Palestine Balance of Trade  2001-2016 | Data | Chart | Calendar | Forecast

Palestine trade deficit decreased to USD 339.9 million in September of 2016 from USD 360.7 million a year earlier, as exports rose while imports fell, preliminary result showed. Year-on-year, sales surged 18.9 percent to USD 75.4 million while purchases decreased by 7.8 percent to USD 415.3 million. In August 2016, trade deficit came in at USD 360.7 million. Balance of Trade in Palestine averaged -239.78 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)
2016-09-26 07:00 AM Jul $-310.2M $-358.4M $ -378.1M
2016-10-23 07:00 AM Aug $-360.7M $-310.2M $ -328.1M
2016-11-22 07:00 AM Sep $-339.9M $-360.7M $ -384.1M
2016-12-26 07:00 AM Oct $-339.9M $ -313.8M
2017-09-26 07:00 AM Jul
2017-10-23 07:00 AM Aug




Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -339.90 -360.70 -66.79 -429.10 USD Million [+]
Exports 75.40 84.30 86.10 15.92 USD Million [+]
Imports 415.30 445.00 497.40 82.71 USD Million [+]
Current Account -391.50 -277.80 764.40 -1516.00 USD Million [+]
Current Account to GDP -10.90 -11.00 -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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-339.90 -360.70 -66.79 -429.10 2001 - 2016 USD Million Monthly



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