Palestine’s foreign trade during the first quarter of this year shows a marked increase over the same period last year, according to figures published by the U.S. Department of Commerce. Exports, led by oranges and polished diamonds, increased some 45 percent over the first quarter of last year. Imports were 33 percent higher.
The United States was Palestine’s best customer taking some $5,850,244 worth of goods during that period. The United Kingdom bought $5,391,100 worth of Palestinian products. Exports to European countries, especially Belgium, increased considerably. Egypt, Greece and Syria were important customers although exports to the Middle East declined generally.
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