Israel (ISR) and Palestine (PSE) Trade | The Observatory of Economic Complexity

About

Israel-Palestine Trade: In 2022, Israel exported $4.6B to Palestine. The main products that Israel exported to Palestine were Refined Petroleum ($1.08B), Electricity ($685M), and Animal Food ($479M). Over the past 5 years the exports of Israel to Palestine have increased at an annualized rate of 7.68%, from $3.18B in 2017 to $4.6B in 2022.

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

Palestine-Israel Trade: In 2022, Palestine exported $1.3B to Israel. The main products that Palestine exported to Israel were Building Stone ($157M), Plastic Lids ($86.5M), and Other Furniture ($85.2M). Over the past 5 years the exports of Palestine to Israel have increased at an annualized rate of 8.13%, from $879M in 2017 to $1.3B in 2022.

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

Comparison In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $4.6B to Palestine. The main products exported from Israel to Palestine were Refined Petroleum ($1.08B), Electricity ($685M), and Animal Food ($479M). During the last 5 years the exports of Israel to Palestine have increased at an annualized rate of 7.68%, from $3.18B in 2017 to $4.6B in 2022.

In 2017, Palestine exported $1.3B to Israel. The main products exported from Palestine to Israel were Building Stone ($157M), Plastic Lids ($86.5M), and Other Furniture ($85.2M). During the last 5 years the exports of Palestine to Israel have increased at an annualized rate of 8.13%, from $879M in 2022 to $1.3B in 2017.

Exports from Israel () to Palestine () (2022)

Exports from Palestine () to Israel () (2022)

Latest Data

Trade between Israel () and Palestine ()

Palestine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Israel than Palestine included United States ($20.3B), China ($5.53B), and Ireland ($3.86B).

In 2022, countries that imported more from Palestine than Israel included Jordan ($159M), Kuwait ($14.5M), and Saudi Arabia ($13.5M).

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

Comparative Advantage Israel - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with Palestine in the exports of Mineral Products ($2.05B), Foodstuffs ($828M), and Animal Products ($312M).

During 2017, Palestine had a large net trade with Israel in the exports of Metals ($253M), Stone And Glass ($216M), and Miscellaneous ($199M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Palestine () (2022)

Exports from Palestine () to Israel () (2022)

Latest Data

Trade between Israel () and Palestine ()

Palestine Exports

Market Competitiveness

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

Comparative Advantage Israel - Palestine

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring