The trade deficit in Israel narrowed to USD 2,882.3 million in February 2024 from USD 3,142.9 million in the same month a year earlier. Year-on-year exports increased by 6.4% to USD 4,898 million, mainly due to a 7.7% rise in sales excluding ships, aircraft & diamonds. On the other hand, imports decreased by 0.4% to USD 7,720 million. source: Central Bureau of Statistics, Israel
Israel recorded a trade deficit of 2822.30 USD Million in February of 2024. Balance of Trade in Israel averaged -646.18 USD Million from 1959 until 2024, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -5178.20 USD Million in May of 2022. 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 March of 2024.
Israel recorded a trade deficit of 2822.30 USD Million in February of 2024. Balance of Trade in Israel is expected to be -4710.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Balance of Trade is projected to trend around -2000.00 USD Million in 2025, according to our econometric models.