Exports in Israel
Israel - Exports
Exports and imports plummet in March, trade deficit widens
Merchandise exports fell 34.6% in USD terms in March, coming after February’s 4.7% decline, while imports were down 14.1% (February: -3.2% year-on-year). The falls were driven by Covid-19 related disruptions to activity, and saw the trade deficit widen from USD 1.4 billion in February to USD 2.1 billion in March.
Over the next few months, both exports and imports will likely remain hampered by supply chain disruptions and weaker economic momentum at home and abroad.
Our panelists see exports flatlining and imports expanding 1.9% in 2020, with a trade deficit of USD 18.3 billion. In 2021, panelists see exports and imports growing 2.9% and 4.2% respectively, with a trade deficit of USD 19.8 billion. 2020 figures will likely be subject to downward revisions in upcoming publications are panelists factor in recent trade data.
Israel - Exports Data
|Exports (USD billion)||57.1||55.6||57.2||58.9||59.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.98||-1.69 %||Jan 01|
|Exchange Rate||3.46||-0.37 %||Dec 31|
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November 25, 2021
The Bank of Israel’s Composite State of the Economy Index grew 0.25% month-on-month in seasonally-adjusted terms in October (September: 0.05% mom).
November 22, 2021
The Manufacturing Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the IPLMA, came in at 55.4 in October, down from September's 58.1.
November 22, 2021
At its 22 November meeting, the Bank of Israel (BoI) left the policy rate at 0.10%.
November 16, 2021
GDP growth waned to 2.4% in seasonally-adjusted annualized rate terms (SAAR) in the third quarter, from 13.7% in the second quarter.
November 15, 2021
Consumer prices rose 0.10% in October over the previous month, coming in below September's 0.20% increase.