Israel Trade Deficit Largest Since 2022

2026-03-17 11:43 By Kyrie Dichosa 1 min. read

Israel’s trade deficit widened to USD 4.4 billion in February 2026, sharply above USD 2.5 billion in the same month last year.

This marks the largest figure since May 2022, as imports climbed 24.7% year-on-year to USD 8.8 billion, driven by a surge in transport equipment, ships, and aircraft (+1,951.9%), investment goods, total, excluding ships and aircraft (+74.9%), consumer goods (+23.7%), and raw materials, excluding diamonds and fuel (+17.3%).

Meanwhile, exports fell 3% to a five-month low of USD 4.5 billion.

For the first two months of the year, the trade deficit widened to USD 7.4 billion compared to USD 5.3 billion in the corresponding period in the previous year.



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Israel Trade Deficit Largest Since 2022
Israel’s trade deficit widened to USD 4.4 billion in February 2026, sharply above USD 2.5 billion in the same month last year. This marks the largest figure since May 2022, as imports climbed 24.7% year-on-year to USD 8.8 billion, driven by a surge in transport equipment, ships, and aircraft (+1,951.9%), investment goods, total, excluding ships and aircraft (+74.9%), consumer goods (+23.7%), and raw materials, excluding diamonds and fuel (+17.3%). Meanwhile, exports fell 3% to a five-month low of USD 4.5 billion. For the first two months of the year, the trade deficit widened to USD 7.4 billion compared to USD 5.3 billion in the corresponding period in the previous year.
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