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

Palestine's trade deficit increased to USD 340.7 million in March of 2017 from USD 326.7 million in the same month a year earlier, preliminary result showed. Year-on-year, sales rose 12.5 percent to USD 86.7 million while purchases went up by 5.8 percent to USD 427.4 million. In February 2017, trade deficit stood at USD 334 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)
2017-03-21 07:00 AM Jan $-343M $-372M
2017-04-25 06:00 AM Feb $-334.0M $-343M $-370M
2017-05-22 09:10 AM Mar $-340.7M $-334.0M $-340M
2017-06-19 07:00 AM Apr $-340.7M
2017-07-24 07:00 AM May
2017-08-24 07:00 AM Jun




Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -340.70 -334.00 -66.79 -429.10 USD Million [+]
Exports 86.70 79.20 89.70 15.92 USD Million [+]
Imports 427.40 413.20 497.40 82.71 USD Million [+]
Current Account -365.10 -314.40 764.40 -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 2588.00 2504.00 2791.00 892.90 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-340.70 -334.00 -66.79 -429.10 2001 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17