Palestinian Central Bureau of Statistics (PCBS)
A decline in Trade Balance Deficit for Registered* Goods by 9% in November, 11/2024 compared to November 2023.
Exports in Goods
Exports increased in November 2024 by 41% compared to November 2023 and reached USD 142 Million.
Exports to Israel increased in November 2024 by 68% compared to November 2023 and it represented 79% of total exports in November, 2024.
On the Other hand, exports to other countries decreased by 12% during the same period compared to November, 2023.
Imports in Goods
Imports increased in November, 2024 by 1% compared to November, 2023 and reached USD 506.2 Million.
Imports from Israel increased by 5% in November, 2024 compared to November, 2023 and it represented 58% of total imports in November, 2024.
On the Other hand, imports from other countries decreased by 4% compared to November, 2023.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 9% in November, 2024 compared to November, 2023 and reached USD 364.2 Million.
It is worth mentioning that the above figures are currently available only at the aggregate level, while the detailed data will be provided during the fourth quarter of next year.