July trade deficit for targeted goods drops 6%

The Central Bureau of Statistics reported that the Palestinian merchandise trade deficit decreased by 6% in July 2026 compared to the same month last year, reaching $492.2 million. Export values increased by 32%, totaling $208.9 million, with a significant 35% rise in exports to Israel, which accounted for 96% of total exports. Conversely, imports grew by 2%, amounting to $701.1 million, with a 12% increase in imports from Israel, representing 61% of total imports. This resulted in a 6% reduction in the trade deficit.

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