2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Thailand-Palestine Trade: In 2022, Thailand exported $18.4M to Palestine. The main products that Thailand exported to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). Over the past 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%, from $21.4M in 2017 to $18.4M in 2022.

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

Palestine-Thailand Trade: In 2022, Palestine exported $1.25k to Thailand. The main products that Palestine exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). Over the past 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 43.5%,  from $38.3k in 2017 to $1.25k in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). That same year, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $18.4M to Palestine. The main products exported from Thailand to Palestine were Cars ($3.54M), Delivery Trucks ($2.33M), and Refrigerators ($2.07M). During the last 5 years the exports of Thailand to Palestine have decreased at an annualized rate of 2.96%, from $21.4M in 2017 to $18.4M in 2022.

In 2017, Palestine exported $1.25k to Thailand. The main products exported from Palestine to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($717), Electrical Control Boards ($269), and Watch Straps ($265). During the last 5 years the exports of Palestine to Thailand have decreased at an annualized rate of 43.5%, from $38.3k in 2022 to $1.25k in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Palestine (Flag)

Thailand Exports

Palestine Exports

Date

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Palestine
Top Destination
Israel$1.3B

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

In 2022, countries that imported more from Thailand than Palestine included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Palestine than Thailand included Israel ($1.3B).

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

Comparative Advantage Thailand - Palestine

Flow
Scale

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

During 2022, Thailand had a large net trade with Palestine in the exports of Transportation ($5.88M), Foodstuffs ($4.33M), and Machines ($3.2M).

During 2017, Palestine had a large net trade with Thailand in the exports of Transportation ($717), Machines ($269), and Instruments ($265).

Economic Complexity

Competitive Landscape

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

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

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