Israel Trade Gap Widens as Imports Surge
2025-05-13 10:51
By
Joana Ferreira
1 min. read
Israel’s trade deficit widened sharply to USD 3.64 billion in April 2025, up from USD 2.18 billion a year earlier.
Imports jumped 15.8% to USD 7.76 billion, fueled by strong increases in purchases of consumer goods (21.2%), raw materials (24.8%), investment goods (31.1%), and ships and aircraft (534.3%).
In contrast, fuel imports fell by 33.8%.
Meanwhile, exports dropped 8.8% to USD 4.12 billion, weighed down by declines in manufacturing and mining (-11.9%) and agricultural goods (-12.6%).
For the first four months of 2025, the trade deficit widened to USD 11.63 billion, compared to USD 9.87 billion in the same period last year.