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Israel Balance of Trade
Last Release
Apr 30, 2025
Actual
-3,639.4
Units In
USD Million
Previous
-2,734.5
Frequency
Monthly
Next Release
Jun 16, 2025
Time to Release
1 Months 1 Days 8 Hours
Highest | Lowest | Average | Date Range | Source |
113.8 May 2009 | -5,146.6 May 2022 | -679.12 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 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.
Israel Balance of Trade History
Last 12 readings