RAMALLAH, September 28, 2011 (WAFA) – Palestinian exports to Israel represented 90.3% of total exports in July 2011, while imports from Israel represented 60.0% of total imports to the Palestinian Territory in the same period, Wednesday said a press release by the Palestinian Central Bureau of Statistics (PCBS).

Overall exports decreased in July 2011 by 26.1% compared to June, reaching US$53.9 million. Exports to Israel decreased in July 2011 by 26.1%, while exports to other countries decreased by 26.0% during the same period, said PCBS.

Overall imports to the Palestinian Territory decreased in July 2011 by 6.0% compared to June and reached $344.7 million; imports from Israel decreased by 13.4% in July, while imports from other countries increased by 8.0% in the same period, added the report.

PCBS concluded that the trade balance, which represents the difference between exports and imports, showed a decrease in trade deficit by 1.0% compared to June 2011 and reached $290.8 million.

R.Q./F.J.