Austria (AUT) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Austria-Palestine Trade: In 2022, Austria exported $13.3M to Palestine. The main products that Austria exported to Palestine were Cars ($1.94M), Ethylene Polymers ($1.87M), and Electric Soldering Equipment ($1.6M). Over the past 5 years the exports of Austria to Palestine have increased at an annualized rate of 6.1%, from $9.87M in 2017 to $13.3M in 2022.

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

Palestine-Austria Trade: In 2022, Palestine exported $442k to Austria. The main products that Palestine exported to Austria were Other Edible Preparations ($117k), Pure Olive Oil ($99.1k), and Tropical Fruits ($95.4k). Over the past 5 years the exports of Palestine to Austria have decreased at an annualized rate of 3.24%, from $522k in 2017 to $442k in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $13.3M to Palestine. The main products exported from Austria to Palestine were Cars ($1.94M), Ethylene Polymers ($1.87M), and Electric Soldering Equipment ($1.6M). During the last 5 years the exports of Austria to Palestine have increased at an annualized rate of 6.1%, from $9.87M in 2017 to $13.3M in 2022.

In 2017, Palestine exported $442k to Austria. The main products exported from Palestine to Austria were Other Edible Preparations ($117k), Pure Olive Oil ($99.1k), and Tropical Fruits ($95.4k). During the last 5 years the exports of Palestine to Austria have decreased at an annualized rate of 3.24%, from $522k in 2022 to $442k in 2017.

Exports from Austria () to Palestine () (2022)

Exports from Palestine () to Austria () (2022)

Latest Data

Trade between Austria () and Palestine ()

Austria Exports

Date

Palestine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Austria than Palestine included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Palestine than Austria included Israel ($1.3B) and Jordan ($159M).

Difference in imports from Palestine () and Austria () (2022)

Comparative Advantage Austria - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Palestine in the exports of Foodstuffs ($2.66M), Machines ($2.51M), and Plastics and Rubbers ($2.13M).

During 2017, Palestine had a large net trade with Austria in the exports of Foodstuffs ($224k), Vegetable Products ($116k), and Animal and Vegetable Bi-Products ($99.1k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Palestine () (2022)

Exports from Palestine () to Austria () (2022)

Latest Data

Trade between Austria () and Palestine ()

Austria Exports

Palestine Exports

Market Competitiveness

Difference in imports from Palestine () and Austria () (2022)

Comparative Advantage Austria - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Palestine () (2022)

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