February 23, 2021

Exports on registered goods in Palestine in December increased by 10% compared to November - PCBS

categories : finance & economy

RAMALLAH, Monday, February 22, 2021 (WAFA) - Exports increased in December by 10% compared to November and it also increased by 16% compared to December 2019 and reached $128.3 million, today said the Palestinian Central Bureau of Statistics (PCBS).

Exports to Israel increased in December by 18% compared to November, and it represented 83% of total exports in December.

On the other hand, exports to other countries decreased by 19% during the same period compared to November.

Imports also increased in December by 15% compared to November, and it also increased by 1% compared to December 2019 and reached $515.4 million, said the PCBS.

Imports from Israel increased by 8% in December compared to November, and it represented 53% of total imports in December.

At the same time, imports from other countries increased by 24% compared to November.

The trade balance, which represents the difference between exports and imports, showed an increase in trade deficit by 17% in December compared to November, while it decreased by 3% compared to December 2019 and reached $387.1 million.

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