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PCBS | The Preliminary Results of the Palestinian Registered External Trade In Goods for May, 05/2023

Palestinian Central Bureau of Statistics (PCBS)

 

An increase in Registered* Exports and Imports in Goods in May, 05/2023

compared to the previous month.

Exports in Goods

Exports increased in May, 2023 by 27% compared to April, 2023. It also increased by 21% compared to May, 2022 and reached USD 142.7 Million.

Exports to Israel increased in May, 2023 by 29% compared to April, 2023 and it represented 88% of total exports in May, 2023.

At the same time, exports to other countries increased by 16% during the same period compared to April, 2023.

Imports in Goods

Imports increased in May, 2023 by 24% compared to April, 2023. It also increased by 7% compared to May, 2022 and reached USD 720.3 Million.

Imports from Israel increased by 14% in May, 2023 compared to April, 2023 and it represented 54% of total imports in May, 2023.

 

At the same time, imports from other countries increased by 38% compared to April, 2023.

 

Trade Balance on Registered Goods

The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 23% in May, 2023 compared to April, 2023. It also increased by 4% compared to May, 2022 and reached USD 577.6 Million.

 (*): Includes actual data received from official sources.

 

 

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