Israel Trade Deficit Widens in June
2026-07-13 10:19
By
Larissa Caser
1 min. read
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.