Israël Balance Commerciale

Israel’s trade deficit widened sharply to USD 4.29 billion in December 2024 from USD 2.46 billion in the same month last year, as imports rose much faster than exports. Year-on-year, imports jumped 25.8% to USD 9.55 billion, mainly driven by increased purchases of consumer goods (41.5%), raw materials (33%), and investment goods (32.5%). Meanwhile, exports rose at a softer 2.4% to USD 5.25 billion, primarily due to higher sales of agriculture, forestry & fishing (14.7%) and manufacturing, mining & quarrying, excluding diamonds (1.4%).