Israel Balance of Trade  1959-2017 | Data | Chart | Calendar | Forecast

Israel recorded a trade deficit of $1.4 billion in December of 2016, compared to a $1 billion gap a year earlier. Exports increased by 7.8 percent to $4.7 billion, boosted by sales of electronic components and boards (+6.2 percent); pharmaceutical products (+38.7 percent); fabricated metal products (+21 percent) and diamonds (+38.3 percent). Imports rose 12.7 percent to $6.1 billion, driven by higher purchases of diamonds (+22 percent); transport equipment (+187 percent); fuels (+24.4 percent) and machinery and equipment (+30.3 percent) In 2016, trade deficit increased 68 percent to $13.1 billion, as exports fell 2.9 percent while imports rose 6.1 percent. Balance of Trade in Israel averaged -448.91 USD Million from 1959 until 2016, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -2334 USD Million in October of 2012.

Israel Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-13 11:00 AM Oct $-1354M $-854.1M $ -1620M
2016-12-13 11:00 AM Nov $-713.9M $-1284.4 M
2017-01-12 11:00 AM Dec $-1442.8M $-457.4M
2017-02-13 11:00 AM Jan $-1442.8M
2017-03-13 11:00 AM Feb
2017-04-13 10:00 AM Mar




Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1442.80 -457.40 113.80 -2334.00 USD Million [+]
Exports 4716.90 4788.90 5848.30 10.80 USD Million [+]
Imports 6159.70 5246.30 6987.10 33.10 USD Million [+]
Current Account 2760.00 3519.00 3707.00 -1750.20 USD Million [+]
Current Account to GDP 4.14 3.78 4.31 -8.37 percent [+]
External Debt 90698.40 91309.40 117188.00 18963.00 USD Million [+]
Terms of Trade 112.75 117.94 120.76 87.22 Index Points [+]
Capital Flows 4241.90 970.70 16345.40 -7572.90 USD Million [+]
Foreign Direct Investment 8556.30 14778.30 20617.00 -9293.30 USD Million [+]
Remittances 1264.40 1530.60 1530.60 46.60 USD Million [+]
Tourist Arrivals 248.60 287.90 346.10 15.31 Thousand [+]
Terrorism Index 5.25 6.03 6.86 4.92 [+]
Weapons Sales 710.00 400.00 753.00 4.00 USD Million [+]
Crude Oil Production 0.40 0.40 0.40 0.06 BBL/D/1K [+]



Israel Balance of Trade Notes

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. This page provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1442.80 -457.40 113.80 -2334.00 1959 - 2016 USD Million Monthly



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Afghanistan -7159.00 Dec/15
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Angola 4470.03 Jun/16
Argentina 100.00 Nov/16
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Australia 1243.00 Nov/16
Austria -465.00 Oct/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
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Belarus -340.90 Nov/16
Belgium 2456.70 Nov/16
Belize -153.10 Nov/16
Benin -278.15 Sep/16
Bhutan -26021.60 Dec/15
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -499648.55 Nov/16
Botswana -2508.80 Oct/16
Brazil 4415.00 Dec/16
Brunei 246.20 Oct/16
Bulgaria -241.80 Nov/16
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Cambodia -554.50 Sep/16
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Canada 526.40 Nov/16
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Chad 1166.10 Dec/11
Chile 1226.87 Dec/16
China 408.18 Dec/16
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Congo 1001.80 Dec/14
Costa Rica -569.90 Nov/16
Croatia -3668.67 Nov/16
Cuba -9578.00 Dec/15
Cyprus -338508.00 Nov/16
Czech Republic 37502.29 Nov/16
Denmark 5123.30 Nov/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -39175.91 Jun/16
Ecuador -112866.00 Nov/16
Egypt -3166.00 Oct/16
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Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
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Ethiopia -3254.50 Jun/16
Euro Area 25941.20 Nov/16
European Union 6900.10 Nov/16
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Finland -150.00 Nov/16
France -4377.00 Nov/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -766.50 Dec/16
Germany 22618.00 Nov/16
Ghana -452.40 Sep/16
Greece -1554.80 Nov/16
Guatemala -691.30 Nov/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -556.90 Sep/16
Hong Kong -34053.00 Nov/16
Hungary 280000.00 Nov/16
Iceland -4400.00 Dec/16
India -10369.40 Dec/16
Indonesia 992.10 Dec/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 4044600.00 Nov/16
Israel -1442.80 Dec/16
Italy 4202.85 Nov/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
Kenya -73063.30 Oct/16
Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -208.00 Nov/16
Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
Mauritius -8218.00 Oct/16
Mexico 200.00 Nov/16
Moldova -135.80 Nov/16
Monaco -104.50 Jun/16
Mongolia 362.30 Dec/16
Montenegro -132470.00 Nov/16
Morocco -13866.00 Nov/16
Mozambique -434.30 Sep/16
Myanmar -181.40 Apr/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
Nicaragua -212.90 Sep/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -320.60 Oct/16
Panama -961388.00 Nov/16
Papua New Guinea 3223.00 Jun/16
Paraguay -453352.00 Dec/16
Peru 279.00 Nov/16
Philippines -2566000.00 Nov/16
Poland 102.00 Nov/16
Portugal -790.68 Nov/16
Puerto Rico 2801.60 Oct/16
Qatar 9630.00 Nov/16
Republic of the Congo 4092.35 Dec/10
Romania -865.50 Nov/16
Russia 9137.00 Nov/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -29.78 Sep/16
Saudi Arabia 73133.00 Sep/16
Senegal -201.40 Nov/16
Serbia -320.40 Nov/16
Seychelles -44.02 Nov/16
Sierra Leone -52.89 Jun/16
Singapore 6120.70 Dec/16
Slovakia 287.00 Nov/16
Slovenia -15.23 Nov/16
Somalia -1473.48 Dec/15
South Africa -1091.85 Nov/16
South Korea 7000.00 Dec/16
South Sudan -104.70 Dec/15
Spain -1246304.00 Nov/16
Sri Lanka -922.00 Nov/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland 1037.15 Mar/16
Sweden -1100.00 Nov/16
Switzerland 3636.00 Nov/16
Syria 9394.50 Dec/10
Taiwan 4864.00 Dec/16
Tajikistan -188.00 Nov/16
Tanzania -88.90 Oct/16
Thailand 1540.00 Nov/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -992.50 Dec/16
Turkey -4113.35 Nov/16
Turkmenistan 2181.97 Dec/15
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Ukraine -235.50 Nov/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4167.00 Nov/16
United States -45240.00 Nov/16
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Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -494.00 Dec/16
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16