Palestine Trade Gap Highest Since 2023

2026-03-25 08:25 By Jereli Escobar 1 min. read

Palestine’s trade deficit widened to USD 539.2 million in January 2026 from USD 475.4 million in the same month a year earlier, hitting the largest trade deficit since September 2023.

Imports rose 15% year-on-year to USD 710.4 million, driven by a 26% increase in purchases from Israel, which accounted for 61% of total imports, while imports from other countries edged up by 1%.

Exports also increased by 22% to USD 171.2 million, supported by a 26% rise in shipments to Israel, representing 93% of total exports, while exports to other countries fell by 15%.



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Palestine Trade Gap Highest Since 2023
Palestine’s trade deficit widened to USD 539.2 million in January 2026 from USD 475.4 million in the same month a year earlier, hitting the largest trade deficit since September 2023. Imports rose 15% year-on-year to USD 710.4 million, driven by a 26% increase in purchases from Israel, which accounted for 61% of total imports, while imports from other countries edged up by 1%. Exports also increased by 22% to USD 171.2 million, supported by a 26% rise in shipments to Israel, representing 93% of total exports, while exports to other countries fell by 15%.
2026-03-25
Palestine Trade Gap Widens in December
Palestine’s trade deficit widened to USD 500.9 million in December 2025 from USD 434.4 million in the corresponding month a year earlier. Imports rose 15% year-on-year to USD 691.1 million, driven largely by a 24% increase in arrivals from Israel, representing 59% of total imports, while purchases from other countries also grew by 5%. Meanwhile, exports increased by 16% to USD 190.2 million, supported by a 22% jump in shipments to Israel, which accounted for 89% of total exports. In contrast, outbound shipments to other destinations decreased by 19% in December. For the full year, the trade gap expanded to USD 5,700.3 million from USD 4,817.9 million in the same month of the previous year.
2026-02-23
Palestine’s Trade Deficit Largest in 4-Months
Palestine’s trade deficit widened sharply to USD 519.4 million in November 2025 from USD 364.2 million a year earlier. This marked the largest shortfall since July, as imports rose more than exports. Imports surged 39% year-on-year to USD 703.8 million, driven largely by a 40% increase in arrivals from Israel, representing 58% of total imports, while purchases from other countries also grew by 38%. Meanwhile, exports advanced by 30% to USD 184.4 million, supported by a 43% jump in shipments to Israel, which accounted for 87% of total exports, while outbound shipments to other destinations decreased by 20% in November. Over the January-November period, the trade gap expanded to USD 4,724 million from USD 4,383.5 million in the corresponding month of the previous year.
2026-01-22