An-Najah News - The Palestinian Central Bureau of Statistics stated that commodity exports dropped during February 2021 by 2%, compared to the previous month, while they increased by 26%, compared to February 2020, in which they reached the value of 99.9$ million.

The exports to the so called “Israel” decreased during February 2021 by 3%, compared to the last month, in which they constituted 86% of the total value of exports for February 2021, whereas the exports to the rest of the world increased by 4%, compared to the last month.

Commodity imports

The imports from Palestine declined during February 2021 by 8%, compared to the previous month, while they increased by 7%, compared to February last year, reaching to 451.9$ million.

The imports from the so called “Israel” decreased by 12%, compared to the last month to constitute 55% of the total value of imports for February 2021, as the imports from the rest of the world dropped by 3%, compared to the previous month.

The trade balance of goods

The balance of trade that shows the difference between the exports and the imports recorded a decline in the deficit by 10% during February 2021, compared to the previous month, while it increased by 3%, compared to February 2020, as the deficit reached 352$ million.