Thailand (THA) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Thailand-Palestine Trade: In 2022, Thailand exported $18.4M to Palestine. The main products that Thailand exported to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). Over the past 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%, from $21.4M in 2017 to $18.4M in 2022.

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

Palestine-Thailand Trade: In 2022, Palestine exported $1.25k to Thailand. The main products that Palestine exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). Over the past 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 49.6%, from $38.3k in 2017 to $1.25k in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $18.4M to Palestine. The main products exported from Thailand to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). During the last 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%, from $21.4M in 2017 to $18.4M in 2022.

In 2017, Palestine exported $1.25k to Thailand. The main products exported from Palestine to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). During the last 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 49.6%, from $38.3k in 2022 to $1.25k in 2017.

Exports from Thailand () to Palestine () (2022)

Exports from Palestine () to Thailand () (2022)

Latest Data

Trade between Thailand () and Palestine ()

Thailand Exports

Date

Palestine Exports

Date

Dec 2018

Nov 2018

Feb 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Thailand than Palestine included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Palestine than Thailand included Israel ($1.3B).

Difference in imports from Palestine () and Thailand () (2022)

Comparative Advantage Thailand - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Palestine in the exports of Transportation ($5.88M), Foodstuffs ($4.33M), and Machines ($3.2M).

During 2017, Palestine had a large net trade with Thailand in the exports of Transportation ($717), Machines ($269), and Instruments ($265).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Thailand () to Palestine () (2022)

Exports from Palestine () to Thailand () (2022)

Latest Data

Trade between Thailand () and Palestine ()

Thailand Exports

Palestine Exports

Market Competitiveness

Difference in imports from Palestine () and Thailand () (2022)

Comparative Advantage Thailand - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Thailand () and Palestine () (2022)

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