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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May 16, 2022
GDP fell 1.6% in seasonally-adjusted annualized rate terms (SAAR) in the first quarter, contrasting the 15.6% expansion tallied in the fourth quarter of last year and undershooting market expectations of modest growth.
May 15, 2022
Consumer prices rose 0.77% in April over the previous month, picking up from the 0.58% rise logged in March.
May 15, 2022
Merchandise exports rose 14.6% year-on-year in April (March: +35.9% year-on-year).
May 1, 2022
The Bank of Israel’s Composite State of the Economy Index expanded 0.19% month-on-month in seasonally-adjusted terms in March (February: +0.10% mom).
April 15, 2022
Consumer prices rose 0.58% in March over the previous month, below the 0.68% increase logged in February.