2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 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

India-Palestine Trade: In 2023, India exported $703k to Palestine. The main products that India exported to Palestine were Vaccines, blood, antisera, toxins and cultures ($289k), Oxygen Heterocyclic Compounds ($101k), and Pesticides ($80k). Over the past 5 years the exports of India to Palestine have decreased at an annualized rate of 58.3%, from $55.5M in 2018 to $703k in 2023.

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

Palestine-India Trade: In 2023, Palestine exported $694k to India. The main products that Palestine exported to India were Tropical Fruits ($684k), Packaged Medicaments ($5.69k), and Aluminium Foil ($3.19k). Over the past 5 years the exports of Palestine to India have increased at an annualized rate of 12.1%,  from $392k in 2018 to $694k in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $703k to Palestine. The main products exported from India to Palestine were Vaccines, blood, antisera, toxins and cultures ($289k), Oxygen Heterocyclic Compounds ($101k), and Pesticides ($80k). During the last 5 years the exports of India to Palestine have decreased at an annualized rate of 58.3%, from $55.5M in 2018 to $703k in 2023.

In 2018, Palestine exported $694k to India. The main products exported from Palestine to India were Tropical Fruits ($684k), Packaged Medicaments ($5.69k), and Aluminium Foil ($3.19k). During the last 5 years the exports of Palestine to India have increased at an annualized rate of 12.1%, from $392k in 2023 to $694k in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from India than Palestine included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Palestine

Flow
Scale

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

During 2023, India had a large net trade with Palestine in the exports of Chemical Products ($540k), Plastics and Rubbers ($80.1k), and Instruments ($71.3k).

During 2018, Palestine had a large net trade with India in the exports of Vegetable Products ($684k), Chemical Products ($5.69k), and Metals ($3.19k).

Economic Complexity

Competitive Landscape

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

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

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