Palestine Trade Gap Widens in June
2026-08-24 08:20
By
Jereli Escobar
1 min. read
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.