2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH
62.3%CURRENT US$
Rnk 48 / 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
$2,613CURRENT US$
Rnk 145 / 196
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 58 / 195

About

Palestine-Nicaragua Trade: In 2022, Palestine exported $32 to Nicaragua. The main products that Palestine exported to Nicaragua were N/A. Over the past 6 years the exports of Palestine to Nicaragua have increased at an annualized rate of 2.87%, from $27 in 2016 to $32 in 2022.

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

Nicaragua-Palestine Trade: In 2022, Nicaragua exported $33.7k to Palestine. The main products that Nicaragua exported to Palestine were N/A. Over the past 6 years the exports of Nicaragua to Palestine have decreased at an annualized rate of 11.1%,  from $60.9k in 2016 to $33.7k in 2022.

In 2022, Nicaragua 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, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $32 to Nicaragua. There were not main exports from Palestine to Nicaragua in 2022. During the last 6 years the exports of Palestine to Nicaragua have increased at an annualized rate of 2.87%, from $27 in 2016 to $32 in 2022.

In 2017, Nicaragua exported $33.7k to Palestine. There were not main exports from Nicaragua to Palestine in 2017. During the last 5 years the exports of Nicaragua to Palestine have decreased at an annualized rate of 11.1%, from $60.9k in 2022 to $33.7k in 2017.

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

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

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Nicaragua
Top Destination
United States$4.38B

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

In 2023, countries that imported more from Palestine than Nicaragua included Jordan ($96.6M), Turkey ($22.1M), and Saudi Arabia ($8.53M).

In 2023, countries that imported more from Nicaragua than Palestine included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

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

Comparative Advantage Palestine - Nicaragua

Flow
Scale

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

During 2022, Palestine had a large net trade with Nicaragua in the exports of .

During 2017, Nicaragua had a large net trade with Palestine in the exports of .

Economic Complexity

Competitive Landscape

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

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

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