Merchandise imports by the reporting economy (current US$) in Palestine
Palestine: Merchandise imports by the reporting economy (current US$) was 6.68 billion current US$ in 2023. ▲ Rising
Merchandise imports by the reporting economy in Palestine, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Palestine stood at 6.68 billion current US$.
The figure is down 26.5% on the previous year and up 29.4% over ten years.
Over the whole period, merchandise imports by the reporting economy in Palestine peaked at 9.09 billion current US$ in 2022 and was at its lowest, 1.58 billion current US$, in 2002.
That places Palestine 127th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Merchandise imports by the reporting economy (current US$) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 3.64 billion current US$ | — |
| 2001 | 2.66 billion current US$ | -26.8% |
| 2002 | 1.58 billion current US$ | -40.5% |
| 2003 | 2.19 billion current US$ | +38.0% |
| 2004 | 3.11 billion current US$ | +42.2% |
| 2005 | 2.81 billion current US$ | -9.5% |
| 2006 | 2.83 billion current US$ | +0.8% |
| 2007 | 3.28 billion current US$ | +15.9% |
| 2008 | 3.47 billion current US$ | +5.6% |
| 2009 | 3.60 billion current US$ | +3.9% |
| 2010 | 3.96 billion current US$ | +9.9% |
| 2011 | 4.74 billion current US$ | +19.7% |
| 2012 | 4.70 billion current US$ | -0.9% |
| 2013 | 5.16 billion current US$ | +9.9% |
| 2014 | 5.68 billion current US$ | +10.1% |
| 2015 | 5.23 billion current US$ | -8.1% |
| 2016 | 5.36 billion current US$ | +2.6% |
| 2017 | 5.85 billion current US$ | +9.1% |
| 2018 | 6.54 billion current US$ | +11.7% |
| 2019 | 6.61 billion current US$ | +1.2% |
| 2020 | 6.06 billion current US$ | -8.3% |
| 2021 | 7.83 billion current US$ | +29.1% |
| 2022 | 9.09 billion current US$ | +16.1% |
| 2023 | 6.68 billion current US$ | -26.5% |
Palestine compared with similar countries
- Palestine's 6.68 billion current US$ is below the median for lower middle income countries, which is 8.62 billion current US$, 78% of the median. (47 countries reporting)
- Palestine's 6.68 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 30.54 billion current US$, 22% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.92 billion current US$ | 1.58 billion current US$ | 3.64 billion current US$ | 10 |
| 2010s | 5.38 billion current US$ | 3.96 billion current US$ | 6.61 billion current US$ | 10 |
| 2020s | 7.41 billion current US$ | 6.06 billion current US$ | 9.09 billion current US$ | 4 |
Countries ranked near Palestine
- 124 Namibia 7.19 billion current US$ compare
- 125 Tajikistan 7.06 billion current US$ compare
- 126 Cuba 6.82 billion current US$ compare
- 128 Kosovo 6.45 billion current US$ compare
- 128 Kosovo (UNSCR 1244) 6.45 billion current US$ compare
- 130 Papua New Guinea 6.32 billion current US$ compare
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 imports by the reporting economy in Palestine?
- Merchandise imports by the reporting economy in Palestine was 6.68 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Palestine?
- The highest recorded value was 9.09 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Palestine?
- The lowest recorded value was 1.58 billion current US$ in 2002.
- How does Palestine rank for merchandise imports by the reporting economy?
- Palestine ranks 127th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Palestine?
- Over the last ten years it is up 29.4%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.