Palestinian exports in December 2021 increased by 23 percent compared to the same month the previous year, and reached $158.3 million, according to data from the Palestinian Central Bureau of Statistics (PCBS).
The rise in exports was 7 percent when compared to November of the same year.
Exports to Israel increased in December by 12 percent compared to November and it represented 87 percent of total December exports
Exports to other countries decreased by 19 percent during the same period.
Imports increased in December by 1 percent compared to November.
It also increased by 24 percent compared to December 2020 and reached $638.4 million, said the PCBS.
Imports from Israel decreased by 5 percent in December compared to November.
It represented 51 percent of total imports in December.
Meanwhile, imports from other countries increased by 7 percent in December compared to November.
The trade balance, which represents the difference between exports and imports, showed a decrease in trade deficit by 1 percent in December 2021 compared to November 2021.
It increased by 24 percent compared to December 2020 and reached $480.1 million.