An increase in registered exports and imports in goods by 19% and 22% has been noted respectively in October 2021 compared to the previous month, according to a report by the Palestinian Central Bureau of Statistics (PCBS).
Exports increased in October 2021 by 19% compared to September 2021. It also increased by 34% compared to October 2020 and reached USD 132.9 Million.
Exports to Israel increased in October 2021 by 10% compared to September 2021 and it represented 85% of total exports in October 2021.
At the same time, exports to other countries increased by 104% during the same period compared to September 2021, and reached USD 20.2 Million.
Imports increased in October 2021 by 22% compared to September 2021. It also increased by 36% compared to October 2020 and reached USD 624.7 Million.
Imports from Israel increased by 10% in October 2021 compared to September 2021 and it represented 54% of total imports in October 2021.
At the same time, imports from other countries increased by 40% compared to September 2021.
The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 23% in October 2021 compared to September 2021. It also increased by 37% compared to October 2020 and reached USD 491.8 Million.
Source: Palestinian News & Info Agency