The trade deficit of Palestine increased 2% last September

The trade deficit of Palestine increased 2% last September

A survey of the Central Statistics Agency in Palestine, whose results were published, showed the high deficit in the trade balance, which represents the difference between exports and imports, by 2% during the month of September, on a monthly basis, while increasing 46% over the 12 months ending in September, to reach $ 584 million.
Exports decreased during the month of September 2022 by 17% compared to the previous month, while it increased by 14% compared to September 2021, reaching $ 128.

1 million.
Exports to Israel decreased during the month by 14% compared to the previous month, and exports to Israel formed 94% of the total exports value for September 2022.
Exports to the rest of the world decreased by 50% compared to the previous month.
Imports decreased during the month of September 2022 by 2% compared to the previous month, while it increased by 39% compared to September 2021, reaching $ 712. 1 million.

Imports from Israel increased during the month by 6% compared to the previous month, and imports from Israel constituted 61% of the total value of imports for the month of September 2022, while imports from the rest of the world decreased by 14% compared to the previous month..

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