Palestine’s trade deficit down by 5% in September compared to August and reaches $400m – PCBS

RAMALLAH, The Palestinian trade balance, which represents the difference between exports and imports, showed a decrease in trade deficit by 5% in September compared to August, while it increased by 22% compared to September 2020, and reached $400.2 million, today said the Palestinian Central Bureau of Statistics (PCBS).

Exports decreased in September by 19% compared to August, while they increased by 16% compared to September 2020 and reached $111.9 million, said the PCBS.

Exports to Israel decreased in September by 21% compared to August representing 91% of total exports in September.

On the other hand, exports to other countries increased by 10% during the same period compared to August.

Imports decreased in September by 9% compared to August, while it increased by 21% compared to September 2020 and reached $512.1 million, added PCBS.

Imports from Israel decreased by 1% in September compared to August, representing 60% of total September imports.

At the same time, imports from other countries decreased by 18% compared to August.

 

Source: Palestinian News & Info Agency

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