According to a report by Palestinian Central Bureau of Statistics (PCBS), an increase in registered exports and imports in goods in November, 11/2022 compared to the previous month, has been noted.
Exports increased in November, 2022 by 14% compared to October, 2022. It also increased by 6% compared to November, 2021 and reached USD 157.4 Million.
Exports to Israel increased in November, 2022 by 11% compared to October, 2022 and it represented 82% of total exports in November, 2022
At the same time, exports to other countries increased by 27% during the same period compared to October, 2022.
Imports increased in November, 2022 by 9% compared to October, 2022. It also increased by 18% compared to November, 2021 and reached USD 750.6 Million.
Imports from Israel increased by 6% in November, 2022 compared to October, 2022 and it represented 57% of total imports in November, 2022.
At the same time, imports from other countries increased by 15% compared to October, 2022. Trade Balance on Registered Goods
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 8% in November, 2022 compared to October, 2022. It also increased by 22% compared to November, 2021 and reached USD 593.2 Million.
Source: Palestine News & Information Agency