Palestine's trade deficit widened sharply to USD 553.6 million in April of 2022 from USD 373.2 million in the same month of the previous year. It was the second-largest trade deficit since the series began in 2001, as exports fell 3 percent from a year earlier to USD 110.8 million whereas imports surged 36 percent to USD 664.4 million. source: Palestinian Central Bureau of Statistics
Balance of Trade in Palestine averaged -277.56 USD Million from 2001 until 2022, reaching an all time high of -66.79 USD Million in April of 2002 and a record low of -595.60 USD Million in March of 2022. 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 June of 2022.
Balance of Trade in Palestine is expected to be -410.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Balance of Trade is projected to trend around -415.00 USD Million in 2023 and -438.00 USD Million in 2024, according to our econometric models.