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2022
Flag → Flag
Exports $38.2MRnk 107 / 215
2022
Flag → Flag
Top Product $24.5MMalt Extract
2022
Flag → Flag
Exports $15.7kRnk 69 / 98
2022
Flag → Flag
Top Product $12.5kPure Olive Oil
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Singapore-Palestine Trade: In 2022, Singapore exported $38.2M to Palestine. The main products that Singapore exported to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). Over the past 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2017 to $38.2M in 2022.

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

Palestine-Singapore Trade: 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). Over the past 5 years the exports of Palestine to Singapore have increased at an annualized rate of 8.42%,  from $9.65k in 2017 to $15.7k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  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 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2017 to $38.2M in 2022.

In 2017, 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 5 years the exports of Palestine to Singapore have increased at an annualized rate of 8.42%, from $9.65k in 2022 to $15.7k in 2017.

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 DestinationHong Kong$51.6B
Palestine
Top DestinationIsrael$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 2022, countries that imported more from Singapore than Palestine included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Palestine than Singapore included 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 2017, 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 shows the product space at the HS4 level with the flags of Singapore and Palestine. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine indicates it has a comparative advantage over Singapore.

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

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