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Home Archive 22/August/2019 10:06 AM

Exports and imports decrease by 13% and 7% respectively in June: PCBS

 

RAMALLAH, Thursday, August 22, 2019 (WAFA) - Exports decreased in June by 13% compared to May and imports decreased 7% compared during the same period, today said the Palestinian Central Bureau of Statistics (PCBS).

Exports also decreased by 4% compared to June 2018 and reached $78.3 million, while imports increased by 2% compared to June 2018 and reached $450.4 million, said the PCBS.

Exports to Israel decreased in June by 12% compared to May and it represented 91% of total exports in June.

At the same time, exports to other countries decreased by 16% during the same period compared to May and reached $6.8 million.

Imports from Israel decreased by 6% in June, 2019 compared to May and it represented 58% of total imports in June.

At the same time, imports from other countries decreased by 8% compared to May.

The trade balance which represents the difference between exports and imports showed a decrease in trade deficit by 5% in June compared to May. While It increased by 4% compared to June 2018 and reached $372.1 million.

M.K.

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