Preliminary Results of the Palestinian Registered* External Trade in Goods of November, 11/2017
Exports of Goods:
Exports increased in November, 2017 by 7.5% compared to October, 2017. It also increased by 3.7% compared to November, 2016 and reached USD 93 million.
Exports to Israel slightly increased in November, 2017 by 0.5% compared to October, 2017 and represented 82.6% of total exports in November, 2017.
At the same time, exports to other countries increased by 60.4% during the same period compared to October, 2017. It's worth mentioning that the said increase was mainly due to the increase of Palestinian exports of olive oil.
Imports of Goods:
Imports decreased in November, 2017 by 4.1% compared to October, 2017. It also decreased by 7.6% compared to November, 2016 and reached USD 441.4 million.
Imports from Israel slightly increased by 0.3% in November, 2017 compared to October, 2017 and represented 59.1% of total imports in November, 2017.
On the other hand, imports from other countries decreased by 9.8% compared to October, 2017.
Net Trade Balance on Registered Goods:
The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 6.8% in November, 2017 compared to October, 2017. It also decreased by 10.2% compared to November, 2016 and reached USD 348.4 million.
Note:
*: Includes actual data received from official sources