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

Israel trade deficit fell to $762.7 million in May of 2017, compared to a $1915.8 million gap a year earlier. Exports rose 13 percent to $4,885.9 million, driven by pharmaceutical products (169.9 percent), electrical equipment (51.9 percent), chemicals (16.8 percent) and jewellery (49.1 percent). Import decreased 9.5 percent to $5,648.6 million, dragged down by diamonds (-28.7 percent), fuels (-10.1 percent) and transport equipment (-11.5 percent). Balance of Trade in Israel averaged -451.34 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 Forecast (i)
2017-04-27 10:00 AM Mar $-1036.1M $-645.3M $-650M
2017-05-14 10:00 AM Apr $-1569.6M $-791.6M $-840M
2017-06-13 10:00 AM May -$762.7M $-1381.4M $-2100M
2017-07-13 10:00 AM Jun -$762.7M
2017-08-11 10:00 AM Jul
2017-09-13 10:00 AM Aug




Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -762.70 -1381.40 113.80 -2334.00 USD Million [+]
Exports 4885.90 3675.90 5848.30 10.80 USD Million [+]
Imports 5648.60 5057.30 6987.10 33.10 USD Million [+]
Current Account 2497.00 3239.00 4629.00 -1750.20 USD Million [+]
Current Account to GDP 3.60 4.30 4.40 -8.40 percent [+]
External Debt 90155.20 91079.80 117188.00 18963.00 USD Million [+]
Terms of Trade 112.75 112.75 120.76 87.22 Index Points [+]
Capital Flows 5963.60 3347.80 16345.40 -7572.90 USD Million [+]
Foreign Direct Investment 11067.40 10647.10 20617.00 -9293.30 USD Million [+]
Remittances 1245.80 1324.10 1530.60 46.60 USD Million [+]
Tourist Arrivals 346.89 349.20 349.20 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 Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-762.70 -1381.40 113.80 -2334.00 1959 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico -1079.20 May/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17