Palestine (PSE) and Thailand (THA) Trade | The Observatory of Economic Complexity

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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 49.6%, from $38.3k in 2017 to $1.25k in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 49.6%, from $38.3k in 2017 to $1.25k in 2022.

In 2017, 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 2022 to $18.4M in 2017.

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

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

Latest Data

Trade between Palestine () and Thailand ()

Palestine Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Thailand
Top DestinationUnited States$53.4B

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

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

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

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

Comparative Advantage Palestine - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Thailand in the exports of Transportation ($717), Machines ($269), and Instruments ($265).

During 2017, Thailand had a large net trade with Palestine in the exports of Transportation ($5.88M), Foodstuffs ($4.33M), and Machines ($3.2M).

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 Palestine and Thailand. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Palestine.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Palestine () and Thailand ()

Palestine Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Palestine - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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