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2019-06-26

PCBS: an increase in Trade Balance Deficit on Registered Goods by 14% in April 2019

Ramallah – Palestine Economy Portal

Exports in Goods

PCBS released a report regarding the decrease of exports in April 2019 by 3%, compared to March 2019. The exports also decreased by 1% compared to April 2018, it reached 90.7 million USD.

Exports to Israel slightly decreased in April 2019 by 0.4%, compared to last month. The Israeli Exports formed 87% of the total exports in April 2019. Exports to other countries also decreased by 19% compared to March 2019, it reached 12 million USD.

Imports in Goods

Imports increased by 11% in April 2019 compared to march 2019. It also increased by 7% compared to April 2018, it reached 504.7 million USD.

Exports from Israel increased by 12% in April 2019, compared to March 2019. Israeli Exports formed 58% of the total imports in April 2019. Exports from other countries increased by 9% compared to March 2019.

Trade Balance on Registered Goods

The trade balance, which represents the difference between the exports and imports, increased its deficits by 14% in April 2019, compared to March 2019. It also increased by 8% compared to April 2018, the trade balance deficit reached 414 million USD.