Israel Trade

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Israel: Exports contract less in October

November 11, 2015

According to the Central Bureau of Statistics (CBS), in October exports totaled USD 4.2 billion, which was an improvement over the USD 3.8 billion seen in September. The reading marked a 8.9% contraction over the same month last year (September: -24.2% year-on-year).

Meanwhile, imports totaled USD 5.2 billion in October, which was up from the USD 4.1 billion seen in September. October’s reading was a 6.1% decrease year-on-year, which was an improvement over the 27.5% decline observed in September.

The trade balance recorded a USD 1.1 billion shortfall in October, which was a deterioration over the USD 300 million deficit seen in September.

FocusEconomics Consensus Forecast panelists expect exports to expand 4.4% in 2015 and 6.9% in 2016.


Author:, Senior Economist

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Israel Trade Chart


Israel Trade October 2015

Note: 12-month sum of trade balance in USD billion and annual average variation of the 12-month sum of exports and imports.
Source: Central Bureau of Statistics (CBS) and FocusEconomics calculations.


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