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

Israel trade deficit jumped to $1,569.6 million in April of 2017, compared to a $692.3 million gap a year earlier. It was the largest deficit since August 2016 as exports decreased 10.54 percent year-on-year to $3,465.4 million while import increased 10 27 percent to $5,035 million. Considering the first four months of 2017, the deficit widened to $3.64 billion from $3 billion a year earlier. Balance of Trade in Israel averaged -451.33 USD Million from 1959 until 2017, 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)
2017-03-13 11:00 AM Feb $-702.9M $-721M $-900M
2017-04-27 10:00 AM Mar $-1036.1M $-645.3M $-650M
2017-05-14 10:00 AM Apr $-1569.6M $-791.6M $-840M
2017-06-13 10:00 AM May $-1569.6M
2017-07-13 10:00 AM Jun
2017-08-11 10:00 AM Jul




Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1569.60 -791.60 113.80 -2334.00 USD Million [+]
Exports 3465.40 4900.40 5848.30 10.80 USD Million [+]
Imports 5035.00 5692.00 6987.10 33.10 USD Million [+]
Current Account 3257.00 1912.00 3721.00 -1750.20 USD Million [+]
Current Account to GDP 4.30 4.00 4.40 -8.40 percent [+]
External Debt 91079.80 90698.40 117188.00 18963.00 USD Million [+]
Terms of Trade 112.75 112.75 120.76 87.22 Index Points [+]
Capital Flows 3347.80 4241.90 16345.40 -7572.90 USD Million [+]
Foreign Direct Investment 10647.10 8556.30 20617.00 -9293.30 USD Million [+]
Remittances 1324.10 1264.40 1530.60 46.60 USD Million [+]
Tourist Arrivals 349.20 293.00 349.20 15.31 Thousand [+]
Terrorism Index 5.25 6.03 6.86 4.92 [+]
Weapons Sales 1260.00 694.00 1260.00 4.00 USD Million [+]
Crude Oil Production 0.39 0.39 0.39 0.06 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1569.60 -791.60 113.80 -2334.00 1959 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17