Israel recorded a trade deficit of 2412.50 USD Million in December of 2018. Balance of Trade in Israel averaged -489.79 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 -3347.90 USD Million in July of 2018.

Balance of Trade in Israel is expected to be -1484.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Israel to stand at -1500.00 in 12 months time. In the long-term, the Israel Balance of Trade is projected to trend around -1590.00 USD Million in 2020, according to our econometric models.

Israel Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-11 10:00 AM Balance of Trade $-1806.9M $-2507.5M $ -1316M
2018-11-13 11:00 AM Balance of Trade $-3004.1M $-1472.2 M $ -1300M
2018-12-13 11:00 AM Balance of Trade $-1862.4M $-2938.2M $ -750M
2019-01-13 11:00 AM Balance of Trade $-2412.5M $-1765.5M
2019-02-13 11:00 AM Balance of Trade $-2412.5M
2019-03-13 11:00 AM Balance of Trade
2019-04-25 10:00 AM Balance of Trade


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -2412.50 -1765.50 113.80 -3347.90 USD Million [+]
Current Account 1763.80 1787.50 4530.20 -1750.20 USD Million [+]
Current Account to GDP 4.10 3.60 4.80 -8.40 percent [+]
Imports 6708.90 6495.30 7537.40 33.10 USD Million [+]
Exports 4296.40 4729.80 5848.30 10.80 USD Million [+]
External Debt 92912.20 93283.70 117188.00 18963.00 USD Million [+]
Terms of Trade 105.70 108.64 120.76 87.22 Index Points [+]
Capital Flows -2301.30 3270.70 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 37190.50 35541.80 37190.50 -10028.10 USD Million [+]
Remittances 1191.50 1335.90 1541.60 46.60 USD Million [+]
Tourist Arrivals 325.60 388.80 485.80 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2412.50 -1765.50 113.80 -3347.90 1959 - 2018 USD Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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