2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 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
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Palestine-Spain Trade: In 2022, Palestine exported $103k to Spain. The main products that Palestine exported to Spain were Scrap Iron ($79.1k), Bells and Other Metal Ornaments ($8.43k), and Ornamental Ceramics ($6.16k). Over the past 5 years the exports of Palestine to Spain have decreased at an annualized rate of 22.3%, from $365k in 2017 to $103k in 2022.

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

Spain-Palestine Trade: In 2022, Spain exported $56.2M to Palestine. The main products that Spain exported to Palestine were Cars ($17.8M), Eggs ($8.29M), and Packaged Medicaments ($4.4M). Over the past 5 years the exports of Spain to Palestine have increased at an annualized rate of 5.27%,  from $43.5M in 2017 to $56.2M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $103k to Spain. The main products exported from Palestine to Spain were Scrap Iron ($79.1k), Bells and Other Metal Ornaments ($8.43k), and Ornamental Ceramics ($6.16k). During the last 5 years the exports of Palestine to Spain have decreased at an annualized rate of 22.3%, from $365k in 2017 to $103k in 2022.

In 2017, Spain exported $56.2M to Palestine. The main products exported from Spain to Palestine were Cars ($17.8M), Eggs ($8.29M), and Packaged Medicaments ($4.4M). During the last 5 years the exports of Spain to Palestine have increased at an annualized rate of 5.27%, from $43.5M in 2022 to $56.2M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Spain (Flag)

Palestine Exports

Spain Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from Palestine than from Spain.

In 2022, countries that imported more from Spain than Palestine included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Palestine - Spain

Flow
Scale

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

During 2022, Palestine had a large net trade with Spain in the exports of Metals ($87.5k), Stone And Glass ($6.16k), and Wood Products ($3.66k).

During 2017, Spain had a large net trade with Palestine in the exports of Transportation ($20.3M), Animal Products ($11.7M), and Chemical Products ($9.43M).

Economic Complexity

Competitive Landscape

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

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

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