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PCBS: Exports, Imports Increase in March 2015

RAMALLAH, May 25, 2015 (WAFA) – The Palestinian Central Bureau of Statistics (PCBS) released its External Trade on Goods report on Monday for March 2015, saying exports increased by 15.0% compared to February and reached $78.2 million.

PCBS said that exports increased by 6.7% compared to March 2014 and reached $78.2 Million.

 Exports to Israel in March 2015 also increased by 14.5% compared to February, and represented 87.3% of total exports for March 2015.

 On the other hand, exports to other countries increased by 17.7% in March 2015 compared to the previous month.

 The report said imports increased in March 2015 by 15.8% compared to February, reaching $400.3 million.

 Imports from Israel increased by 12.6% in March 2015 compared to February, and represented 60.1% of total imports in March 2015.

 On the other hand, imports from other countries increased by 209% compared to the previous month.

 The trade balance, which represents the difference between exports and imports, showed an increase in trade deficit by 15.9% in March 2015 compared to February, reaching $322.1 million.

T.R.

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