Palestine (PSE) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Palestine-Singapore Trade: In 2022, Palestine exported $15.7k to Singapore. The main products that Palestine exported to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). Over the past 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2017 to $15.7k in 2022.

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

Singapore-Palestine Trade: In 2022, Singapore exported $38.2M to Palestine. The main products that Singapore exported to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). Over the past 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2017 to $38.2M in 2022.

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

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $15.7k to Singapore. The main products exported from Palestine to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). During the last 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2017 to $15.7k in 2022.

In 2017, Singapore exported $38.2M to Palestine. The main products exported from Singapore to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). During the last 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2022 to $38.2M in 2017.

Exports from Palestine () to Singapore () (2022)

Exports from Singapore () to Palestine () (2022)

Latest Data

Trade between Palestine () and Singapore ()

Palestine Exports

Date

Dec 2018

Nov 2017

Jun 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Palestine than Singapore included Jordan ($159M).

In 2022, countries that imported more from Singapore than Palestine included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Palestine () (2022)

Comparative Advantage Palestine - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Singapore in the exports of Animal and Vegetable Bi-Products ($12.5k), Vegetable Products ($2.52k), and Chemical Products ($499).

During 2017, Singapore had a large net trade with Palestine in the exports of Foodstuffs ($24.8M), Plastics and Rubbers ($7.42M), and Chemical Products ($3.23M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Singapore () (2022)

Exports from Singapore () to Palestine () (2022)

Latest Data

Trade between Palestine () and Singapore ()

Palestine Exports

Market Competitiveness

Difference in imports from Singapore () and Palestine () (2022)

Comparative Advantage Palestine - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Singapore () (2022)

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