2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Palestine-Venezuela Trade: In 2014, Palestine exported $364k to Venezuela. The main products that Palestine exported to Venezuela were N/A. Over the past 5 years the exports of Palestine to Venezuela have increased at an annualized rate of 162%, from $2.95k in 2009 to $364k in 2014.

In 2014, Palestine did not export any services to Venezuela.

Venezuela-Palestine In N/A, Venezuela did not export any products to Palestine.

In 2014, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2014, Palestine exported $364k to Venezuela. There were not main exports from Palestine to Venezuela in 2014. During the last 5 years the exports of Palestine to Venezuela have increased at an annualized rate of 162%, from $2.95k in 2009 to $364k in 2014.

Venezuela does not register exports to Palestine. The main products exported from Venezuela to Palestine were Wood Charcoal ($109k), Other Cloth Articles ($6.7k), and Brochures ($13).

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

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

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Palestine than Venezuela included Israel ($1.3B), Jordan ($159M), and Saudi Arabia ($13.5M).

In 2022, countries that imported more from Venezuela than Palestine included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Palestine - Venezuela

Flow
Scale

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

During 2014, Palestine had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Palestine (Flag) and Venezuela (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