Preliminary Results of the Palestinian Registered* External Trade
in Goods of January, 01/2016.
Exports:
Exports decreased in January, 2016 by 19.7% compared to December, 2015. It also decreased by 4.3% compared to January, 2015 and reached USD 62.3 Million.
Exports to Israel decreased in January, 2016 by 17.9% compared to December, 2015 and represented 87.9% of total exports in January, 2016.
At the same time, exports to other countries decreased by 30.8% during the same period compared to December, 2015.
Imports:
Imports decreased in January, 2016 by 10.9% compared to December, 2015. It also decreased by 1.7% compared to January, 2015 and reached USD 371.5 Million.
Imports from Israel decreased by 7.6% in January, 2016 compared to December, 2015 and represented 55.2% of total imports in January, 2016.
At the same time, imports from other countries decreased by 14.6% compared to December, 2015.
Net Trade Balance on Registered Goods:
The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 8.9% in January, 2016 compared to December, 2015. It also decreased by 1.1% compared to January, 2015 and reached USD 309.2 Million.