Merchandise exports accelerate in September
Merchandise exports shot up 32.4% over the same month last year in September, following August’s 25.7% upturn. September’s result marked the most robust increase since March 2022. Meanwhile, merchandise imports soared 19.5% on an annual basis in September (August: +7.7% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 2.6 billion shortfall in September (August 2022: USD 3.4 billion deficit; September 2021: USD 2.6 billion deficit). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 40.2 billion deficit in September, compared to the USD 40.2 billion deficit in August.
Israel Merchandise Imports (ann. var. %) Data
|Merchandise Imports (ann. var. %)||6.8||12.2||-1.6||-6.2||29.0|