2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 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
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Palestine-Australia Trade: In 2022, Palestine exported $634k to Australia. The main products that Palestine exported to Australia were Tropical Fruits ($587k), Sauces and Seasonings ($18.1k), and Soap ($16.2k). Over the past 5 years the exports of Palestine to Australia have increased at an annualized rate of 35.2%, from $140k in 2017 to $634k in 2022.

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

Australia-Palestine Trade: In 2022, Australia exported $6.5M to Palestine. The main products that Australia exported to Palestine were Frozen Bovine Meat ($3.05M), Sheep and Goat Meat ($2.02M), and Rice ($514k). Over the past 5 years the exports of Australia to Palestine have increased at an annualized rate of 1.71%,  from $5.97M in 2017 to $6.5M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $634k to Australia. The main products exported from Palestine to Australia were Tropical Fruits ($587k), Sauces and Seasonings ($18.1k), and Soap ($16.2k). During the last 5 years the exports of Palestine to Australia have increased at an annualized rate of 35.2%, from $140k in 2017 to $634k in 2022.

In 2017, Australia exported $6.5M to Palestine. The main products exported from Australia to Palestine were Frozen Bovine Meat ($3.05M), Sheep and Goat Meat ($2.02M), and Rice ($514k). During the last 5 years the exports of Australia to Palestine have increased at an annualized rate of 1.71%, from $5.97M in 2022 to $6.5M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Australia (Flag)

Palestine Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Palestine than Australia included Israel ($1.3B).

In 2022, countries that imported more from Australia than Palestine included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Palestine - Australia

Flow
Scale

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

During 2022, Palestine had a large net trade with Australia in the exports of Vegetable Products ($591k), Foodstuffs ($18.1k), and Chemical Products ($16.2k).

During 2017, Australia had a large net trade with Palestine in the exports of Animal Products ($5.09M), Vegetable Products ($660k), and Chemical Products ($236k).

Economic Complexity

Competitive Landscape

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

Product Space of Palestine (Flag) and Australia (Flag) (2022)

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