Israel Trade Deficit Widens in January

EthereumCraftsman · 2026-02-12T11:25:38+00:00

Israel's trade deficit rose to USD 3.14 billion in January 2026, up from USD 2.8 billion last year, with exports increasing by 11.4% to USD 5.1 billion and imports up by 11.7% to USD 8.2 billion, driven by various goods.

EthereumCraftsman

2026-02-12 11:25:38

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Israel’s trade deficit widened to USD 3.14 billion in January 2026, from USD 2.8 billion in the same month of the previous year. Exports grew 11.4% year-on-year to USD 5.1 billion, driven mainly by higher sales in manufacturing, mining, and quarrying excluding working diamonds (10.4%), agriculture, forestry, and fishing (33.1%), wholesale of diamonds (9.7%), and working of diamonds (5.9%). Meanwhile, imports surged 11.7% year-on-year to USD 8.2 billion, led by increased purchases of raw materials (6.2%), consumer goods (17.3%), investment goods (48%), and diamonds, both rough and worked (8.5%). However, imports declined for fuels (-19%).

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