The Palestinian Central Bureau of Statistics (PCBS) announced that the deficit in the Palestinian trade balance (on registered goods) was 339.3 million dollars in December 2015, increasing by 1.2% in comparison to November 2015. It also increased by 1.0% compared to December 2014.

Palestinian exports decreased in December 2015 by 4.6% compared to November 2015. It also decreased by 3.4% compared to December 2014 and reached USD 77.6 million.

Exports to Israel increased in December 2015 by 3.6% compared to November 2015 and represented 86.0% of total exports in December 2015.

On the other hand, exports to other countries decreased by 35.9% during the same period compared to November 2015.

Moreover, imports slightly increased in December 2015 by 0.1% compared to November 2015. It also slightly increased by 0.2% compared to December 2014 and reached USD 416.9 million.

Imports from Israel decreased by 1.9% in December 2015 compared to November 2015 and represented 53.3% of total imports in December 2015.

On the other hand, imports from other countries increased by 2.4% compared to November 2015.

(Palestine Economy Portal)