Palestine Balance of Trade  2001-2017 | Data | Chart | Calendar | Forecast

Palestine trade deficit went up to USD 343 million in January of 2017 from USD 309.2 million a year earlier, preliminary result showed. Year-on-year, sales increased 27 percent to USD 79 million while purchases rose by 14 percent to USD 422 million. In December 2016, trade deficit came in at USD 372 million. Balance of Trade in Palestine averaged -240.21 USD Million from 2001 until 2016, reaching an all time high of -66.79 USD Million in April of 2002 and a record low of -429.10 USD Million in March of 2011.

Palestine Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-23 07:00 AM Nov $-387.8M $-320.6M
2017-02-21 07:30 AM Dec $-372M $-387.8M $-400M
2017-03-21 07:00 AM Jan $-343M $-372M
2017-04-24 07:00 AM Feb $-343M
2017-05-22 07:00 AM Mar
2017-06-22 07:00 AM Apr




Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -343.00 -372.00 -66.79 -429.10 USD Million [+]
Exports 79.00 85.00 89.70 15.92 USD Million [+]
Imports 422.00 457.00 497.40 82.71 USD Million [+]
Current Account -314.40 -391.50 764.40 -1516.00 USD Million [+]
Current Account to GDP -13.50 -16.90 -8.10 -34.95 percent [+]
Terrorism Index 5.66 5.00 6.06 4.09 [+]
Tourist Arrivals 556.00 545.00 556.00 33.00 Thousand [+]
Foreign Direct Investment 2504.00 2637.00 2791.00 892.90 USD Million [+]



Palestine Balance of Trade Notes

Palestine reports chronic trade deficits due to the territories' inability to access key resources and because of the mobility restrictions imposed by Israel. Palestine mainly exports cement, base metals, iron and steel, food and beverages, furniture, plastics and dairy products. Palestine mainly imports oil, food, vegetables, machinery, metals, vehicles, chemicals, livestock, beverages and salt. Palestine's main trading partner is Israel (accounting for around 74 percent of total trade). Other trading partners include China, Turkey, Germany, Italy and France. . This page provides the latest reported value for - Palestine Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Palestine Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-343.00 -372.00 -66.79 -429.10 2001 - 2017 USD Million Monthly



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Argentina -106.00 Jan/17
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Australia 1302.00 Jan/17
Austria -639.00 Dec/16
Azerbaijan 981353.00 Sep/16
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Bahrain 312.40 Dec/15
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Belgium 208.30 Jan/17
Belize -106.50 Jan/17
Benin -379.80 Dec/16
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Bolivia -265.44 Dec/16
Bosnia and Herzegovina -631299.06 Feb/17
Botswana -24.00 Dec/16
Brazil 4560.00 Feb/17
Brunei 369.10 Jan/17
Bulgaria -271.70 Jan/17
Burkina Faso -86.40 Mar/16
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Cambodia -994.90 Nov/16
Cameroon -1189.42 Dec/14
Canada 806.90 Jan/17
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Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 236.10 Feb/17
China -91.50 Feb/17
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Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -368.50 Feb/17
Croatia -3332.68 Jan/17
Cuba -9578.00 Dec/15
Cyprus -317903.00 Jan/17
Czech Republic 48458.00 Jan/17
Denmark 4999.40 Jan/17
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador -4135.00 Jan/17
Egypt -2334.00 Jan/17
El Salvador -412.80 Jan/17
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -430.33 Jan/17
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Euro Area -593.40 Jan/17
European Union -16240.40 Jan/17
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Finland -455.00 Jan/17
France -7940.00 Jan/17
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -411.80 Feb/17
Germany 14800.00 Jan/17
Ghana -452.40 Sep/16
Greece -2336.70 Jan/17
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Guinea 32.97 Sep/16
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Hungary 203000.00 Jan/17
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India -8896.30 Feb/17
Indonesia 1318.90 Feb/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 5745100.00 Jan/17
Israel -702.90 Feb/17
Italy -573.67 Jan/17
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 813.40 Feb/17
Jordan -709700.00 Jan/17
Kazakhstan 1289.20 Jan/17
Kenya -76470.00 Dec/16
Kosovo -174189.00 Feb/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -114.40 Dec/16
Laos -339.15 Jun/16
Latvia -175.40 Jan/17
Lebanon -1372.78 Jan/17
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -214.10 Jan/17
Luxembourg -0.37 Dec/16
Macau -5586600.00 Jan/17
Macedonia -119844.00 Jan/17
Madagascar 20810.00 Dec/16
Malawi -53950.00 Mar/16
Malaysia 4711.86 Jan/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -366567.00 Jan/17
Mauritania -79.64 Mar/16
Mauritius -8644.00 Jan/17
Mexico -3294.00 Jan/17
Moldova -127.30 Jan/17
Monaco -165.20 Sep/16
Mongolia 183.00 Feb/17
Montenegro -70238.00 Jan/17
Morocco -16689.00 Dec/16
Mozambique -434.30 Sep/16
Myanmar -303.20 May/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 4582.00 Jan/17
New Caledonia -7307.00 Oct/16
New Zealand -18.29 Feb/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 23539.00 Feb/17
Oman 205.90 Nov/16
Pakistan -293929.00 Feb/17
Palestine -343.00 Jan/17
Panama -894143.61 Jan/17
Papua New Guinea 4593.00 Sep/16
Paraguay 100105.00 Feb/17
Peru 150.00 Jan/17
Philippines -2313784.93 Jan/17
Poland 225.00 Jan/17
Portugal -940.50 Jan/17
Puerto Rico 2830.80 Dec/16
Qatar 10981.00 Jan/17
Republic of the Congo 4092.35 Dec/10
Romania -602.20 Jan/17
Russia 11445.00 Jan/17
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 73133.00 Sep/16
Senegal -149.50 Jan/17
Serbia -319.10 Jan/17
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Sierra Leone -52.89 Jun/16
Singapore 7752.90 Feb/17
Slovakia 152.00 Jan/17
Slovenia 45.30 Jan/17
Somalia -1473.48 Dec/15
South Africa -10811.59 Jan/17
South Korea 7220.00 Feb/17
South Sudan -104.70 Dec/15
Spain -3134000.00 Jan/17
Sri Lanka -910.00 Jan/17
Sudan -477522.00 Dec/16
Suriname 154.40 Dec/16
Swaziland -320.72 Jun/16
Sweden 1500.00 Jan/17
Switzerland 3105.00 Feb/17
Syria 9394.50 Dec/10
Taiwan 3360.00 Feb/17
Tajikistan -117.70 Jan/17
Tanzania -26.00 Nov/16
Thailand 1610.00 Feb/17
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia 1288.80 Feb/17
Turkey -4308.50 Jan/17
Turkmenistan 2181.97 Dec/15
Uganda -192.30 Jan/17
Ukraine -86.70 Jan/17
United Arab Emirates 328300.00 Dec/15
United Kingdom -1966.00 Jan/17
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Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -2000.00 Feb/17
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16