Israel Balance Of TradeII

Israel Balance Of Trade

−2.68 BUSDR
+433.3 M+13.90%
As of December 18, 2024
USD
No trades
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Key data points


Last release
Dec 18, 2024
Observation period
Nov 2024
Next release
Tomorrow
Forecast
Highest
‪113.80 M‬USD on May 31, 2009
Lowest
‪−5.18 B‬USD on May 31, 2022

About Israel Balance Of Trade


Category
Trade
Frequency
Monthly
Units
USD
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.

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