Israel recorded a trade deficit of 1065.70 USD Million in February of 2019. Balance of Trade in Israel averaged -491.84 USD Million from 1959 until 2019, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3347.90 USD Million in July of 2018.

Balance of Trade in Israel is expected to be -1484.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Israel to stand at -1500.00 in 12 months time. In the long-term, the Israel Balance of Trade is projected to trend around -1590.00 USD Million in 2020, according to our econometric models.

Israel Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-13 11:00 AM Balance of Trade $-1862.4M $-2938.2M $ -750M
2019-01-13 11:00 AM Balance of Trade $-2412.5M $-1765.5M
2019-02-13 11:00 AM Balance of Trade $-1921.7M $-1881.3M $ -1550M
2019-03-13 11:00 AM Balance of Trade $-1065.7M $-1925.6M $ -2180M
2019-04-25 10:00 AM Balance of Trade $-1065.7M
2019-05-13 10:00 AM Balance of Trade
2019-06-13 10:00 AM Balance of Trade


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1065.70 -1925.60 113.80 -3347.90 USD Million [+]
Current Account 4187.00 2879.00 4430.00 -1750.20 USD Million [+]
Current Account to GDP 4.10 3.60 4.80 -8.40 percent [+]
Imports 6113.90 6521.50 7537.40 33.10 USD Million [+]
Exports 5048.20 4595.90 5848.30 10.80 USD Million [+]
External Debt 92080.60 92912.20 117188.00 18963.00 USD Million [+]
Terms of Trade 105.70 108.64 120.76 87.22 Index Points [+]
Capital Flows 1464.20 -2301.30 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 44442.90 37190.50 44442.90 -10028.10 USD Million [+]
Remittances 1284.70 1191.50 1541.60 46.60 USD Million [+]
Tourist Arrivals 342.30 285.30 485.80 15.31 Thousand [+]
Terrorism Index 4.58 5.06 6.86 4.58 [+]
Weapons Sales 1263.00 1433.00 1433.00 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

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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1065.70 -1925.60 113.80 -3347.90 1959 - 2019 USD Million Monthly




Country Last Previous
Argentina 372.00 Jan/19
Australia 4549.00 Jan/19
Brazil 3670.00 Feb/19
Canada -4593.40 Dec/18
China 41.18 Feb/19
Euro Area 1547.90 Jan/19
France -4195.00 Jan/19
Germany 14500.00 Jan/19
India -9600.00 Feb/19
Indonesia 329.50 Feb/19
Italy 321.80 Jan/19
Japan 339.00 Feb/19
Mexico -4809.60 Jan/19
Netherlands 2868.00 Jan/19
Russia 13368.00 Jan/19
Saudi Arabia 184673.00 Sep/18
Singapore 5198.50 Feb/19
South Africa -13082.76 Jan/19
South Korea 3098.00 Feb/19
Spain -4483276.00 Jan/19
Switzerland 2037.56 Feb/19
Turkey -2503.45 Jan/19
United Kingdom -3825.00 Jan/19
United States -59769.00 Dec/18


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