Flag United States / Palestine Flag

Exports FlagFlag  (2018): $53.4M, Rnk 162 / 215

Top Product FlagFlag (2018): $8.55M, Cars

Exports FlagFlag (2018): $14.1M, Rnk 5 / 76

Top Product FlagFlag (2018): $6.79M, Pure Olive Oil

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $14.6B, CURRENT US$
Rnk 124 / 196

GDP GROWTH Flag (2008-2018): 119%, CURRENT US$
Rnk 23 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $3,199, CURRENT US$
Rnk 135 / 196

GDP PC GROWTH Flag (2008-2018): 72.2%, CURRENT US$
Rnk 29 / 196

United States-Palestine: In 2018, United States exported $53.4M to Palestine. The main products exported from United States to Palestine were Cars ($8.55M), Ethylene Polymers ($3.99M), and X-Ray Equipment ($2.76M). During the last 18 years the exports of United States to Palestine have increased at an annualized rate of 10.4%, from $9.07M in 2000 to $53.4M in 2018.

Palestine-United States: In 2018, Palestine exported $14.1M to United States. The main products exported from Palestine to United States were Pure Olive Oil ($6.79M), Other Nuts ($1.21M), and Perfume Plants ($1.18M). During the last 18 years the exports of Palestine to United States have increased at an annualized rate of 5.46%, from $5.43M in 2000 to $14.1M in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Palestine ranked 145 in total exports ($1.2B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Palestine was ranked 135 with a GDP Per Capita of $3,199.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $53.4M to Palestine. The main products exported from United States to Palestine were Cars ($8.55M), Ethylene Polymers ($3.99M), and X-Ray Equipment ($2.76M). During the last 18 years the exports of United States to Palestine have increased at an annualized rate of 10.4%, from $9.07M in 2000 to $53.4M in 2018.

In 2018, Palestine exported $14.1M to United States. The main products exported from Palestine to United States were Pure Olive Oil ($6.79M), Other Nuts ($1.21M), and Perfume Plants ($1.18M). During the last 18 years the exports of Palestine to United States have increased at an annualized rate of 5.46%, from $5.43M in 2000 to $14.1M in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Palestine
Top Destination
: Israel, $958M

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

In 2018, countries that imported more from United States than Palestine were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, no countries were registered that imported more from Palestine than from United States.

Comparative Advantage United States - Palestine

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Depth

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

During 2018, United States had a large net trade with Palestine in the exports of Transportation ($13.8M), Machines ($9.4M), and Plastics and Rubbers ($5.94M).

During 2018, Palestine had a large net trade with United States in the exports of Animal and Vegetable Bi-Products ($6.82M), Vegetable Products ($4.39M), and Foodstuffs ($912k).

Trade Forecasts

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This section shows a forecast for total trade between United States and Palestine. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 United States has comparative advantage over Palestine. Similarly, the more red a dot/product is, the more Palestine has comparative advantage over United States.