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An increase in Registered Exports and Imports in Goods in May

Palestinian Central Bureau of Statistics (PCBS)

An increase in Registered* Exports and Imports in Goods in May

compared to the previous month

Exports in Goods

Exports increased in May, 2022 by 6% compared to April, 2022. It also increased by 14% compared to May, 2021 and reached USD 118 Million.

Exports to Israel increased in May, 2022 by 8% compared to April, 2022 and it represented 92% of total exports in May, 2022.

On the other hand, exports to other countries decreased by 12% during the same period compared to April, 2022.

Imports in Goods

Imports increased in May, 2022 by 2% compared to April, 2022. It also increased by 46% compared to May, 2021 and reached USD 674.4 Million.

Imports from Israel decreased by 1% in May, 2022 compared to April, 2022 and it represented 56% of total imports in May, 2022.

On the other hand, imports from other countries increased by 4% compared to April, 2022.

Trade Balance on Registered Goods

The trade balance which represents the difference between exports and imports showed an increase in trade deficit by 1% in May, 2022 compared to April, 2022. It also increased by 55% compared to May, 2021 and reached USD 556.4 Million.

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