Israel’s trade gap widened significantly to USD 2631.1 million in May of 2021 from USD 884.5 million In the corresponding month of the previous year. Imports plunged 49.7 percent from a year ago to USD 7120.2 million while exports fell at a slower 15.9 percent to 4489.1 million. source: Central Bureau of Statistics, Israel
Balance of Trade in Israel averaged -541.20 USD Million from 1959 until 2021, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3082.60 USD Million in December of 2019. This page provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Balance of Trade in Israel is expected to be -2080.00 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 -2160.00 in 12 months time. In the long-term, the Israel Balance of Trade is projected to trend around -2160.00 USD Million in 2022, according to our econometric models.