RAMALLAH, Wednesday, November 24, 2021 (WAFA) - 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.