State of Palestine

Compare State of Palestine →

PS · PSE · BACI 275 · latest data 2024

Exports

$98M USD, nominal · 2024

= $98 M91.1% over 5 yrs (down)

Imports

$2.0B USD, nominal · 2024

= $2,004 M67.3% over 5 yrs (down)

Trade balancedeficit

−$1.9B USD, nominal · 2024

= −$1,905 M

Total trade

$2.1B USD, nominal · 2024

= $2,102 M70.9% over 5 yrs (down)

World position: #190 of 225 exporters · bottom half · #161 of 225 importers · bottom half · 2024

Trade timeline

State of Palestine's exports grew from $54M in 2000 to $98M in 2024; the 2024 balance was −$1.9B.

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Exports, imports, trade balance and total trade of State of Palestine per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
2000	$54 M	$146 M	−$93 M	$200 M
2001	$58 M	$89 M	−$32 M	$147 M
2002	$74 M	$86 M	−$11 M	$160 M
2003	$84 M	$97 M	−$13 M	$181 M
2004	$28 M	$134 M	−$106 M	$163 M
2005	$49 M	$187 M	−$138 M	$236 M
2006	$56 M	$235 M	−$179 M	$291 M
2007	$548 M	$3,312 M	−$2,764 M	$3,860 M
2008	$595 M	$3,560 M	−$2,965 M	$4,156 M
2009	$549 M	$3,560 M	−$3,011 M	$4,110 M
2010	$646 M	$3,934 M	−$3,289 M	$4,580 M
2011	$773 M	$4,608 M	−$3,835 M	$5,381 M
2012	$814 M	$4,625 M	−$3,811 M	$5,440 M
2013	$952 M	$5,190 M	−$4,238 M	$6,142 M
2014	$970 M	$5,719 M	−$4,749 M	$6,689 M
2015	$975 M	$5,073 M	−$4,098 M	$6,048 M
2016	$943 M	$5,167 M	−$4,224 M	$6,110 M
2017	$1,074 M	$5,524 M	−$4,450 M	$6,597 M
2018	$1,158 M	$6,053 M	−$4,895 M	$7,210 M
2019	$1,106 M	$6,118 M	−$5,012 M	$7,224 M
2020	$1,121 M	$5,604 M	−$4,483 M	$6,725 M
2021	$1,421 M	$7,298 M	−$5,876 M	$8,719 M
2022	$1,584 M	$8,641 M	−$7,057 M	$10,225 M
2023	$189 M	$1,971 M	−$1,783 M	$2,160 M
2024	$98 M	$2,004 M	−$1,905 M	$2,102 M

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World share & rank

World export share moved from 0.0% in 2000 to 0.0% in 2024; export rank #189 → #190.

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World export and import share in percent, and world ranks, of State of Palestine per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
2000	0.00%	0.00%	#189	#183
2001	0.00%	0.00%	#185	#193
2002	0.00%	0.00%	#180	#198
2003	0.00%	0.00%	#180	#198
2004	0.00%	0.00%	#193	#194
2005	0.00%	0.00%	#190	#192
2006	0.00%	0.00%	#191	#192
2007	0.00%	0.02%	#163	#134
2008	0.00%	0.02%	#164	#140
2009	0.00%	0.03%	#164	#134
2010	0.00%	0.03%	#161	#139
2011	0.00%	0.03%	#163	#140
2012	0.00%	0.03%	#162	#143
2013	0.01%	0.03%	#158	#140
2014	0.01%	0.03%	#159	#137
2015	0.01%	0.03%	#155	#133
2016	0.01%	0.03%	#159	#131
2017	0.01%	0.03%	#158	#130
2018	0.01%	0.03%	#152	#133
2019	0.01%	0.03%	#158	#131
2020	0.01%	0.03%	#154	#127
2021	0.01%	0.03%	#154	#128
2022	0.01%	0.04%	#150	#126
2023	0.00%	0.01%	#188	#164
2024	0.00%	0.01%	#190	#161

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Trading partners

Türkiye was State of Palestine's top trading partner in 2024, at 38.8% of total trade; the top five partners covered 78.1%.

Year

Top partner share: 38.8%
Top-5 share: 78.1%
Partners: 80
Partner HHI (0–1): 0.213

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Türkiye $21M

United Kingdom $13M

Saudi Arabia $8M

Germany $7M

France $4M

Netherlands $4M

Italy $3M

South Korea $1M

Portugal $1M

Switzerland $1M

Egypt $1M

Brazil $0M

China $0M

Poland $0M

Ukraine $0M

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Top partners of State of Palestine in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Türkiye	$21 M	$795 M	$816 M	−$774 M
#2	Egypt	$1 M	$461 M	$462 M	−$460 M
#3	China	$0 M	$154 M	$154 M	−$154 M
#4	Germany	$7 M	$106 M	$113 M	−$99 M
#5	Saudi Arabia	$8 M	$89 M	$96 M	−$81 M
#6	Italy	$3 M	$63 M	$66 M	−$60 M
#7	Switzerland	$1 M	$65 M	$66 M	−$64 M
#8	Netherlands	$4 M	$34 M	$38 M	−$30 M
#9	Brazil	$0 M	$34 M	$34 M	−$34 M
#10	France	$4 M	$30 M	$34 M	−$25 M
#11	Poland	$0 M	$25 M	$25 M	−$25 M
#12	Ukraine	$0 M	$21 M	$21 M	−$21 M
#13	South Korea	$1 M	$19 M	$20 M	−$17 M
#14	Portugal	$1 M	$17 M	$19 M	−$16 M
#15	United Kingdom	$13 M	$5 M	$17 M	$8 M

15 rows

Products & sectors

Product composition of State of Palestine's trade in 2024.

Year

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Concentration & risk

State of Palestine's export partners diversified over 2000–2024 — HHI 0.289 → 0.091, a diversified export base across 74 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of State of Palestine per year.
Year	Export HHI	Import HHI	Export partners	Import partners
2000	0.289	0.112	31	37
2001	0.309	0.143	34	33
2002	0.349	0.147	31	34
2003	0.465	0.124	37	38
2004	0.242	0.123	35	42
2005	0.143	0.111	45	43
2006	0.211	0.182	44	43
2007	0.698	0.549	59	108
2008	0.710	0.620	73	107
2009	0.689	0.558	65	119
2010	0.583	0.538	74	130
2011	0.696	0.531	75	123
2012	0.625	0.527	82	124
2013	0.691	0.513	84	122
2014	0.676	0.486	83	113
2015	0.687	0.370	78	116
2016	0.674	0.376	88	118
2017	0.677	0.355	91	115
2018	0.705	0.368	90	127
2019	0.665	0.366	93	129
2020	0.633	0.368	93	134
2021	0.683	0.337	103	138
2022	0.683	0.316	99	140
2023	0.289	0.121	76	61
2024	0.091	0.224	74	63

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