2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 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
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Palestine-Malaysia Trade: In 2023, Palestine exported $1.62M to Malaysia. The main products that Palestine exported to Malaysia were Tropical Fruits ($1.36M), Copper Foil ($224k), and Poultry Meat ($21.9k). Over the past 5 years the exports of Palestine to Malaysia have increased at an annualized rate of 3.8%, from $1.34M in 2018 to $1.62M in 2023.

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

Malaysia-Palestine Trade: In 2023, Malaysia exported $2.95M to Palestine. The main products that Malaysia exported to Palestine were Other Vegetable Oils ($960k), Margarine ($731k), and Palm Oil ($526k). Over the past 5 years the exports of Malaysia to Palestine have decreased at an annualized rate of 5.44%,  from $6.84M in 2018 to $2.95M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $1.62M to Malaysia. The main products exported from Palestine to Malaysia were Tropical Fruits ($1.36M), Copper Foil ($224k), and Poultry Meat ($21.9k). During the last 5 years the exports of Palestine to Malaysia have increased at an annualized rate of 3.8%, from $1.34M in 2018 to $1.62M in 2023.

In 2018, Malaysia exported $2.95M to Palestine. The main products exported from Malaysia to Palestine were Other Vegetable Oils ($960k), Margarine ($731k), and Palm Oil ($526k). During the last 5 years the exports of Malaysia to Palestine have decreased at an annualized rate of 5.44%, from $6.84M in 2023 to $2.95M in 2018.

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

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

Latest Data

Trade between Palestine (Flag) and Malaysia (Flag)

Palestine Exports

Malaysia Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Malaysia
Top Destination
China$79.8B

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

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

In 2023, countries that imported more from Malaysia than Palestine included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Palestine - Malaysia

Flow
Scale

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

During 2023, Palestine had a large net trade with Malaysia in the exports of Vegetable Products ($1.36M), Metals ($224k), and Animal Products ($21.9k).

During 2018, Malaysia had a large net trade with Palestine in the exports of Animal and Vegetable Bi-Products ($2.28M), Chemical Products ($173k), and Foodstuffs ($140k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with