2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 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
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

Palestine-Russia Trade: In 2022, Palestine exported $197k to Russia. The main products that Palestine exported to Russia were N/A. Over the past 5 years the exports of Palestine to Russia have decreased at an annualized rate of 13.9%, from $415k in 2017 to $197k in 2022.

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

Russia-Palestine Trade: In 2022, Russia exported $66.7M to Palestine. The main products that Russia exported to Palestine were N/A. Over the past 5 years the exports of Russia to Palestine have increased at an annualized rate of 33.1%,  from $16M in 2017 to $66.7M in 2022.

In 2020, Russia exported services to Palestine worth $192k, with Transportation ($78k), Other business services ($65k), and Financial services ($30k) being the largest in terms of value.

Comparison In 2023,  Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $197k to Russia. There were not main exports from Palestine to Russia in 2022. During the last 5 years the exports of Palestine to Russia have decreased at an annualized rate of 13.9%, from $415k in 2017 to $197k in 2022.

In 2017, Russia exported $66.7M to Palestine. There were not main exports from Russia to Palestine in 2017. During the last 5 years the exports of Russia to Palestine have increased at an annualized rate of 33.1%, from $16M in 2022 to $66.7M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Russia (Flag)

Palestine Exports

Russia Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Russia
Top Destination
China$129B

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

In 2023, countries that imported more from Palestine than Russia included Antigua and Barbuda ($1.8k).

In 2023, countries that imported more from Russia than Palestine included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Palestine - Russia

Flow
Scale

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

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

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

Bilateral Service Trade

In 2020, Russia exported services to Palestine worth $192k, with Transportation ($78k), Other business services ($65k), and Financial services ($30k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Palestine (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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