Palestinian Central Bureau of Statistics (PCBS)
An increase in Registered* Exports and Imports in Goods in August, 08/2023 compared to the previous month.
Exports in Goods
Exports increased in August, 2023 by 5% compared to July, 2023. While it decreased by 4% compared to August, 2022 and reached USD 148.3 Million.
Exports to Israel increased in August, 2023 by 3% compared to July, 2023 and it represented 90% of total exports in August, 2023.
At the same time, exports to other countries increased by 32% during the same period compared to July, 2023 and reached USD 14.8 Million.
Imports in Goods
Imports increased in August, 2023 by 7% compared to July, 2023. It also increased by 2% compared to August, 2022 and reached USD 747.2 Million.
Imports from Israel increased by 7% in August, 2023 compared to July, 2023 and it represented 58% of total imports in August, 2023.
At the same time, imports from other countries increased by 6% compared to July, 2023.
Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 7% in August, 2023 compared to July, 2023. It also increased by 4% compared to August, 2022 and reached USD 598.9 Million.