The trade deficit in Israel was lower at USD 1553.8 million in October of 2020, compared to USD 2569.9 million a year earlier. Exports surged 17.1 percent year-on-year to USD 4160.9 million while imports declined 6.7 percent to USD 5714.7 million. source: Central Bureau of Statistics, Israel
Balance of Trade in Israel averaged -523.34 USD Million from 1959 until 2020, 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 November of 2020.
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 -2080.00 in 12 months time. In the long-term, the Israel Balance of Trade is projected to trend around -2160.00 USD Million in 2021, according to our econometric models.