Palestinian Central Bureau of Statistics (PCBS)
An increase in Registered* Exports in Goods by 18% in November,2020/11
Exports in Goods
Exports increased in November, 2020 by 18% compared to October, 2020. It also increased by 24% compared to November, 2019 and reached USD 117.1 Million.
Exports to Israel increased in November, 2020 by 6% compared to October, 2020 and it represented 77% of total exports in November, 2020.
At the same time, exports to other countries increased by 94% during the same period compared to October, 2020 and reached USD 26.4 Million
Imports in Goods
Imports decreased in November, 2020 by 2% compared to October, 2020. It also decreased by 5% compared to November, 2019 and reached USD 448.9 Million.
Imports from Israel increased by 3% in November, 2020 compared to October, 2020 and it represented 56% of total imports in November, 2020.
On the other hand, imports from other countries decreased by 8% compared to October, 2020.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 8% in November, 2020 compared to October, 2020. It also decreased by 12% compared to November, 2019 and reached USD 331.8 Million