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

The trade deficit in Israel rose by 41.8 percent year-on-year to USD 1,806.9 million in September of 2018 from USD 1,274.1 million in the corresponding month of the previous year. It was the largest trade gap for a September month since series began in 1959. Exports slumped 18 percent from a year earlier to USD 3,277.7 million and imports went down 3.6 percent to USD 5,084.6 million. Considering the January to September period, the trade deficit widened by 81.8 percent to USD 18,798 million from USD 10,343 million in the same period of 2017, as imports jumped 18.6 percent to USD 58,961.3 million while exports increased at much softer 2.1 percent to USD 40,183 million. Balance of Trade in Israel averaged -482.62 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 -3353.60 USD Million in July of 2018.

Israel Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-13 10:00 AM Balance of Trade $-3246.6M $-2250.3M $ -2450M
2018-09-17 10:10 AM Balance of Trade $-2733.5M $-3353.6M $ -2500M
2018-10-11 10:00 AM Balance of Trade $-1806.9M $-2507.5M $ -1316M
2018-11-13 11:00 AM Balance of Trade $-1806.9M $ -1300M
2018-12-13 11:00 AM Balance of Trade $ -750M


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1806.90 -2507.50 113.80 -3353.60 USD Million [+]
Exports 3277.70 4510.00 5848.30 10.80 USD Million [+]
Imports 5084.60 7017.50 7411.00 33.10 USD Million [+]
Current Account 795.00 1473.00 4612.00 -1750.20 USD Million [+]
Current Account to GDP 4.10 3.60 4.80 -8.40 percent [+]
External Debt 93283.70 91240.80 117188.00 18963.00 USD Million [+]
Terms of Trade 108.64 108.48 120.76 87.22 Index Points [+]
Capital Flows -1194.40 -2898.10 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 36924.80 32606.50 36924.80 -10028.10 USD Million [+]
Remittances 1236.80 1288.50 1541.60 46.60 USD Million [+]
Tourist Arrivals 281.70 278.80 426.29 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1806.90 -2507.50 113.80 -3353.60 1959 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1447.00 Sep/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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