srael’s trade deficit widened to USD 3129.8 million in June of 2021 from an upwardly revised USD 1598.6 million in the corresponding month of the previous year. It was the biggest trade shortfall since December 2020, as imports advanced 39.2 percent from a year earlier to USD 7660.3 million while exports rose at a softer 16.0 percent to USD 4530.5 million. source: Central Bureau of Statistics, Israel
Balance of Trade in Israel averaged -544.65 USD Million from 1959 until 2021, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3129.80 USD Million in June of 2021. This page provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Balance of Trade in Israel is expected to be -2080.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Israel to stand at -2160.00 in 12 months time. In the long-term, the Israel Balance of Trade is projected to trend around -2160.00 USD Million in 2022, according to our econometric models.