Flag Saudi Arabia / Palestine Flag

2019
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Exports
: $20.6M, Rnk 93 / 179

2019
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Top Product
: $6.94M, Pasta

2019
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Exports
: $13.1M, Rnk 3 / 66

2019
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Top Product
: $6.59M, Pure Olive Oil

2019
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Economic Complexity (ECI)
: ECI 1, Rnk 33 / 157

2019
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Economic Complexity (ECI)
: ECI 0.28, Rnk 58 / 157

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 187

2019
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GDP PC 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 187

Saudi Arabia-Palestine: In 2019, Saudi Arabia exported $20.6M to Palestine. The main products that Saudi Arabia exported to Palestine are Pasta ($6.94M), Float Glass ($2.97M), and Flavored Water ($2.94M). During the last 19 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 29.4%, from $155k in 2000 to $20.6M in 2019.

In 2019, Saudi Arabia did not exported services to Palestine.

Palestine-Saudi Arabia: In 2019, Palestine exported $13.1M to Saudi Arabia . The main products that Palestine exported to Saudi Arabia were Pure Olive Oil ($6.59M), Building Stone ($2.27M), and Spices ($1.17M). During the last 19 years the exports of Palestine to Saudi Arabia have increased at an annualized rate of 13.1%, from $1.27M in 2000 to $13.1M in 2019.

In 2019, Palestine did not exported services to Saudi Arabia.

Comparison: In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 1), and 26 in total exports ($228B). That same year, Palestine ranked 58 in the Economic Complexity Index (ECI 0.28), and 185 in total exports ($143M).

Bilateral Trade by Products

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Depth
Value

In 2019, Saudi Arabia exported $20.6M to Palestine. The main products exported from Saudi Arabia to Palestine were Pasta ($6.94M), Float Glass ($2.97M), and Flavored Water ($2.94M). During the last 19 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 29.4%, from $155k in 2000 to $20.6M in 2019.

In 2019, Palestine exported $13.1M to Saudi Arabia. The main products exported from Palestine to Saudi Arabia were Pure Olive Oil ($6.59M), Building Stone ($2.27M), and Spices ($1.17M). During the last 19 years the exports of Palestine to Saudi Arabia have increased at an annualized rate of 13.1%, from $1.27M in 2000 to $13.1M in 2019.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

Palestine
Top Destination
: Jordan, $45.1M

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

In 2019, countries that imported more from Saudi Arabia than Palestine were China ($45.8B), India ($25.1B), and Japan ($24.5B).

In 2019, countries that imported more from Palestine than Saudi Arabia were Qatar ($2.76M) and Bermuda ($11.8k).

Comparative Advantage Saudi Arabia - Palestine

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Depth

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

During 2019, Saudi Arabia had a large net trade with Palestine in the exports of Foodstuffs ($12.3M), Stone And Glass ($2.98M), and Animal Products ($1.81M).

During 2019, Palestine had a large net trade with Saudi Arabia in the exports of Animal and Vegetable Bi-Products ($6.59M), Stone And Glass ($2.27M), and Vegetable Products ($1.48M).

Economic Complexity

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Competitive Landscape

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