2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Palestine-Vietnam Trade: In 2022, Palestine exported $46.6k to Vietnam. The main products that Palestine exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($46.6k). Over the past 5 years the exports of Palestine to Vietnam have decreased at an annualized rate of 20.6%, from $148k in 2017 to $46.6k in 2022.

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

Vietnam-Palestine Trade: In 2022, Vietnam exported $19.6M to Palestine. The main products that Vietnam exported to Palestine were Coconuts, Brazil Nuts, and Cashews ($8.13M), Coffee ($2.05M), and Fish Fillets ($1.15M). Over the past 5 years the exports of Vietnam to Palestine have increased at an annualized rate of 16.8%,  from $9M in 2017 to $19.6M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Palestine exported $46.6k to Vietnam. The main products exported from Palestine to Vietnam were Coconuts, Brazil Nuts, and Cashews ($46.6k). During the last 5 years the exports of Palestine to Vietnam have decreased at an annualized rate of 20.6%, from $148k in 2017 to $46.6k in 2022.

In 2017, Vietnam exported $19.6M to Palestine. The main products exported from Vietnam to Palestine were Coconuts, Brazil Nuts, and Cashews ($8.13M), Coffee ($2.05M), and Fish Fillets ($1.15M). During the last 5 years the exports of Vietnam to Palestine have increased at an annualized rate of 16.8%, from $9M in 2022 to $19.6M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Vietnam (Flag)

Palestine Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Palestine than Vietnam included Israel ($1.3B), Yemen ($1.4M), and Guinea ($69.3k).

In 2022, countries that imported more from Vietnam than Palestine included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam (Flag) and Palestine (Flag) (2022)

Comparative Advantage Palestine - Vietnam

Flow
Scale

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

During 2022, Palestine had a large net trade with Vietnam in the exports of Vegetable Products ($46.6k).

During 2017, Vietnam had a large net trade with Palestine in the exports of Vegetable Products ($11.1M), Machines ($1.78M), and Animal Products ($1.26M).

Economic Complexity

Competitive Landscape

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

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

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