RAMALLAH, January 23, 2017 (WAFA) - Exports increased in November by 13.7% compared to October and increased by 10.3% compared to November 2015 and reached $89.7 million, the Palestinian Central Bureau of Statistics (PCBS) said on Monday.
Exports to Israel increased in November 2016 by 12.3% compared to October and represented 82.5% of total exports.
At the same time, exports to other countries increased by 20.5% during the same period, said the PCBS.
Imports increased in November by 19.5% compared to October. It also increased by 14.6% compared to November 2015 and reached $477.5 million.
Imports from Israel slightly decreased by 0.3% in November compared to October and represented 53.5% of total imports.
On the other hand, imports from other countries increased by 54.9% in November compared to October.
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 21.0% in November compared to October. It also increased by 15.7% compared to November 2015 and reached $387.8 mmillion.
M.K.
