2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 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 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 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

Austria-Palestine Trade: In 2023, Austria exported $3.95M to Palestine. The main products that Austria exported to Palestine were Cars ($1.05M), Laboratory Ceramic Ware ($540k), and Orthopedic Appliances ($422k). Over the past 5 years the exports of Austria to Palestine have decreased at an annualized rate of 12.4%, from $7.63M in 2018 to $3.95M in 2023.

In 2023, Austria did not export any services to Palestine.

Palestine-Austria Trade: In 2023, Palestine exported $533k to Austria. The main products that Palestine exported to Austria were Tropical Fruits ($165k), Other Processed Fruits and Nuts ($157k), and Pure Olive Oil ($105k). Over the past 5 years the exports of Palestine to Austria have decreased at an annualized rate of 0.78%,  from $554k in 2018 to $533k in 2023.

In 2023, Palestine did not export any services to Austria.

Comparison In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56),  and 31 in total exports ($204B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $3.95M to Palestine. The main products exported from Austria to Palestine were Cars ($1.05M), Laboratory Ceramic Ware ($540k), and Orthopedic Appliances ($422k). During the last 5 years the exports of Austria to Palestine have decreased at an annualized rate of 12.4%, from $7.63M in 2018 to $3.95M in 2023.

In 2018, Palestine exported $533k to Austria. The main products exported from Palestine to Austria were Tropical Fruits ($165k), Other Processed Fruits and Nuts ($157k), and Pure Olive Oil ($105k). During the last 5 years the exports of Palestine to Austria have decreased at an annualized rate of 0.78%, from $554k in 2023 to $533k in 2018.

Exports from Austria (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Palestine (Flag)

Austria Exports

Palestine Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Austria than Palestine included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Palestine than Austria included Jordan ($96.6M).

Difference in imports from Palestine (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Palestine

Flow
Scale

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

During 2023, Austria had a large net trade with Palestine in the exports of Transportation ($1.05M), Instruments ($796k), and Machines ($559k).

During 2018, Palestine had a large net trade with Austria in the exports of Vegetable Products ($196k), Foodstuffs ($182k), and Animal and Vegetable Bi-Products ($105k).

Economic Complexity

Competitive Landscape

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

Product Space of Austria (Flag) and Palestine (Flag) (2023)

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