Singapore (SGP) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Singapore-Palestine Trade: In 2022, Singapore exported $38.2M to Palestine. The main products that Singapore exported to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). Over the past 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2017 to $38.2M in 2022.

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

Palestine-Singapore Trade: In 2022, Palestine exported $15.7k to Singapore. The main products that Palestine exported to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). Over the past 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2017 to $15.7k in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $38.2M to Palestine. The main products exported from Singapore to Palestine were Malt Extract ($24.5M), Polyacetals ($5.11M), and Amino-resins ($2.21M). During the last 5 years the exports of Singapore to Palestine have increased at an annualized rate of 33.7%, from $8.95M in 2017 to $38.2M in 2022.

In 2017, Palestine exported $15.7k to Singapore. The main products exported from Palestine to Singapore were Pure Olive Oil ($12.5k), Perfume Plants ($1.74k), and Other Vegetables ($679). During the last 5 years the exports of Palestine to Singapore have increased at an annualized rate of 10.2%, from $9.65k in 2022 to $15.7k in 2017.

Exports from Singapore () to Palestine () (2022)

Exports from Palestine () to Singapore () (2022)

Latest Data

Trade between Singapore () and Palestine ()

Palestine Exports

Date

Dec 2018

Nov 2017

Jun 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Singapore than Palestine included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Palestine than Singapore included Jordan ($159M).

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

Comparative Advantage Singapore - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Palestine in the exports of Foodstuffs ($24.8M), Plastics and Rubbers ($7.42M), and Chemical Products ($3.23M).

During 2017, Palestine had a large net trade with Singapore in the exports of Animal and Vegetable Bi-Products ($12.5k), Vegetable Products ($2.52k), and Chemical Products ($499).

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

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Historical Data

Bilateral Trade by Products

Exports from Singapore () to Palestine () (2022)

Exports from Palestine () to Singapore () (2022)

Latest Data

Trade between Singapore () and Palestine ()

Palestine Exports

Market Competitiveness

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

Comparative Advantage Singapore - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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