Palestine (PSE) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Palestine-Saudi Arabia Trade: In 2022, Palestine exported $13.5M to Saudi Arabia. The main products that Palestine exported to Saudi Arabia were Pure Olive Oil ($7.68M), Building Stone ($2.94M), and Sauces and Seasonings ($1.41M). Over the past 5 years the exports of Palestine to Saudi Arabia have decreased at an annualized rate of 4.61%, from $17.1M in 2017 to $13.5M in 2022.

In 2022, Palestine did not export any services to Saudi Arabia.

Saudi Arabia-Palestine Trade: In 2022, Saudi Arabia exported $124M to Palestine. The main products that Saudi Arabia exported to Palestine were Ethylene Polymers ($43.2M), Raw Sugar ($19.6M), and Pasta ($15.3M). Over the past 5 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 11.5%, from $71.8M in 2017 to $124M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $13.5M to Saudi Arabia. The main products exported from Palestine to Saudi Arabia were Pure Olive Oil ($7.68M), Building Stone ($2.94M), and Sauces and Seasonings ($1.41M). During the last 5 years the exports of Palestine to Saudi Arabia have decreased at an annualized rate of 4.61%, from $17.1M in 2017 to $13.5M in 2022.

In 2017, Saudi Arabia exported $124M to Palestine. The main products exported from Saudi Arabia to Palestine were Ethylene Polymers ($43.2M), Raw Sugar ($19.6M), and Pasta ($15.3M). During the last 5 years the exports of Saudi Arabia to Palestine have increased at an annualized rate of 11.5%, from $71.8M in 2022 to $124M in 2017.

Exports from Palestine () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Palestine () (2022)

Latest Data

Trade between Palestine () and Saudi Arabia ()

Palestine Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Palestine than Saudi Arabia included Israel ($1.3B), Algeria ($1.56M), and Yemen ($1.4M).

In 2022, countries that imported more from Saudi Arabia than Palestine included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Palestine () (2022)

Comparative Advantage Palestine - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Saudi Arabia in the exports of Animal and Vegetable Bi-Products ($7.68M), Stone And Glass ($2.96M), and Foodstuffs ($1.71M).

During 2017, Saudi Arabia had a large net trade with Palestine in the exports of Plastics and Rubbers ($53.2M), Foodstuffs ($46.7M), and Stone And Glass ($6.66M).

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

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Palestine () (2022)

Latest Data

Trade between Palestine () and Saudi Arabia ()

Palestine Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Palestine () (2022)

Comparative Advantage Palestine - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Saudi Arabia () (2022)

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