Palestinian economic activity with Israel increases
Relations between Israel and the Palestinian Authority warmed last year.
The Palestinian Authority (PA) announced today an increase in trade with Israel.
Exports to Israel increased 10% in November 2021 compared to the previous month. All in all, 84% of Palestinian exports went to Israel that month. Palestinian exports to anywhere totaled $148.5 million in November, the PA’s official WAFA news agency reported today.
Imports from Israel also increased 2% in November compared to October and accounted for 54% of Palestinian imports. Exports and imports to and from other countries also increased, according to WAFA.
The PA administers parts of the West Bank, while the Israeli military controls others as well as the territory’s borders. Most of the international community considers the West Bank occupied by Israel, though Israel disputes this. The PA has some autonomy when it comes to the Palestinian economy.