). During the last 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 49.6%, from $38.3k in 2017 to $1.25k in 2022.

In 2017, Thailand exported $18.4M to Palestine. The main products exported from Thailand to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). During the last 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%, from $21.4M in 2022 to $18.4M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Thailand (Flag)

Palestine Exports

Thailand Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than Palestine included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Palestine - Thailand

Flow
Scale

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

During 2022, Palestine had a large net trade with Thailand in the exports of Transportation ($717), Machines ($269), and Instruments ($265).

During 2017, Thailand had a large net trade with Palestine in the exports of Transportation ($5.88M), Foodstuffs ($4.33M), and Machines ($3.2M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with