Israel Trade Balance July 2020

Israel: Merchandise exports decrease at sharper pace in July

Merchandise exports dived 16.7% on an annual basis in July, on the heels of June’s 4.2% decrease, as external demand remained tepid. Meanwhile, merchandise imports plummeted 18.9% on an annual basis in July (June: -9.3% yoy), potentially due to the re-imposition of some lockdown measures in the month. As a result, the merchandise trade balance deteriorated, recording a USD 2.3 billion deficit in July (June: USD 1.5 billion deficit). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 21.4 billion deficit in July, compared to the USD 22.1 billion deficit in June.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest