Palestine Trade Deficit at 8-Month Low
2026-05-25 08:05
By
Mariene Camarillo
1 min. read
Palestine’s trade deficit narrowed to USD 471.5 million in March 2026 from USD 491.5 million in the corresponding month of the previous year, marking the smallest deficit since June 2025, as exports rose more than imports.
Exports jumped 33% year-on-year to USD 171.8 million, driven largely by a 36% rise in shipments to Israel, representing 94% of total exports, while sales to other countries dropped by 1%.
Meanwhile, imports rose by 4% to USD 643.3 million, lifted by an 18% increase in purchases from Israel, representing 61% of total imports, while purchases from other countries dropped 13%.
Over the January–February period, the trade gap expanded to USD 1,561.8 million from USD 1,438.1 million in 2025.