Israel Balance of Trade  1959-2017 | Data | Chart | Calendar | Forecast

Israel trade deficit narrowed to USD 1,844 million in August 2017 from USD 1,941 million in the same month a year earlier. Exports jumped 12 percent from a year earlier to USD 4,262 million while imports increased at a slower 6.3 percent to USD 6,106 million. Considering January to August 2017, the trade deficit widened to USD 9.14 billion from USD 9.07 billion in the same period a year earlier. Balance of Trade in Israel averaged -456.49 USD Million from 1959 until 2017, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -2334 USD Million in October of 2012.

Israel Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-13 10:00 AM Balance of Trade $-1258.8M -$723.6M -$600M
2017-08-13 11:00 AM Balance of Trade $-2254.4M $-1209.0M
2017-09-13 10:30 AM Balance of Trade $-1844.2M $-2084.6M
2017-10-26 11:00 AM Balance of Trade $-1844.2M
2017-11-13 11:00 AM Balance of Trade
2017-12-13 11:00 AM Balance of Trade


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1844.20 -2084.60 113.80 -2334.00 USD Million [+]
Exports 4261.70 3843.30 5848.30 10.80 USD Million [+]
Imports 6105.90 5927.90 6987.10 33.10 USD Million [+]
Current Account 2349.40 2419.10 4622.20 -1810.90 USD Million [+]
Current Account to GDP 3.60 4.30 4.40 -8.40 percent [+]
External Debt 92656.60 90155.20 117188.00 18963.00 USD Million [+]
Terms of Trade 113.73 115.18 120.76 87.22 Index Points [+]
Capital Flows -42974.00 5114.10 16345.40 -42974.00 USD Million [+]
Foreign Direct Investment 12614.40 11658.30 21277.70 -10028.10 USD Million [+]
Remittances 1167.80 1252.60 1552.10 0.00 USD Million [+]
Tourist Arrivals 278.50 253.77 349.24 15.31 Thousand [+]
Terrorism Index 5.25 6.03 6.86 4.92 [+]
Weapons Sales 1260.00 694.00 1260.00 4.00 USD Million [+]
Crude Oil Production 0.40 0.40 0.40 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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1844.20 -2084.60 113.80 -2334.00 1959 - 2017 USD Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17