PCBS: Increase in registered exports and imports in Goods in June 2021

Registered exports and imports in goods increased in June 2021 compared to the previous month, according to the Palestinian Central Bureau of Statistics (PCBS).

PCBS said in a press statement that exports increased in June 2021 by 21% compared to May 2021. It also increased by 27% compared to June 2020 and reached USD 124.8 Million.

It added that exports to Israel increased in June 2021 by 22% compared to May 2021 and it represented 92% of total exports in June 2021.

At the same time, exports to other countries increased by 8% during the same period compared to May 2021.

As for the imports in Goods, they increased in June 2021 by 18% compared to May 2021. They also increased by 39% compared to June 2020 and reached USD 544.5 Million.

Imports from Israel increased by 9% in June 2021 compared to May 2021 and it represented 50% of total imports in June 2021.

At the same time, imports from other countries increased by 28% compared to May 2021.

The trade balance, which represents the difference between exports and imports, showed an increase in trade deficit by 17% in June 2021 compared to May 2021. It also increased by 42% compared to June 2020 and reached USD 419.7 Million.

Source: Palestinian News & Info Agency