Decrease in the Palestinian Trade Balance Deficit for Recorded Goods by 5% During August
Local Economy

Decrease in the Palestinian Trade Balance Deficit for Recorded Goods by 5% During August

SadaNews Economy - The Palestinian Central Bureau of Statistics reported that merchandise exports increased by 29% in August 2025 compared to August 2024, reaching a value of 176.6 million US dollars.

Exports to Israel also rose by 32% in August 2025 compared to August 2024, accounting for 92% of the total export value for August 2025. Additionally, exports to other countries increased by 5% compared to August 2024.

Merchandise Imports

Imports saw a growth of 2% in August 2025 compared to August 2024, totaling 653.2 million US dollars.

Imports from Israel increased by 14% in August 2025 compared to August 2024, making up 64% of the total import value for August 2025. Meanwhile, imports from other countries decreased by 13% compared to August 2024.
 
Trade Balance for Recorded Goods

The trade balance, which represents the difference between exports and imports, recorded a 5% decrease in the deficit value in August 2025 compared to August 2024, with a deficit amounting to 476.6 million US dollars.