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PCBS | The Preliminary Results of the Palestinian Registered External Trade In Goods for May, 05/2024

Palestinian Central Bureau of Statistics (PCBS)

A decline in Registered* Exports and Imports of Goods in May, 05/2024 compared to May, 2023.

 

Exports in Goods

Exports decreased in May, 2024 by 12% compared to May, 2023 and reached USD 125.9 Million.

Exports to Israel decreased in May, 2024 by 10% compared to May, 2023 and it represented 91% of total exports in May, 2024.

At the same time, exports to other countries decreased by 28% during the same period compared to May, 2023.

 

Imports in Goods

Imports decreased in May, 2024 by 24% compared to May, 2023 and reached USD 545.1 Million.

Imports from Israel decreased by 18% in May, 2024 compared to May, 2023 and it represented 59% of total imports in May, 2024.

At the same time, imports from other countries decreased by 32% compared to May, 2023.


 

Trade Balance on Registered Goods

The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 27% in May, 2024 compared to May, 2023 and reached USD 419.2 Million.

 

 It is worth mentioning that the above figures are currently available only at the aggregate level, while the detailed data will be provided in the fourth quarter of next year.

(*): Includes actual data received from official sources.

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