Palestinian Central Bureau of Statistics (PCBS)
A Sharp decrease in Registered* Exports and Imports in Goods in October,10/2023 compared to the previous month, due to the ongoing Israeli aggression on Gaza Strip.
Exports in Goods
Exports decreased in October, 2023 by 27% compared to September, 2023. It also decreased by 33% compared to October, 2022 and reached USD 92.2 Million.
Exports to Israel decreased in October, 2023 by 40% compared to September, 2023 and it represented 76% of total exports in October, 2023.
On the other hand, exports to other countries increased by 128% during the same period compared to September, 2023 and reached USD 22.3 Million.
Imports in Goods
Imports decreased in October, 2023 by 14% compared to September, 2023. It also decreased by 15% compared to October, 2022 and reached USD 581.6 Million.
Imports from Israel decreased by 18% in October, 2023 compared to September, 2023 and it represented 57% of total imports in October, 2023.
At the same time, imports from other countries decreased by 9% compared to September, 2023.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 11% in October, 2023 compared to September, 2023. It also decreased by 11% compared to October, 2022 and reached USD 489.4 Million.