2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$19.1BCURRENT US$
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2012-2022
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GDP GROWTH
56.5%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$3,789CURRENT US$
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2012-2022
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GDP PC GROWTH
23.5%CURRENT US$
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About

Russia-Palestine In 2022, Russia exported $61.1M to Palestine. The main products that Russia exported to Palestine are Wheat ($14.3M), Packaged Medicaments ($13.5M), and Raw Aluminium ($6.22M). During the last 16 years the exports of Russia to Palestine have increased at an annualized rate of 55.2%, from $53.8k in 2006 to $61.1M in 2022.

In 2020, Russia exported services to Palestine worth $192k, with Transportation ($78k), Other business services ($65k), and Financial services ($30k) being the largest in terms of value.

Palestine-Russia In 2022, Palestine exported $197k to Russia. The main products that Palestine exported to Russia were Tropical Fruits ($151k) and Building Stone ($45.8k). During the last 16 years the exports of Palestine to Russia have increased at an annualized rate of 8.59%, from $52.6k in 2006 to $197k in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). That same year, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $61.1M to Palestine. The main products exported from Russia to Palestine were Wheat ($14.3M), Packaged Medicaments ($13.5M), and Raw Aluminium ($6.22M). During the last 16 years the exports of Russia to Palestine have increased at an annualized rate of 55.2%, from $53.8k in 2006 to $61.1M in 2022.

In 2022, Palestine exported $197k to Russia. The main products exported from Palestine to Russia were Tropical Fruits ($151k) and Building Stone ($45.8k). During the last 22 years the exports of Palestine to Russia have increased at an annualized rate of 8.59%, from $52.6k in 2000 to $197k in 2022.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Palestine
Top Destination
Israel$1.3B

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

In 2021, countries that imported more from Russia than Palestine were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Palestine than Russia were Israel ($1.3B), Jordan ($159M), and Saudi Arabia ($13.5M).

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

Comparative Advantage Russia - Palestine

Flow
Scale

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

During 2022, Russia had a large net trade with Palestine in the exports of Vegetable Products ($18M), Metals ($17.3M), and Chemical Products ($14.1M).

During 2022, Palestine had a large net trade with Russia in the exports of Vegetable Products ($151k) and Stone And Glass ($45.8k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Palestine worth $192k, with Transportation ($78k), Other business services ($65k), and Financial services ($30k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Palestine (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Palestine. Similarly, the more yellow a dot/product is, the more Palestine has comparative advantage over Russia.

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

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