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

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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.

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.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $442k in 2022.

In 2017, 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 2022 to $13.3M in 2017.

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

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

Latest Data

Trade between Palestine () and Austria ()

Palestine Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Austria
Top DestinationGermany$57.7B

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

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

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

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

Comparative Advantage Palestine - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, Austria had a large net trade with Palestine in the exports of Foodstuffs ($2.66M), Machines ($2.51M), and Plastics and Rubbers ($2.13M).

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Palestine () and Austria ()

Palestine Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage Palestine - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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