Preliminary Results of the Palestinian Registered* External Trade in Goods of August, 08/2017

Exports of Goods:

Exports increased in August, 2017 by 3.3% compared to July, 2017. It also increased by 8.8% compared to August, 2016 and reached USD 91.7 million.

 

Exports to Israel increased in August, 2017 by 5.8% compared to July, 2017 and represented 92.9% of total exports in August, 2017.

 

On the other hand, exports to other countries  decreased by 21.5% during the same period compared to July, 2017.

 

Imports of Goods:

Imports increased in August, 2017 by 8.3% compared to July, 2017. It also increased by 11.2% compared to August, 2016 and reached USD 494.7 million.

 

Imports from Israel increased by 4.3% in August, 2017 compared to July, 2017 and represented 56.1% of total imports in       August, 2017.

 

At the same time, imports from other countries increased by 14% compared to August, 2017.

Net Trade Balance on Registered Goods:

The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 9.6% in August, 2017 compared to July, 2017. It also increased by 11.7% compared to August, 2016 and reached USD 403 million.

 

Note:

*: Includes actual data received from official sources                                                   

source : Palestinian Central Bureau of Statistics (PCBS)