[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · PSE · 2024
State of Palestine trade profile
In 2024, State of Palestine recorded $195.4M in merchandise exports and $2.0B in imports, producing a $1.8B trade deficit. Exports changed -37.9% from the previous year, while imports changed -49.5%.[1]
Exports
$195.4M
-37.9%
Imports
$2.0B
-49.5%
Trade balance
-$1.8B
deficit
Active partners
270
32 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$68.7M
HS 08 · HS chapter
43 active HS6 lines · 43 export partners
2$62.3M
HS 72 · HS chapter
63 active HS6 lines · 1 export partners
3$15.2M
HS 15 · HS chapter
20 active HS6 lines · 33 export partners
4$7.7M
HS 30 · Pharmaceutical products
26 active HS6 lines · 17 export partners
5$5.2M
HS 16 · HS chapter
9 active HS6 lines · 2 export partners
6$5.0M
HS 68 · HS chapter
35 active HS6 lines · 10 export partners
7$4.5M
HS 09 · HS chapter
27 active HS6 lines · 23 export partners
8$3.1M
HS 19 · HS chapter
18 active HS6 lines · 20 export partners
Leading export markets
Destinations rank bilateral export flows from State of Palestine; growth describes each corridor rather than the whole economy.
1$82.6M
Jordan
Annual change -16.7% · 3-year CAGR 7.5%
2$19.3M
United Arab Emirates
Annual change -37.9% · 3-year CAGR -3.3%
3$18.9M
Türkiye
Annual change -12.0% · 3-year CAGR 17.2%
4$11.3M
United Kingdom
Annual change +40.8% · 3-year CAGR 4.7%
5$6.9M
Saudi Arabia
Annual change -21.3% · 3-year CAGR -25.9%
6$6.8M
United States
Annual change -40.2% · 3-year CAGR -15.9%
7$6.5M
Germany
Annual change +50.4% · 3-year CAGR 6.0%
8$6.2M
Belarus
Annual change +3.3% · 3-year CAGR 10.4%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.