Palestine Balance Of TradePalestine Balance Of TradePalestine Balance Of Trade

Palestine Balance Of Trade

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About Palestine Balance Of Trade

Category
Trade
Frequency
Monthly
Units
USD
Palestine reports chronic trade deficits due to the territories' inability to access key resources and because of the mobility restrictions imposed by Israel. Palestine mainly exports cement, base metals, iron and steel, food and beverages, furniture, plastics and dairy products. Palestine mainly imports oil, food, vegetables, machinery, metals, vehicles, chemicals, livestock, beverages and salt. Palestine's main trading partner is Israel (accounting for around 74 percent of total trade). Other trading partners include China, Turkey, Germany, Italy and France.