Palestinian Central Bureau of Statistics (PCBS)
An increase in Exports on Registered* Goods in December, 2020 by 10%
compared to November,2020/11
Exports in Goods
Exports increased in December 2020 by 10% compared to November, 2020. It also increased by 16% compared to December, 2019 and reached USD 128.3 Million.
Exports to Israel increased in December, 2020 by 18% compared to November, 2020 and it represented 83% of total exports in December, 2020.
On the other hand, exports to other countries decreased by 19% during the same period compared to November, 2020.Imports in Goods
Imports increased in December, 2020 by 15% compared to November, 2020. It also increased by 1% compared to December, 2019 and reached USD 515.4 Million.
Imports from Israel increased by 8% in December, 2020 compared to November, 2020 and it represented 53% of total imports in December, 2020.
At the same time, imports from other countries increased by 24% compared to November, 2020.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 17% in December, 2020 compared to November, 2020. While it decreased by 3% compared to December, 2019 and reached USD 387.1 Million.