Palestinian Central Bureau of Statistics (PCBS)
A decrease in Registered* Exports in Goods in March, 03/2022
Compared to the previous month
Exports in Goods
Exports decreased in March, 2022 by 6% compared to February, 2022. While it increased by 2% compared to March, 2021 and reached USD 116.6 Million.
Exports to Israel decreased in March, 2022 by 6% compared to February, 2022 and it represented 85% of total exports in March, 2022.
At the same time, exports to other countries decreased by 2% during the same period compared to February, 2022.
Imports in Goods
Imports increased in March, 2022 by 21% compared to February, 2022. It also increased by 41% compared to March, 2021 and reached USD 712.2 Million.
Imports from Israel increased by 14% in March, 2022 compared to February, 2022 and it represented 53% of total imports in March, 2022.
At the same time, imports from other countries increased by 30% compared to February, 2022.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 28% in March, 2022 compared to February, 2022. It also increased by 52% compared to March, 2021 and reached USD 595.6 Million.