West Bank and Gaza Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
West Bank and Gaza's trade balance was $-7.0B in 2025, ranked 149th globally. This represents a 30.3% decrease from 2024. Data from World Bank, covering 1994–2025.
Overview
West Bank and Gaza's trade balance stood at $-7.0B in 2025, a decline of +$1.6B from 2024. Based on recent trends, this figure is projected to reach $-7.0B by 2025. West Bank and Gaza ranked 149th globally.
The West Bank and Gaza’s trade balance has remained persistently negative, widening from an all‑time peak of –1,631,200,000.00 in 1994 to a trough of –8,724,600,000.00 in 2022, before improving slightly to –7,011,170,000.00 in 2025, which places the territory at rank 149 globally. Over the 32‑year series, the deficit has expanded by more than fourfold, reflecting limited export diversification and a reliance on imported goods and services. Compared with regional peers, the deficit is marginally smaller than Jordan’s –7,288,788,732.39 but larger than Uganda’s –6,026,932,607.66, underscoring a structural imbalance that outpaces many comparable economies. The modest rebound in 2025 suggests that incremental policy measures, such as enhancing local production capacity and reducing trade barriers, could temper the deficit’s trajectory, although sustained improvements will require deeper structural reforms and greater integration into regional value chains.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-7.1B | - | - |
| 2026* trend | $-7.0B | - | - |
| 2025* trend | $-7.0B | - | - |
| 2025 | $-7.0B | −$1.6B | #149 |
| 2024 | $-5.4B | +$2.5B | #29 |
| 2023 | $-7.9B | +$864.0M | #25 |
| 2022 | $-8.7B | −$1.8B | #31 |
| 2021 | $-7.0B | −$1.3B | #23 |
| 2020 | $-5.7B | +$822.0M | #22 |
| 2019 | $-6.5B | −$76.7M | #23 |
| 2018 | $-6.4B | −$458.3M | #27 |
| 2017 | $-6.0B | −$303.0M | #24 |
| 2016 | $-5.7B | −$263.2M | #27 |
| 2015 | $-5.4B | −$351.8M | #28 |
| 2014 | $-5.0B | −$314.7M | #27 |
| 2013 | $-4.7B | −$305.9M | #31 |
| 2012 | $-4.4B | −$505.0M | #31 |
| 2011 | $-3.9B | −$26.8M | #34 |
Detected Pattern
Analysis
West Bank and Gaza matched the Export Boom Cycle pattern in 2008. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's trade balance was $-7.0B in 2025. Ranked 149th globally. This represents a 30.3% decrease from the previous year.
West Bank and Gaza's trade balance peaked at $-1.6B in 1994.
The lowest trade balance in West Bank and Gaza was $-8.7B in 2022.
West Bank and Gaza ranks 149th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
West Bank and Gaza's trade balance is projected to reach $-7.0B by 2025 based on trend extrapolation.
The trade balance of West Bank and Gaza in 2025 was $-7.0B. This ranks 149th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_trade-balance,
title = {West Bank and Gaza Trade Balance},
url = {https://historysaid.com/west-bank-and-gaza/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}