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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PalestinePalestine Balance of Trade climbed to -521.3M in June 2026
FMPMonthlyReleased August 2026
Palestine Balance of Trade climbed to -521.3M in June 2026, released August 2026, up 5.1M from May's -526.4M reading. The reading missed the -480M consensus by 41.3M. The print is running well below the 12-month average of -490.69M. Over the past 3 months, Balance of Trade averaged -505.85M, vs -520.6M in the prior 3-month window. The reading is in the 21st percentile of the trailing 24-month range.
Latest Release
-521.3
Actual
-480
Consensus
-526.4
Previous
Median Absolute Error
±71.97 million
across last 12 releases
Last Call
Aug 2026
Predicted: -501.68
Actual: -521.3
Error: +19.62
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▲ Direct | +0.36 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.32 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Balance of Trade (Palestine) was reported at -521.30 million in August 2026. This missed the market consensus of -480.00 million by 41.30 million. The reading rose from the previous value of -526.40 million. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged -501.42 million, ranging from -539.20 million to -471.50 million across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -511.00 million, down from the prior three at -503.87 million. Volatility over the past year (σ 23.66 million) is lower than the prior year (σ 32.68 million).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GBP/USD (Bullish GBP). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 71.98 million.
WHAT TO WATCH NEXT
The next release is scheduled for September 23, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Balance of Trade - PS
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About Balance of Trade — Palestine
DEFINITION
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual -521.3 M, consensus -480 M. Prior reading (May 2026): -526.4 M. Before that (Apr 2026): -485.3 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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