Merchandise exports by the reporting economy (current US$) in Palestine
Palestine: Merchandise exports by the reporting economy (current US$) was 1.52 billion current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Palestine, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Palestine recorded 1.52 billion current US$ for merchandise exports by the reporting economy in 2023.
The figure is down 0.2% on the previous year and up 68.9% over ten years.
Over the whole period, merchandise exports by the reporting economy in Palestine peaked at 1.53 billion current US$ in 2022 and was at its lowest, 7.65 million current US$, in 2000.
That places Palestine 144th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 7.65 million current US$ | — |
| 2001 | 7.65 million current US$ | +0.0% |
| 2002 | 7.65 million current US$ | +0.0% |
| 2003 | 7.65 million current US$ | +0.0% |
| 2004 | 452.31 million current US$ | +5814.4% |
| 2005 | 298.65 million current US$ | -34.0% |
| 2006 | 341.58 million current US$ | +14.4% |
| 2007 | 512.98 million current US$ | +50.2% |
| 2008 | 558.45 million current US$ | +8.9% |
| 2009 | 518.36 million current US$ | -7.2% |
| 2010 | 575.51 million current US$ | +11.0% |
| 2011 | 745.66 million current US$ | +29.6% |
| 2012 | 782.37 million current US$ | +4.9% |
| 2013 | 900.62 million current US$ | +15.1% |
| 2014 | 943.72 million current US$ | +4.8% |
| 2015 | 957.81 million current US$ | +1.5% |
| 2016 | 926.50 million current US$ | -3.3% |
| 2017 | 1.06 billion current US$ | +14.9% |
| 2018 | 1.16 billion current US$ | +8.5% |
| 2019 | 1.10 billion current US$ | -4.5% |
| 2020 | 1.05 billion current US$ | -4.5% |
| 2021 | 1.36 billion current US$ | +28.7% |
| 2022 | 1.53 billion current US$ | +12.3% |
| 2023 | 1.52 billion current US$ | -0.2% |
Palestine compared with similar countries
- Palestine's 1.52 billion current US$ is below the median for lower middle income countries, which is 5.68 billion current US$, 27% of the median. (47 countries reporting)
- Palestine's 1.52 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.79 billion current US$, 8% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Palestine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +5814.4% | 7.65 million current US$ | 452.31 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 271.29 million current US$ | 7.65 million current US$ | 558.45 million current US$ | 10 |
| 2010s | 915.65 million current US$ | 575.51 million current US$ | 1.16 billion current US$ | 10 |
| 2020s | 1.36 billion current US$ | 1.05 billion current US$ | 1.53 billion current US$ | 4 |
Countries ranked near Palestine
More private sector data for Palestine
- Food imports 30.9% (2023)
- Manufactures imports 45.9% (2023)
- Commercial service imports 1.23 billion current US$ (2025)
- Food exports 21.4% (2023)
- Manufactures exports 63.3% (2023)
- Commercial service exports 558.70 million current US$ (2025)
- Transport services 47.1% (2025)
- Computer, communications and other services 8.6% (2025)
- Computer, communications and other services 64.7% (2025)
- Commercial service exports (current US$), per capita 103.2 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Palestine?
- Merchandise exports by the reporting economy in Palestine was 1.52 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Palestine?
- The highest recorded value was 1.53 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Palestine?
- The lowest recorded value was 7.65 million current US$ in 2000.
- How does Palestine rank for merchandise exports by the reporting economy?
- Palestine ranks 144th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Palestine?
- Over the last ten years it is up 68.9%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.