Ramallah:The Palestinian Central Bureau of Statistics (PCBS) has reported a significant increase in the trade balance deficit for registered goods, which grew by 17% in August 2026 compared to the same month in the previous year. The deficit reached USD 559.6 million.
According to Palestine news & Information Agency – WAFA – English, exports to Israel saw a notable rise of 29% in August 2026 compared to August 2025, accounting for 96% of the total exports for that month.
The PCBS also noted a decline in exports to other countries, which decreased by 46% during the same period.
Additionally, the bureau highlighted that imports of goods increased by 19% in August 2026 compared to August 2025, amounting to USD 776.6 million. Imports from Israel rose by 16%, making up 62% of the total imports in August 2026.
The overall trade balance, reflecting the difference between exports and imports, indicated an increase in the trade deficit by 17% in August 2026 compared to August 2025, reaching USD 559.6 million.