Palestinian Central Bureau of Statistics (PCBS)

Preliminary results of  Foreign Trade for April-October / 2020

An increase in Trade Balance Deficit on Registered* Goods by 10% in October, 2020

Exports in Goods

Exports increased in October, 2020 by 3% compared to September, 2020. It also increased by 11% compared to October, 2019 and reached USD 99.1 Million.

Exports to Israel decreased in October, 2020 by 3% compared to September, 2020 and it represented 86% of total exports in October, 2020.

On the other hand, exports to other countries increased by 60% during the same period compared to September, 2020 and reached USD 13.6 Million.

Imports in Goods

Imports increased in October, 2020 by 8% compared to September, 2020. While it decreased by 3% compared to October, 2019 and reached USD 459.3 Million.

Imports from Israel slightly increased by 0.3% in October, 2020 compared to September, 2020 and it represented 54% of total imports in October, 2020.

At the same time, imports from other countries increased by 19% compared to September, 2020.

Trade Balance on Registered Goods

The trade balance, which represents the difference between exports and imports, showed an increase in trade deficit by 10% in October, 2020 compared to September, 2020. While it decreased by 6% compared to October, 2019 and reached USD 360.2 Million

Notice:

Regarding the indicators for April-September 2020, which was not published on due time, the next table summarizes the most important indicators during that period and the corresponding period of 2019:

Exports and Imports on Registered* goods  And Trade Balance for April-September of

2019 and 2020

                               Value in Million USD