Israel Trade Gap Widens in May

2026-06-14 23:28 By Joshua Ferrer 1 min. read

Israel’s trade balance recorded a deficit of USD 3.69 billion in May 2026, widening from USD 3.35 billion from the corresponding month of the previous year.

Exports surged by 38% year-on-year to USD 6.05 billion, reaching the highest since March 2022, led by increases in shipments from the manufacturing, mining, and quarrying sectors excluding diamonds (42.3%) and agriculture, forestry, and fishing (24.2%).

Meanwhile, imports rose by 25.9% to USD 9.74 billion, the highest level in four years, driven by higher purchases of fuels (75%), raw materials (23%), and investment goods (19.8%).

For the first five months of the year, the country’s trade deficit expanded to USD 19.13 billion compared to USD 15.01 billion a year earlier.



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Israel Trade Gap Widens in May
Israel’s trade balance recorded a deficit of USD 3.69 billion in May 2026, widening from USD 3.35 billion from the corresponding month of the previous year. Exports surged by 38% year-on-year to USD 6.05 billion, reaching the highest since March 2022, led by increases in shipments from the manufacturing, mining, and quarrying sectors excluding diamonds (42.3%) and agriculture, forestry, and fishing (24.2%). Meanwhile, imports rose by 25.9% to USD 9.74 billion, the highest level in four years, driven by higher purchases of fuels (75%), raw materials (23%), and investment goods (19.8%). For the first five months of the year, the country’s trade deficit expanded to USD 19.13 billion compared to USD 15.01 billion a year earlier.
2026-06-14
Israel Trade Gap Widens in April
The trade deficit in Israel increased to $4.19 billion in April 2026, the largest trade gap on record for an April month, compared to a $3.58 billion shortfall a year earlier. Imports soared more than 18% to $9.185 billion, the highest in nine months, led by increases in purchases of raw materials (11.8%), consumer goods (16.3%) and fuels (72.9%). Exports surged 19.1% to $4.997 billion, reaching their highest level in three months, driven by a 24.9% increase in shipments from the manufacturing, mining, and quarrying sectors excluding diamonds, which together account for around 96% of total exports.
2026-05-13
Israel Trade Balance Widens
Israel posted a trade deficit of $3.11 billion in March of 2026, widening from the $2.8 billion in the corresponding period of the previous year. It marked the widest gap in the month of March since 2022, when the Russian invasion of Ukraine triggered a surge in energy imports even bigger than the current energy crunch due to the war in between Israel and Iran. Imports rose by 0.8% annually to $8.4 billion, amid higher purchases of fuels (24.6% to $799 million) and capital goods (14.1% to $1.5 billion). Exports fell by 4.3% annually to $5.3 billion, dented by a drop sales of in manufactured goods (-3.1% to $5.0 billion).
2026-04-23