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2023
Flag → Flag
Exports $8.53MRnk 4 / 76
2023
Flag → Flag
Top Product $3MBuilding Stone
2023
Flag → Flag
Exports $114MRnk 75 / 182
2023
Flag → Flag
Top Product $66.9MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Palestine-Saudi Arabia Trade: In 2023, Palestine exported $8.53M to Saudi Arabia. The main products that Palestine exported to Saudi Arabia were Building Stone ($3M), Pure Olive Oil ($2.78M), and Spices ($1.6M). Over the past 5 years the exports of Palestine to Saudi Arabia have decreased at an annualized rate of 14.4%, from $18.5M in 2018 to $8.53M in 2023.

In 2023, Palestine did not export any services to Saudi Arabia.

Saudi Arabia-Palestine Trade: In 2023, Saudi Arabia exported $114M to Palestine. The main products that Saudi Arabia exported to Palestine were Raw Sugar ($66.9M), Pasta ($12.7M), and Float Glass ($5.02M). Over the past 5 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 4.56%,  from $91M in 2018 to $114M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Palestine exported $8.53M to Saudi Arabia. The main products exported from Palestine to Saudi Arabia were Building Stone ($3M), Pure Olive Oil ($2.78M), and Spices ($1.6M). During the last 5 years the exports of Palestine to Saudi Arabia have decreased at an annualized rate of 14.4%, from $18.5M in 2018 to $8.53M in 2023.

In 2018, Saudi Arabia exported $114M to Palestine. The main products exported from Saudi Arabia to Palestine were Raw Sugar ($66.9M), Pasta ($12.7M), and Float Glass ($5.02M). During the last 5 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 4.56%, from $91M in 2023 to $114M in 2018.

Exports from Palestine (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Palestine (Flag) (2023)

Latest Data

Trade between Palestine (Flag) and Saudi Arabia (Flag)

Palestine Exports

Saudi Arabia Exports

Market Competitiveness

Color
Palestine
Top DestinationJordan$96.6M
Saudi Arabia
Top DestinationChina$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Palestine included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Palestine (Flag) (2023)

Comparative Advantage Palestine - Saudi Arabia

Flow
Scale

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

During 2023, Palestine had a large net trade with Saudi Arabia in the exports of Stone And Glass ($3M), Animal and Vegetable Bi-Products ($2.78M), and Vegetable Products ($1.75M).

During 2018, Saudi Arabia had a large net trade with Palestine in the exports of Foodstuffs ($92.7M), Stone And Glass ($6.56M), and Animal Products ($4.65M).

Economic Complexity

Competitive Landscape

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

Product Space of Palestine (Flag) and Saudi Arabia (Flag) (2023)

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