Economic and Commercial Relations with Palestine

Economic Outlook of Palestine (2024 – est.)

GDP (billion USD)

10,5

Inflation Rate (%)

52,9

Economic Growth (GDP %)

-5,4 (2023)

Unemployment Rate (%)

35

Population (million)

5,166

Export (million $)

1.538

Population growth (%)

2,4

Import (million)

6.356

GDP per capita (USD)

3.458

Main trade partners: Jordan, Türkiye, China, Germany, Saudi Arabia, Qatar

Main export products:Dates, leather, stone, plastics, olives, fruits/vegetables, tobacco and manufactured tobacco substitutes

Main import products: Mineral fuels, plastics, cereals, iron/steel

Bilateral Trade Statistics :

YEAR

EXPORT

IMPORT

VOLUME

BALANCE

2021

99

11

111

+88

2022

126

12

138

+114

2023

132

22

154

+110

2024

797

21

818

+776

Türkiye’s exports to Palestine: Sanitary clothes, cleaning products, flour, sunflower oil, textiles, furniture, flour and cacao product

Türkiye’s imports from Palestine: Dates, fruits, machinery and mechanic products, plastics and plastic products