2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Palestine-Armenia Trade: In 2022, Palestine exported $161k to Armenia. The main products that Palestine exported to Armenia were Packaged Medicaments ($134k), Textile Footwear ($20.7k), and Tropical Fruits ($5.86k). Over the past 5 years the exports of Palestine to Armenia have decreased at an annualized rate of 5.54%, from $214k in 2017 to $161k in 2022.

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

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

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $161k to Armenia. The main products exported from Palestine to Armenia were Packaged Medicaments ($134k), Textile Footwear ($20.7k), and Tropical Fruits ($5.86k). During the last 5 years the exports of Palestine to Armenia have decreased at an annualized rate of 5.54%, from $214k in 2017 to $161k in 2022.

Armenia does not register exports to Palestine. The main products exported from Armenia to Palestine were Chocolate ($74.4k) and Other Processed Fruits and Nuts ($285).

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

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

Latest Data

Trade between Palestine (Flag) and Armenia (Flag)

Armenia Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Armenia
Top Destination
Russia$2.36B

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 2022, countries that imported more from Palestine than Armenia included Israel ($1.3B), Jordan ($159M), and Saudi Arabia ($13.5M).

In 2022, countries that imported more from Armenia than Palestine included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

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 2022, Palestine had a large net trade with Armenia in the exports of Chemical Products ($134k), Footwear and Headwear ($20.7k), and Vegetable Products ($5.86k).

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) (2022)

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