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2022
Flag → Flag
Exports $93.6MRnk 1 / 0
2022
Flag → Flag
Exports $2.31MRnk 121 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

South Korea-Palestine Trade: In 2022, South Korea exported $93.6M to Palestine. The main products that South Korea exported to Palestine were N/A. Over the past 5 years the exports of South Korea to Palestine have decreased at an annualized rate of 5.61%, from $125M in 2017 to $93.6M in 2022.

In 2022, South Korea did not export any services to Palestine.

Palestine-South Korea Trade: In 2022, Palestine exported $2.31M to South Korea. The main products that Palestine exported to South Korea were N/A. Over the past 5 years the exports of Palestine to South Korea have increased at an annualized rate of 2.13%,  from $2.08M in 2017 to $2.31M in 2022.

In 2022, Palestine did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $91k and imported $113k from Palestine, resulting in a negative trade balance of $22k. Between December 2023 and December 2024 the exports of South Korea have decreased by $-49k (-35%) from $140k to $91k, while imports decreased by $-139k (-55.2%) from $252k to $113k.

Trade In December 2024, the top exports of South Korea to Palestine were Cars, tractors, trucks & parts thereof. ($1.55M), Optical, photo, & film equipment; medical... ($6k), and Stone, plaster, cement, asbestos, mica. ($0). In December 2024 the top imports of South Korea from Palestine were Stone, plaster, cement, asbestos, mica. ($30k), Cars, tractors, trucks & parts thereof. ($0), and Optical, photo, & film equipment; medical... ($0).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Palestine was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. ($-3.78M or -70.9%). In December 2024, the decrease in South Korea's year-by-year imports  from Palestine was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-49k(-35%)
IMPORT GROWTH (December 2023 - December 2024)$-139k(-55.2%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Palestine and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Palestine and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $93.6M to Palestine. There were not main exports from South Korea to Palestine in 2022. During the last 5 years the exports of South Korea to Palestine have decreased at an annualized rate of 5.61%, from $125M in 2017 to $93.6M in 2022.

In 2017, Palestine exported $2.31M to South Korea. There were not main exports from Palestine to South Korea in 2017. During the last 5 years the exports of Palestine to South Korea have increased at an annualized rate of 2.13%, from $2.08M in 2022 to $2.31M in 2017.

Exports from South Korea (Flag) to Palestine (Flag) (2022)

Exports from Palestine (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationN/AN/A
Palestine
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Palestine (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Palestine

Flow
Scale

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

During 2022, South Korea had a large net trade with Palestine in the exports of .

During 2017, Palestine had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Palestine (Flag) (2022)

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