Key data points
Last release
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Observation period
Oct 2024
Next release
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Forecast
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Highest
113.80 M USD on May 31, 2009
Lowest
−5.18 B USD on May 31, 2022
About 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.