FX.co ★ Palestine Trade Deficit at 8-Month Low

Palestine’s trade deficit narrowed to USD 471.5 million in March 2026, down from USD 491.5 million in the same month a year earlier, marking the smallest shortfall since June 2025, as export growth outpaced import growth. Exports surged 33% year-on-year to USD 171.8 million, largely reflecting a 36% increase in shipments to Israel, which accounted for 94% of total exports, while exports to other countries slipped by 1%. On the import side, total purchases rose 4% to USD 643.3 million, driven by an 18% increase in imports from Israel, representing 61% of total imports, whereas imports from other countries declined 13%. Over the January–February period, however, the trade deficit widened to USD 1,561.8 million from USD 1,438.1 million in 2025.