Israel Balança Comercial

Israel’s trade deficit widened to USD 2.68 billion in November 2024 from 2.04 billion in the same month last year, as imports rose much faster than exports. Imports climbed 15.7% year-on-year to USD 7.45 billion, mainly driven by increased purchases of consumer goods (45.7%), raw materials (8.7%), and investment goods (22.4%). Meanwhile, exports rose 8.2% to USD 4.77 billion, primarily due to higher sales of agriculture, forestry & fishing (11.8%) and manufacturing, mining & quarrying, excluding diamonds (9.3%).