Israel Balance of Trade  1959-2016 | Data | Chart | Calendar | Forecast

Israel recorded a trade deficit of USD 1.35 billion in October of 2016, compared to a USD 0.77 billion gap a year earlier as exports decreased by 25 percent to USD 3.36 billion while imports fell 10 percent to USD 4.71 billion. In September 2016, trade deficit was downwardly revised to USD 854.1 million. Balance of Trade in Israel averaged -447.99 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 -2334.00 USD Million in October of 2012.

Israel Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-13 10:00 AM Aug $-1964.8M $-1403.9M $-1652.5M
2016-10-30 11:00 AM Sep $-965.6M $-1964.8M $-1413.7M
2016-11-13 11:00 AM Oct $-1354M $-854.1M $ -1620M
2016-12-13 11:00 AM Nov $-1354M $ -1298.1M
2017-01-13 11:00 AM Dec
2017-02-11 11:00 AM Jan




Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1354.00 -854.10 113.80 -2334.00 USD Million [+]
Exports 3358.80 4736.00 5848.30 10.80 USD Million [+]
Imports 4712.80 5590.10 6987.10 33.10 USD Million [+]
Current Account 2665.20 2886.00 3782.70 -1750.20 USD Million [+]
Current Account to GDP 4.14 3.78 4.31 -8.37 percent [+]
External Debt 90577.20 92111.10 117188.00 18963.00 USD Million [+]
Terms of Trade 117.94 119.84 119.84 87.22 Index Points [+]
Capital Flows 769.20 578.20 16345.40 -7572.90 USD Million [+]
Foreign Direct Investment 15421.30 15222.80 20617.00 -9293.30 USD Million [+]
Remittances 1160.90 1221.70 1485.30 46.60 USD Million [+]
Tourist Arrivals 271.71 265.50 346.10 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-1354.00 -854.10 113.80 -2334.00 1959 - 2016 USD Million Monthly



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Australia -1227.00 Sep/16
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Bulgaria 89.40 Sep/16
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China 490.56 Oct/16
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Czech Republic 48390.46 Sep/16
Denmark 4458.60 Sep/16
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Ecuador 5050.00 Sep/16
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Germany 24400.00 Sep/16
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Iran 4258.00 Dec/15
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Ireland 3769800.00 Sep/16
Israel -1354.00 Oct/16
Italy 3669.89 Sep/16
Ivory Coast 1256.00 Dec/15
Jamaica -680800.00 Mar/16
Japan 496.17 Oct/16
Jordan -536755.50 Sep/16
Kazakhstan 1044.90 Sep/16
Kenya -78222.90 Sep/16
Kosovo -214200.00 Oct/16
Kuwait 1222.30 Jun/16
Kyrgyzstan -184.40 Sep/16
Laos -594.89 Dec/15
Latvia -87.10 Sep/16
Lebanon -1193.95 Sep/16
Lesotho -2324.11 Jun/16
Liberia -80.10 Jun/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -86.80 Sep/16
Luxembourg -0.43 Sep/16
Macau -5326200.00 Oct/16
Macedonia -177613.00 Oct/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 7600.00 Sep/16
Maldives -155.00 Aug/16
Mali -226.10 Sep/15
Malta -198470.00 Sep/16
Mauritania -79.64 Mar/16
Mauritius -6179.00 Sep/16
Mexico -900.00 Oct/16
Moldova -168.10 Sep/16
Monaco -104.50 Jun/16
Mongolia 72.90 Oct/16
Montenegro -138195.00 Oct/16
Morocco -12712.00 Sep/16
Mozambique -434.30 Sep/16
Myanmar -198.70 Feb/16
Namibia -8369.58 Jun/16
Nepal -77662.70 Mar/16
Netherlands 5421.00 Sep/16
New Caledonia -12812.00 Aug/16
New Zealand -846.00 Oct/16
Nicaragua -196.00 Aug/16
Niger -132100.00 Jun/16
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North Korea -476.67 Dec/15
Norway 10360.56 Oct/16
Oman 30.50 Jun/16
Pakistan -237429.00 Oct/16
Palestine -339.90 Sep/16
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Papua New Guinea 4636.00 Mar/16
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Poland -200.00 Sep/16
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Puerto Rico 747.70 Aug/16
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Republic of the Congo 4092.35 Dec/10
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Russia 7383.00 Sep/16
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Saudi Arabia 56231.00 Jun/16
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Singapore 5156.80 Oct/16
Slovakia 457.00 Sep/16
Slovenia 173.43 Sep/16
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South Africa -4410.97 Oct/16
South Korea 7992.05 Nov/16
South Sudan -104.70 Dec/15
Spain -2230800.00 Sep/16
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Suriname 42.20 Sep/16
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Tanzania -101.00 Sep/16
Thailand 250.00 Oct/16
Togo -74.03 Jun/16
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Tunisia -1454.50 Oct/16
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Turkmenistan 2181.97 Dec/15
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Ukraine -295.00 Sep/16
United Arab Emirates 328300.00 Dec/15
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