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

Palestine's trade deficit widened by 8 percent year-on-year to USD 373.8 million in October of 2017, from USD 320.6 USD million in the same month a year earlier, a preliminary estimate showed. Exports went up 9.6 percent over a year earlier to USD 86.5 million, with sales to Israel accounting for 88.3 percent of total shipments. Imports rose 15.2 percent year-on-year to USD 460.3 million, with purchases from Israel representing 56.5 percent. In September 2017, the trade deficit stood at USD 346.1 million. Balance of Trade in Palestine averaged -247.35 USD Million from 2001 until 2017, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-10-25 06:30 AM Balance of Trade $-403M $-367.8M $-342M
2017-11-23 09:00 AM Balance of Trade $-346.1M $-403M
2017-12-21 09:40 AM Balance of Trade $-373.8M $-346.1M
2018-01-23 07:00 AM Balance of Trade $-373.8M $ -362.1M
2018-02-21 07:30 AM Balance of Trade $ -356.7M
2018-03-21 07:00 AM Balance of Trade $ -356.9M


Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -373.80 -346.10 -66.79 -429.10 USD Million [+]
Exports 86.50 73.50 97.00 15.92 USD Million [+]
Imports 460.30 419.60 497.40 82.71 USD Million [+]
Current Account -443.70 -467.40 764.40 -1516.00 USD Million [+]
Current Account to GDP -10.10 -16.30 -8.10 -34.95 percent [+]
Terrorism Index 5.55 5.66 6.06 4.09 [+]
Tourist Arrivals 432.00 556.00 556.00 33.00 Thousand [+]
Foreign Direct Investment 2551.00 2578.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-373.80 -346.10 -66.79 -429.10 2001 - 2017 USD Million Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


Related

Latest