2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
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 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 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

Sweden-Palestine Trade: In 2022, Sweden exported $40.1M to Palestine. The main products that Sweden exported to Palestine were Cars ($13.8M), Delivery Trucks ($9.87M), and Packaged Medicaments ($7.36M). Over the past 5 years the exports of Sweden to Palestine have decreased at an annualized rate of 11%, from $72M in 2017 to $40.1M in 2022.

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

Palestine-Sweden Trade: In 2022, Palestine exported $746k to Sweden. The main products that Palestine exported to Sweden were Tropical Fruits ($439k), Frozen Fruits and Nuts ($143k), and Pure Olive Oil ($127k). Over the past 5 years the exports of Palestine to Sweden have increased at an annualized rate of 10.7%,  from $448k in 2017 to $746k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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, Sweden exported $40.1M to Palestine. The main products exported from Sweden to Palestine were Cars ($13.8M), Delivery Trucks ($9.87M), and Packaged Medicaments ($7.36M). During the last 5 years the exports of Sweden to Palestine have decreased at an annualized rate of 11%, from $72M in 2017 to $40.1M in 2022.

In 2017, Palestine exported $746k to Sweden. The main products exported from Palestine to Sweden were Tropical Fruits ($439k), Frozen Fruits and Nuts ($143k), and Pure Olive Oil ($127k). During the last 5 years the exports of Palestine to Sweden have increased at an annualized rate of 10.7%, from $448k in 2022 to $746k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Palestine
Top Destination
Israel$1.3B

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

In 2022, countries that imported more from Sweden than Palestine included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Palestine

Flow
Scale

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

During 2022, Sweden had a large net trade with Palestine in the exports of Transportation ($24.3M), Chemical Products ($7.57M), and Machines ($4.12M).

During 2017, Palestine had a large net trade with Sweden in the exports of Vegetable Products ($592k), Animal and Vegetable Bi-Products ($134k), and Chemical Products ($8.35k).

Economic Complexity

Competitive Landscape

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

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

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