NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Economic Complexity
Research -1.07Rank 128 of 140
2023
Product
Exports | Imports $189M | $1.97B189 of 226 |  165 of 226
2023
Per Capita Product
Exports | Imports $36.5 | $382180 of 220 |  188 of 220

About

Overview In 2023 Palestine was the number 189 economy in the world in terms of total exports and the number 165 in total imports.

Exports The top exports of Palestine are Scrap Iron ($68.6M), Tropical Fruits ($53.8M), Pure Olive Oil ($10.9M), Building Stone ($7.56M), and Other Prepared Meat ($5.66M), exporting mostly to Jordan ($96.6M), Turkey ($22.1M), United Arab Emirates ($14.3M), Saudi Arabia ($8.53M), and United Kingdom ($7.04M).

Imports The top imports of Palestine are Cement ($136M), Raw Sugar ($135M), Cars ($128M), Baked Goods ($69.8M), and Perfumes ($66.2M), importing mostly from Egypt ($496M), Jordan ($338M), China ($165M), Germany ($143M), and United Arab Emirates ($137M).

Location Palestine borders Egypt, Israel, and Jordan by land.

Latest Trends

Latest Trade

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Palestine.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Scrap Iron$68.6M
Top Destination (2023)Jordan$96.6M

In 2023, Palestine exported a total of $189M, making it the number 189 exporter in the world. During the last five reported years the exports of Palestine have changed by -$969M from $1.16B in 2018 to $189M in 2023.

The most recent exports are led by Scrap Iron ($68.6M), Tropical Fruits ($53.8M), Pure Olive Oil ($10.9M), Building Stone ($7.56M), and Other Prepared Meat ($5.66M). The most common destination for the exports of Palestine are Jordan ($96.6M), Turkey ($22.1M), United Arab Emirates ($14.3M), Saudi Arabia ($8.53M), and United Kingdom ($7.04M).

Explore Visualizations

Exports (2023)
[Click to Select a Product]

Destinations (2023)
[Click to Select a Country]

Market Growth

Flow
View
Growth
Fastest Growing Export Markets (2022 - 2023)
Turkey$8.2M (+ 58.8%)
France$1.27M (+ 42.4%)
Italy$632k (+ 44.8%)
Fastest Growing Import Markets (2022 - 2023)
United Arab Emirates$36.4M (+ 36.3%)
Egypt$10.5M (+ 2.16%)
Slovakia$2.03M (+ 17.7%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

Type
Flow
Depth
View
Sort By

Subscribe today to OEC pro and access the latest data

Sign Up

Service Trade

Service Trade

Palestine Exports Services (2020)$708M
Palestine Imports Services (2020)$1.55B

In 2020, Palestine exported $708M worth of services. The top services exported by Palestine in 2020 were Personal travel ($465M), Construction abroad ($105M), Miscellaneous business, professional, and technical services ($39.9M), Other personal, cultural, and recreational services ($32.3M), and Government services, n.i.e. ($23.5M).

The top services imported by Palestine in 2020 were Business travel ($888M), Personal travel ($252M), Transportation ($227M), Miscellaneous business, professional, and technical services ($113M), and Government services, n.i.e. ($31.7M).

Service Exports (2020)

Service Imports (2020)

Economic Complexity

Overview

Economic Complexity (Research)-1.07Rank 128 of 140

Most Specialized Products by RCA Index

Palestine has a high level of specialization in Tropical Fruits (360), Scrap Iron (177), Pure Olive Oil (110), Spices (89.1), and Building Stone (74.1). Specialization is measured using RCA, an index that takes the ratio between Palestine observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Palestine according to the relatedness index, were Cement (0.089), Other Oily Seeds (0.087), Wheat Flours (0.084), Gold (0.083), and Perfume Plants (0.083). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Palestine is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Palestine. These are products that tend to be co-exported with the products that Palestine exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Keep Exploring

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