2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 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 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 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

Australia-Palestine Trade: In 2022, Australia exported $6.5M to Palestine. The main products that Australia exported to Palestine were Frozen Bovine Meat ($3.05M), Sheep and Goat Meat ($2.02M), and Rice ($514k). Over the past 5 years the exports of Australia to Palestine have increased at an annualized rate of 1.71%, from $5.97M in 2017 to $6.5M in 2022.

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

Palestine-Australia Trade: In 2022, Palestine exported $634k to Australia. The main products that Palestine exported to Australia were Tropical Fruits ($587k), Sauces and Seasonings ($18.1k), and Soap ($16.2k). Over the past 5 years the exports of Palestine to Australia have increased at an annualized rate of 35.2%,  from $140k in 2017 to $634k in 2022.

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

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). 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, Australia exported $6.5M to Palestine. The main products exported from Australia to Palestine were Frozen Bovine Meat ($3.05M), Sheep and Goat Meat ($2.02M), and Rice ($514k). During the last 5 years the exports of Australia to Palestine have increased at an annualized rate of 1.71%, from $5.97M in 2017 to $6.5M in 2022.

In 2017, Palestine exported $634k to Australia. The main products exported from Palestine to Australia were Tropical Fruits ($587k), Sauces and Seasonings ($18.1k), and Soap ($16.2k). During the last 5 years the exports of Palestine to Australia have increased at an annualized rate of 35.2%, from $140k in 2022 to $634k in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Palestine (Flag)

Palestine Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Palestine
Top Destination
Israel$1.3B

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

In 2022, countries that imported more from Australia than Palestine included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

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

Comparative Advantage Australia - Palestine

Flow
Scale

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

During 2022, Australia had a large net trade with Palestine in the exports of Animal Products ($5.09M), Vegetable Products ($660k), and Chemical Products ($236k).

During 2017, Palestine had a large net trade with Australia in the exports of Vegetable Products ($591k), Foodstuffs ($18.1k), and Chemical Products ($16.2k).

Economic Complexity

Competitive Landscape

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

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

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