Israel: Trade balance, in dollars

* indicates monthly or quarterly data series
 Israel

Trade balance, billion USD

 Latest value 12.94
 Year 2024
 Measure billion U.S. dollars
 Data availability 1960 - 2024
 Average -0.32
 Min - Max -8.24 - 13.79
 Source The World Bank
 Available for Data download
The latest value from 2024 is 12.94 billion U.S. dollars, a decline from 13.44 billion U.S. dollars in 2023. In comparison, the world average is 6.57 billion U.S. dollars, based on data from 157 countries. Historically, the average for Israel from 1960 to 2024 is -0.32 billion U.S. dollars. The minimum value, -8.24 billion U.S. dollars, was reached in 1996 while the maximum of 13.79 billion U.S. dollars was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Israel: Trade balance, in dollars
 2024 12.94
 2023 13.44
 2022 10.95
 2021 13.79
 2020 12.99
 2019 6.48
 2018 2.33
 2017 5.97




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 93.30 2024 percent
 Trade openness 52.99 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 27.56 2025 percent
 Exports, billion dollars 168.32 2025 billion U.S. dollars
 Growth of exports 5.71 2025 percent
 Imports, percent of GDP 25.43 2025 percent
 Imports, billion dollars 155.33 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.29 2025 percent
 Foreign Direct Investment, billion dollars 14.78 2024 billion U.S. dollars
 Portfolio investment inflows, equities 5,134.10 2025 million dollars (current)
 Current account, percent of GDP 1.40 2025 percent
 Current account, in dollars 8.53 2025 billion U.S. dollars
 Current Account, quarterly -0.27 6/2026 percent
 Trade balance, percent of GDP 2.13 2025 percent
 Trade balance, in dollars 12.94 2024 billion U.S. dollars
 Reserves 229.49 2025 billion U.S. dollars
 Remittances, percent of GDP 0.19 2025 percent
 Remittances 1,164.70 2025 million U.S. dollars
 Net errors and omissions 4,160.20 2025 million USD
 External debt 27.17 2024 percent
 Short-term external debt 32.33 2024 percent
 Short-term debt to reserves 22.20 2024 percent
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