2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Sweden-Palestine Trade: In 2023, Sweden exported $18M to Palestine. The main products that Sweden exported to Palestine were Cars ($16.8M), Broadcasting Equipment ($293k), and Computers ($210k). Over the past 5 years the exports of Sweden to Palestine have decreased at an annualized rate of 6.47%, from $25.2M in 2018 to $18M in 2023.

In 2023, Sweden did not export any services to Palestine.

Palestine-Sweden Trade: In 2023, Palestine exported $1.2M to Sweden. The main products that Palestine exported to Sweden were Tropical Fruits ($732k), Frozen Fruits and Nuts ($184k), and Pure Olive Oil ($148k). Over the past 5 years the exports of Palestine to Sweden have increased at an annualized rate of 14.8%,  from $600k in 2018 to $1.2M in 2023.

In 2023, Palestine did not export any services to Sweden.

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $18M to Palestine. The main products exported from Sweden to Palestine were Cars ($16.8M), Broadcasting Equipment ($293k), and Computers ($210k). During the last 5 years the exports of Sweden to Palestine have decreased at an annualized rate of 6.47%, from $25.2M in 2018 to $18M in 2023.

In 2018, Palestine exported $1.2M to Sweden. The main products exported from Palestine to Sweden were Tropical Fruits ($732k), Frozen Fruits and Nuts ($184k), and Pure Olive Oil ($148k). During the last 5 years the exports of Palestine to Sweden have increased at an annualized rate of 14.8%, from $600k in 2023 to $1.2M in 2018.

Exports from Sweden (Flag) to Palestine (Flag) (2023)

Exports from Palestine (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Palestine
Top Destination
Jordan$96.6M

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

In 2023, countries that imported more from Sweden than Palestine included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Palestine than Sweden included Jordan ($96.6M).

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

Comparative Advantage Sweden - Palestine

Flow
Scale

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

During 2023, Sweden had a large net trade with Palestine in the exports of Transportation ($16.8M), Machines ($918k), and Paper Goods ($152k).

During 2018, Palestine had a large net trade with Sweden in the exports of Vegetable Products ($934k), Animal and Vegetable Bi-Products ($159k), and Foodstuffs ($98.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and Palestine (Flag) (2023)

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