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2022
Flag → Flag
Exports $66.7MRnk 79 / 0
2022
Flag → Flag
Exports $197kRnk 22 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

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.

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.

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

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $593k and imported $17.8k from Palestine, resulting in a positive trade balance of $576k. Between January 2021 and January 2022 the exports of Russia have increased by $422k (246%) from $171k to $593k, while imports increased by $17.7k (13.8k%) from $128 to $17.8k.

Trade In January 2022, the top exports of Russia to Palestine were Wood Pulp Lyes ($48.4k), Rapeseed Oil ($30.6k), Prepared Cereals ($24.6k), Prepr binder for foundry ($23.5k), and Baked Goods ($14.5k). In January 2022 the top imports of Russia from Palestine were Other Plastic Products ($128).

Origins In January 2022 the exports of Russia were mainly from KRASNODAR TERRITORY ($178k), STAVROPOL TERRITORY ($104k), LIPETSK REGION ($73.8k), VOLOGDA REGION ($70.5k), and LENINGRAD REGION ($51.1k), while imports destinations were mainly KRASNODAR TERRITORY ($17.8k).

Growth In January 2022, the increase in Russia's year-by-year exports to Palestine was explained primarily by an increase in product exports in Wood Pulp Lyes ($23.1k or 91.4%). In January 2022, the increase in Russia's year-by-year imports  from Palestine was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$422k(246%)
IMPORT GROWTH (January 2021 - January 2022)$17.7k(13.8k%)
MAIN EXPORTER (January 2022)KRASNODAR TERRITORY$178k

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Palestine and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $66.7M to Palestine. There were not main exports from Russia to Palestine in 2022. During the last 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 2017, Palestine exported $197k to Russia. There were not main exports from Palestine to Russia in 2017. During the last 5 years the exports of Palestine to Russia have decreased at an annualized rate of 13.9%, from $415k in 2022 to $197k in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Palestine
Top DestinationJordan$96.6M

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

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

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

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

Comparative Advantage Russia - Palestine

Flow
Scale

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

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

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

Economic Complexity

Competitive Landscape

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

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

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