Palestine Trade Gap Narrows in July
2026-09-23 08:01
By
Mariene Camarillo
1 min. read
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.