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Palestinian companies export $8.1 million worth of products in July

Aug. 22, 2017 2:22 P.M. (Updated: Aug. 28, 2017 10:45 A.M.)
(File)
BETHLEHEM (Ma'an) -- Palestinian companies exported products worth a total of $8.1 million in the month of July to the United States, Jordan, and the United Arab Emirates, according to the Palestinian Ministry of National Economy.

The ministry said in a statement Tuesday that the number of Certificates of Origin (CO) increased by 3.1 percent in July compared to June, while the number of certificates increased by 2.9 percent compared to July 2016. The statement said the ministry approved 462 certificates in July, 2017.

The Tubas district in the northern occupied West Bank led with 42.6 percent of the total CO’s followed by Hebron with 25.8 percent, and Bethlehem with 14.7.

In terms of the value of certificates, Jericho and the Jordan Valley district came first with a 22.9 percent increase, followed by Bethlehem at 19.4 percent, and Hebron at 17.5 percent.

Meanwhile, Jordan ranked as the top destination for the exports, receiving 32.5 percent of COs, followed by the United States with 29.7 percent, then the UAE with 15.6 percent. Jordan also received the most exports in terms of value, with 60.9 percent of the total value of Palestinian exports being sent there, followed by the United States at 12 percent and the UAE with 8.6 percent.

Agricultural products represented 47.2 percent of the COs, followed by marble and stone products with 35.7 percent. In terms of the value of exported products, marble and stone products came first with 27.2 percent of the value of the exported products, followed by metal products which constituted 25 percent of proceeds of exported products.

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