Palestine’s trade deficit narrowed to USD 492.2 million in July 2026 from USD 526.2 million in the corresponding month a year earlier. Exports jumped 32% year-on-year to USD 208.9 million, driven largely by a 35% increase in sales to Israel, which accounted for 96% of total exports. In contrast, shipments to other countries fell by 14%. Meanwhile, imports rose 2% to USD 701.1 million, lifted by a 12% rise in purchases from Israel, which represented 61% of total imports, while exports to other countries dropped by 9%. In the January–July period, the country’s trade deficit recorded a deficit of USD 3,587.0 million, up from USD 3,236.6 million in the corresponding period last year. source: Palestinian Central Bureau of Statistics

Palestine recorded a trade deficit of 492.20 USD Million in July of 2026. Balance of Trade in Palestine averaged -312.57 USD Million from 2001 until 2026, reaching an all time high of -66.79 USD Million in April of 2002 and a record low of -598.90 USD Million in August of 2023. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-24 08:00 AM
Balance of Trade
Jun $-521.3M $-526.4M $-480.0M
2026-09-23 08:00 AM
Balance of Trade
Jul $-492.2M $-521.3M $-570.0M
2026-10-22 08:00 AM
Balance of Trade
Aug $-492.2M


Related Last Previous Unit Reference
Balance of Trade -492.20 -521.30 USD Million Jul 2026
Current Account -546.00 -337.00 USD Million Mar 2026
Exports 208.90 213.40 USD Million Jul 2026
Foreign Direct Investment 3820.00 3770.00 USD Million Mar 2026
Imports 701.10 734.70 USD Million Jul 2026


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. .
Actual Previous Highest Lowest Dates Unit Frequency
-492.20 -521.30 -66.79 -598.90 2001 - 2026 USD Million Monthly

News Stream
Palestine Trade Gap Narrows in July
Palestine’s trade deficit narrowed to USD 492.2 million in July 2026 from USD 526.2 million in the corresponding month a year earlier. Exports jumped 32% year-on-year to USD 208.9 million, driven largely by a 35% increase in sales to Israel, which accounted for 96% of total exports. In contrast, shipments to other countries fell by 14%. Meanwhile, imports rose 2% to USD 701.1 million, lifted by a 12% rise in purchases from Israel, which represented 61% of total imports, while exports to other countries dropped by 9%. In the January–July period, the country’s trade deficit recorded a deficit of USD 3,587.0 million, up from USD 3,236.6 million in the corresponding period last year.
2026-09-23
Palestine Trade Gap Widens in June
Palestine’s trade deficit widened to USD 521.3 million in June 2026 from USD 388.4 million in the corresponding month a year earlier. Exports rose 74% year-on-year to USD 213.4 million, supported by a 79% increase in sales to Israel, which accounted for 96% of total exports. Exports to other countries also increased by 6%. Meanwhile, imports climbed 44% to USD 734.7 million, driven by a 63% increase in imports from Israel, which represented 62% of total imports. At the same time, purchases from other countries rose 20%. In January-June, the country’s trade deficit widened to USD 3,094.8 million from USD 2,710.4 million in the corresponding period last year.
2026-08-24
Palestine Trade Gap Widens in May
Palestine’s trade deficit widened to USD 526.4 million in May 2026 from USD 455.9 million in the same month a year earlier. Exports increased 25% from a year earlier to USD 193.3 million, driven mainly by a 33% rise in shipments to Israel, which accounted for 96% of total exports. In contrast, exports to other countries decreased by 45%. Meanwhile, imports rose 18% year-on-year to USD 719.7 million. Imports from Israel surged 42% and representing 65% of total imports, while purchases from other countries declined 10% compared with May 2025. Over the January-May period, the trade gap expanded to USD 2,573.5 million from USD 2,322.0 million in the corresponding period of 2025.
2026-07-23