2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC 
$3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC
$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195

About

Palestine-Armenia Trade: In 2023, Palestine exported $245k to Armenia. The main products that Palestine exported to Armenia were Packaged Medicaments ($214k), Leather Footwear ($24.4k), and Tropical Fruits ($6.51k). Over the past 5 years the exports of Palestine to Armenia have increased at an annualized rate of 20.3%, from $97.4k in 2018 to $245k in 2023.

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

Armenia-Palestine In N/A, Armenia did not export any products to Palestine.

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

Comparison In 2023,  Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $245k to Armenia. The main products exported from Palestine to Armenia were Packaged Medicaments ($214k), Leather Footwear ($24.4k), and Tropical Fruits ($6.51k). During the last 5 years the exports of Palestine to Armenia have increased at an annualized rate of 20.3%, from $97.4k in 2018 to $245k in 2023.

Armenia does not register exports to Palestine.

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

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

Latest Data

Trade between Palestine (Flag) and Armenia (Flag)

Armenia Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Armenia
Top Destination
Russia$3.38B

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

In 2023, countries that imported more from Palestine than Armenia included Jordan ($96.6M), Turkey ($22.1M), and Saudi Arabia ($8.53M).

In 2023, countries that imported more from Armenia than Palestine included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

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

Comparative Advantage Palestine - Armenia

Flow
Scale

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

During 2023, Palestine had a large net trade with Armenia in the exports of Chemical Products ($214k), Footwear and Headwear ($24.4k), and Vegetable Products ($6.51k).

Economic Complexity

Competitive Landscape

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

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

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