Palestinian Central Bureau of Statistics (PCBS)
A decrease in Trade Balance Deficit on Registered* Goods by 1% in July,07/2019
Exports in Goods
Exports increased in July, 2019 by 5% compared to June, 2019. While it decreased by 10% compared to July, 2018 and reached USD 82.2 Million.
Exports to Israel increased in July, 2019 by 6% compared to June, 2019 and it represented 92% of total exports in July, 2019.
On the other hand, exports to other countries decreased by 4% during the same period compared to June, 2019 and reached USD 6.5 Million.
Imports in Goods
Imports increased in July, 2019 by 6% compared to June, 2019. While it decreased by 3% compared to July, 2018 and reached USD 475.6 Million.
Imports from Israel increased by 6% in July, 2019 compared to June, 2019. And it decreased from Value added tax vouchers (VAT) by 17% compared to the same period 2018. Imports from Israel represented 58% of total imports in July, 2019.
At the same time, imports from other countries increased by 5% compared to June, 2019.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 6% in July, 2019 compared to June, 2019. While it decreased by 1% compared to July, 2018 and reached USD 393.4 Million.