Israel Balance of Trade

Last Release

Mar 31, 2025

Actual

-2,868.6

Units In

USD Million

-2,472.3

Frequency

Monthly

Next Release

May 20, 2025

Time to Release

26 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
113.8 May 2009	-5,146.6 May 2022	-675.57 USD Million	1959-2025	N/A

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.

Latest Updates

Israel’s trade deficit widened to USD 2.87 billion in March 2025 from USD 2.48 billion in the corresponding month of the previous year, as the economy took in a relatively larger share of foreign goods. Imports rose by 6.5% from a year earlier to USD 8.32 billion, mainly due to increased purchases of investment goods (14.8%), consumer goods (8.6%) and raw materials (10.1%), while purchases decreased for fuels (-6.5%). In turn, exports grew by a softer 2.2% year-on-year to USD 5.45 billion, mainly attributed to higher sales of working of diamonds (5.3%) and manufacturing, mining and quarrying excluding working diamonds (3.3%).