Israel’s trade deficit widened sharply to USD 5.8 billion in August 2026 from USD 3.4 billion in the same month a year earlier. This marked the largest deficit on record, as import growth far outpaced exports. Imports surged 40.9% year-on-year to USD 11.1 billion, driven by higher purchases of fuels (+172.6%), investment goods (+68.1%), consumer goods (+29.4%), and raw materials (+24.1%). Meanwhile, exports rose 19.3% to USD 5.3 billion, driven largely by increased shipments of manufactured, mining, and quarrying products excluding diamonds (+23.9%), which more than offset declines in wholesale diamond shipments (-77.7%) and agriculture, forestry, and fishing (-9.5%). In the January–August period, the trade deficit expanded by 32.6% to USD 34.1 billion from USD 25.7 billion in the same period last year. source: Central Bureau of Statistics, Israel

Israel recorded a trade deficit of 5794.40 USD Million in August of 2026. Balance of Trade in Israel averaged -730.48 USD Million from 1959 until 2026, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -5794.40 USD Million in August of 2026. 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 September of 2026.

Israel recorded a trade deficit of 5794.40 USD Million in August of 2026. Balance of Trade in Israel is expected to be -4400.00 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 -3600.00 USD Million in 2027 and -3500.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-13 10:00 AM
Balance of Trade
Jul $-4099.8M $-4373.2M $-3750.0M
2026-09-14 10:00 AM
Balance of Trade
Aug $-5794.4M $-4227.3M $-2700.0M
2026-10-15 10:00 AM
Balance of Trade
Sep $-5794.4M $ -4400M


Related Last Previous Unit Reference
Balance of Trade -5794.40 -4227.30 USD Million Aug 2026
Capital Flows 3776.00 2624.00 USD Million Jun 2026
Current Account -524.20 -825.50 USD Million Jun 2026
Exports 5344.00 5467.30 USD Million Aug 2026
External Debt 187248.00 174560.00 USD Million Jun 2026
Foreign Direct Investment 199111.50 188265.80 USD Million Jun 2026
Imports 11138.40 9694.60 USD Million Aug 2026
Remittances 1620.10 1626.50 USD Million Jun 2026
Terms of Trade 84.70 89.23 points Jun 2026
Tourist Arrivals YoY 115.90 109.30 Thousand Aug 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-5794.40 -4227.30 113.80 -5794.40 1959 - 2026 USD Million Monthly
NSA

News Stream
Israel Trade Deficit Hits Record High in August
Israel’s trade deficit widened sharply to USD 5.8 billion in August 2026 from USD 3.4 billion in the same month a year earlier. This marked the largest deficit on record, as import growth far outpaced exports. Imports surged 40.9% year-on-year to USD 11.1 billion, driven by higher purchases of fuels (+172.6%), investment goods (+68.1%), consumer goods (+29.4%), and raw materials (+24.1%). Meanwhile, exports rose 19.3% to USD 5.3 billion, driven largely by increased shipments of manufactured, mining, and quarrying products excluding diamonds (+23.9%), which more than offset declines in wholesale diamond shipments (-77.7%) and agriculture, forestry, and fishing (-9.5%). In the January–August period, the trade deficit expanded by 32.6% to USD 34.1 billion from USD 25.7 billion in the same period last year.
2026-09-14
Israel Trade Deficit Narrows in July
Israel’s trade deficit narrowed slightly to USD 4.1 billion in July 2026, from USD 4.2 billion in the same month a year earlier. Exports rose 10.2% year-on-year to USD 5.62 billion, supported by stronger shipments of manufactured, mining and quarrying products excluding diamonds (10.2%), as well as diamond exports (49.9%). Meanwhile, imports increased 4.2% to USD 9.72 billion, driven by higher purchases of fuels (47.8%) and raw materials (4.5%), while consumer goods (0.5%) and investment goods (0.4%) recorded more modest gains. In the first seven months of 2026, the trade deficit widened 26.3% to USD 28.2 billion, from USD 22.3 billion in the same period of 2025.
2026-08-13
Israel Trade Deficit Widens in June
Israel's trade deficit widened to USD 4.21 billion in June 2026, up from USD 3.06 billion in the same month a year earlier. Exports surged 57.7% year-on-year, accelerating from a 38.0% increase in May, to USD 5.98 billion, driven by stronger shipments from the manufacturing, mining, and quarrying sectors excluding diamonds (58.6%) as well as the agriculture and forestry sectors (1.6%). Meanwhile, imports climbed 48.8%, accelerating from 25.9% in the previous month, to USD 10.2 billion, supported by higher purchases of investment goods (72.8%), consumer goods (59.7%), raw materials (37.1%), and fuels (36.9%). In the first half of 2026, Israel's trade deficit widened 32.2% to USD 23.89 billion, compared with USD 18.07 billion in the corresponding period of the previous year.
2026-07-13