Sana'a: The Palestinian Central Bureau of Statistics (PCBS) revealed that the trade deficit, which represents the difference between exports and imports, increased by 15% in May 2026 compared to May 2025, reaching $526.4 million. According to Yemen News Agency, the PCBS explained that exports rose by 25% in May 2026 compared to May 2025, reaching a value of $193.3 million. It was noted that exports to the occupied territories of 1948 increased by 33% in May 2026 compared to May 2025, representing 96% of the total value of exports for that month. Meanwhile, exports to the rest of the world decreased by 45% compared to May 2025. Imports also showed an upward trend in May 2026, increasing by 18% compared to May 2025, with a total value of $719.7 million. Imports from the occupied territories of 1948 increased by 42% in May 2026 compared to May 2025, constituting 65% of the total value of imports for that month. In contrast, imports from the rest of the world decreased by 10% compared to May 2025.
Related Articles
Gold Prices Fall Below $4,000 Amid Strong Dollar and Eased Trade Tensions
Moscow: Gold prices fell below $4,000 an ounce on Tuesday as the dollar remained near its highest level in more than three months. The decline in the likelihood of another US interest rate cut in December and the easing of trade tensions between the U…
Economy Acting Minister Highlights Innovation at Construction Exhibition
Sana’a: Acting Minister of Economy, Industry and Investment, Sam Al-Bashiri, visited the Fifth Construction and Building Exhibition, organized collaboratively by the Ministries of Economy, Industry and Investment, and Transport and Public Works. Durin…
South Korea’s Foreign Exchange Reserves Rise for Third Consecutive Month
Seoul: South Korea’s foreign exchange reserves rose for the third consecutive month in August, supported by a rise in the value of assets denominated in currencies other than the US dollar and increased investment returns.
According to Yemen News Age…