Israel recorded a trade deficit of 3179.10 USD Million in October of 2021. source: Central Bureau of Statistics, Israel

Balance of Trade in Israel averaged -558.69 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 -3810.10 USD Million in August 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 December of 2021.

Balance of Trade in Israel is expected to be -2160.00 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 -2160.00 USD Million in 2022, according to our econometric models.

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Israel Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-13 10:00 AM Sep $-2805.5M $-3810.1M $-2080M
2021-11-11 11:00 AM Oct $-3179.1M $-2502.6M $-2700M
2021-12-13 11:00 AM Nov $-3179.1M $-3000M


Related Last Previous Unit Reference
Balance of Trade -3179.10 -2502.60 USD Million Oct/21
Current Account 6498.10 6719.70 USD Million Jun/21
Exports 5158.90 3834.20 USD Million Oct/21
Imports 8338.00 6336.80 USD Million Oct/21
External Debt 148106.10 143474.30 USD Million Jun/21
Terms of Trade 89.55 91.68 points Jun/21
Capital Flows 4809.70 -1181.70 USD Million Jun/21
Foreign Direct Investment 101775.50 83286.10 USD Million Jun/21
Remittances 1466.60 1424.90 USD Million Jun/21
Tourist Arrivals 57.00 34.50 Thousand Oct/21

News Stream
Israel Trade Deficit widens in August
Israel’s trade deficit widened to UDS 3,953 million in August of 2021 from USD 2,149 million in the corresponding month of the previous year. It was the largest trade shortfall for an August month on record, as imports surged 46.2 percent from a year earlier to USD 8,329.2 million while exports rose at a slower 23.5 percent to USD 4,375.2 million.
2021-09-30
Israel Posts Record Trade Gap for July Month
Israel’s trade deficit widened to USD 3,117.5 million in July of 2021 from USD 2,239.7 million in the corresponding month of the previous year. It was the largest trade shortfall for a July month on record, as imports surged 28.6 percent from a year earlier to USD 7,379.6 million while exports climbed at a slower 21.8 percent to USD 4,262.1 million.
2021-08-12
Israel Trade Deficit at 6-Month High
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.
2021-07-13

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.