2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$19.1BCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$3,789CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
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About

Singapore-Palestine In 2022, Singapore exported $38.2M to Palestine. The main products that Singapore exported to Palestine are Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). During the last 15 years the exports of Singapore to Palestine have increased at an annualized rate of 20.5%, from $2.32M in 2007 to $38.2M in 2022.

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

Palestine-Singapore 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). During the last 15 years the exports of Palestine to Singapore have decreased at an annualized rate of 1.09%, from $18.5k in 2007 to $15.7k in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53),  and 21 in total exports ($379B). 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, 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 15 years the exports of Singapore to Palestine have increased at an annualized rate of 20.5%, from $2.32M in 2007 to $38.2M in 2022.

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 11 years the exports of Palestine to Singapore have decreased at an annualized rate of 1.09%, from $18.5k in 2011 to $15.7k in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Palestine (Flag)

Palestine Exports

Date

Market Competitiveness

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

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

In 2021, countries that imported more from Singapore than Palestine were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Palestine than Singapore were Jordan ($159M).

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

Comparative Advantage Singapore - Palestine

Flow
Scale

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

During 2022, 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).

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).

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 Singapore has comparative advantage over Palestine. Similarly, the more yellow a dot/product is, the more Palestine has comparative advantage over Singapore.

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

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