Israel Balance of Trade  1959-2018 | Data | Chart | Calendar | Forecast

The trade deficit in Israel increased 56.9 percent year-on-year to USD 3246.6 million in July of 2018 from USD 2068.9 million in the same month a year earlier. It was the largest trade gap on record, as imports jumped 25 percent to USD 7410.8 million, boosted by higher purchases of raw materials, excluding diamonds & fuels (23.2 percent); consumer goods (18.2 percent) and diamonds, fuels, ships & aircraft (53.4 percent). Meanwhile, exports rose at a softer 7.9 percent to USD 4164.2 million, mainly due to higher sales of manufacturing, mining & quarrying (5.7 percent); agriculture, forestry & fishing (17.4 percent) and ships, aircraft & diamonds (26.2 percent). Also, shipments of polished diamonds advanced 21.2 percent. Balance of Trade in Israel averaged -477.78 USD Million from 1959 until 2018, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3246.60 USD Million in July of 2018.

Israel Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-13 10:00 AM Balance of Trade $-2147.4M $-1892.9M $ -1340M
2018-07-12 10:00 AM Balance of Trade $-2555.1M $-1988.8M $ -2170M
2018-08-13 10:00 AM Balance of Trade $-3246.6M $-2250.3M $ -2450M
2018-09-13 10:00 AM Balance of Trade $-3246.6M $ -2500M
2018-10-26 10:00 AM Balance of Trade $ -1316M
2018-11-13 11:00 AM Balance of Trade $ -1300M


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -3246.60 -2250.30 113.80 -3246.60 USD Million [+]
Exports 4164.20 4420.90 5848.30 10.80 USD Million [+]
Imports 7410.80 6671.20 7410.80 33.10 USD Million [+]
Current Account 1881.00 2292.30 4600.80 -1750.20 USD Million [+]
Current Account to GDP 4.10 3.60 4.80 -8.40 percent [+]
External Debt 91240.80 89212.80 117188.00 18963.00 USD Million [+]
Terms of Trade 108.48 108.06 120.76 87.22 Index Points [+]
Capital Flows -2197.70 2474.50 18220.50 -7572.90 USD Million [+]
Foreign Direct Investment 32237.50 25050.00 32237.50 -10028.10 USD Million [+]
Remittances 1252.00 1193.40 1552.10 0.00 USD Million [+]
Tourist Arrivals 293.40 310.20 426.41 15.31 Thousand [+]
Weapons Sales 1263.00 1433.00 1433.00 4.00 USD Million [+]
Terrorism Index 5.06 5.25 6.86 4.92 [+]
Crude Oil Production 0.39 0.39 0.39 0.06 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Israel Balance of Trade

Israel has been recording trade deficits since 1959 mostly due to a lack of natural resources. Indeed, Israel major imports are: oil and other mineral fuels and uncut diamonds. Main exports are: cut diamonds, pearls and other precious metals and stones; electrical machinery and equipment, mechanical machinery and appliances and electronics. Israel´s main trading partner is the United States (28 percent of total exports and 12 percent of imports). Others include: Hong Kong, China, Belgium, Netherlands, Germany and United Kingdom. This page provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3246.60 -2250.30 113.80 -3246.60 1959 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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