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2023
Flag → Flag
Exports $2.04MRnk 11 / 76
2023
Flag → Flag
Top Product $1.68MTropical Fruits
2023
Flag → Flag
Exports $49.2MRnk 144 / 219
2023
Flag → Flag
Top Product $11.4MChocolate
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC $3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Palestine-Italy Trade: In 2023, Palestine exported $2.04M to Italy. The main products that Palestine exported to Italy were Tropical Fruits ($1.68M), Pasta ($112k), and Scrap Lead ($96.3k). Over the past 5 years the exports of Palestine to Italy have increased at an annualized rate of 20%, from $822k in 2018 to $2.04M in 2023.

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

Italy-Palestine Trade: In 2023, Italy exported $49.2M to Palestine. The main products that Italy exported to Palestine were Chocolate ($11.4M), Baked Goods ($10.9M), and Delivery Trucks ($3.08M). Over the past 5 years the exports of Italy to Palestine have decreased at an annualized rate of 9.83%,  from $82.5M in 2018 to $49.2M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $2.04M to Italy. The main products exported from Palestine to Italy were Tropical Fruits ($1.68M), Pasta ($112k), and Scrap Lead ($96.3k). During the last 5 years the exports of Palestine to Italy have increased at an annualized rate of 20%, from $822k in 2018 to $2.04M in 2023.

In 2018, Italy exported $49.2M to Palestine. The main products exported from Italy to Palestine were Chocolate ($11.4M), Baked Goods ($10.9M), and Delivery Trucks ($3.08M). During the last 5 years the exports of Italy to Palestine have decreased at an annualized rate of 9.83%, from $82.5M in 2023 to $49.2M in 2018.

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

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

Latest Data

Trade between Palestine (Flag) and Italy (Flag)

Palestine Exports

Italy Exports

Market Competitiveness

Color
Palestine
Top DestinationJordan$96.6M
Italy
Top DestinationGermany$71.4B

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

In 2023, no countries were registered that imported more from Palestine than from Italy.

In 2023, countries that imported more from Italy than Palestine included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Palestine - Italy

Flow
Scale

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

During 2023, Palestine had a large net trade with Italy in the exports of N/A.

During 2018, Italy had a large net trade with Palestine in the exports of Foodstuffs ($23M), Machines ($9.44M), and Transportation ($4.36M).

Economic Complexity

Competitive Landscape

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

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

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