Palestine Balance of Trade  2001-2018 | Data | Chart | Calendar | Forecast

Palestine trade deficit widened 7.9 percent to USD 396.8 million in July 2018 from USD 367.8 million in the same month of the previous year. Imports increased 6.9 percent from a year ago to USD 487.9 million. Meanwhile, exports went up 2.6 percent from a year ago to USD 91.1 million. Balance of Trade in Palestine averaged -250.20 USD Million from 2001 until 2018, 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 Actual Previous Consensus TEForecast
2018-07-23 07:00 AM Balance of Trade $-399.3M $-382M $ -420M
2018-08-27 04:15 AM Balance of Trade $-359.5M $-399.3M $ -377.9M
2018-09-24 02:00 AM Balance of Trade $-396.8M $-359.5M $ -385M
2018-10-25 06:30 AM Balance of Trade $-396.8M $ -399M
2018-11-22 09:00 AM Balance of Trade $ -370.4M
2018-12-24 07:00 AM Balance of Trade $ -375M


Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -396.80 -359.50 -66.79 -429.10 USD Million [+]
Exports 91.10 81.30 97.00 15.92 USD Million [+]
Imports 487.90 440.80 497.40 82.71 USD Million [+]
Current Account -373.30 -442.10 764.40 -1516.00 USD Million [+]
Current Account to GDP -10.80 -14.50 -8.10 -34.95 percent [+]
Terrorism Index 5.55 5.66 6.06 4.09 [+]
Tourist Arrivals 400.00 432.00 556.00 33.00 Thousand [+]
Foreign Direct Investment 2683.00 2703.00 2791.00 892.90 USD Million [+]

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



Palestine Balance of Trade

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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-396.80 -359.50 -66.79 -429.10 2001 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1447.00 Sep/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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