2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

United States-Palestine Trade: In 2023, United States exported $1.99M to Palestine. The main products that United States exported to Palestine were Packaged Medicaments ($625k), Medical Instruments ($320k), and Shaving Products ($259k). Over the past 5 years the exports of United States to Palestine have decreased at an annualized rate of 49.3%, from $59.7M in 2018 to $1.99M in 2023.

In 2023, United States did not export any services to Palestine.

Palestine-United States Trade: In 2023, Palestine exported $6.54M to United States. The main products that Palestine exported to United States were Other Vegetables ($2.25M), Pure Olive Oil ($930k), and Dried Vegetables ($818k). Over the past 5 years the exports of Palestine to United States have decreased at an annualized rate of 2.17%,  from $7.3M in 2018 to $6.54M in 2023.

In 2023, Palestine did not export any services to United States.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Chevron (1) were at the forefront of exporting goods from Palestine to the United States. Conversely, Chevron Panama Fuels Limited (1) were notable for importing products to Palestine from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $1.99M to Palestine. The main products exported from United States to Palestine were Packaged Medicaments ($625k), Medical Instruments ($320k), and Shaving Products ($259k). During the last 5 years the exports of United States to Palestine have decreased at an annualized rate of 49.3%, from $59.7M in 2018 to $1.99M in 2023.

In 2018, Palestine exported $6.54M to United States. The main products exported from Palestine to United States were Other Vegetables ($2.25M), Pure Olive Oil ($930k), and Dried Vegetables ($818k). During the last 5 years the exports of Palestine to United States have decreased at an annualized rate of 2.17%, from $7.3M in 2023 to $6.54M in 2018.

Exports from United States (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
Palestine
Top Destination
Jordan$96.6M

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 2023, countries that imported more from United States than Palestine included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Palestine than from United States.

Difference in imports from Palestine (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Palestine

Flow
Scale

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

During 2023, United States had a large net trade with Palestine in the exports of Chemical Products ($971k), Instruments ($490k), and Vegetable Products ($200k).

During 2018, Palestine had a large net trade with United States in the exports of Vegetable Products ($3.84M), Animal and Vegetable Bi-Products ($937k), and Foodstuffs ($727k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Palestine (Flag) (2023)

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