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Israel Net Trade (Goods & Services, BoP)

Israel's net trade (goods & services, bop) fell to $12.81 billion in 2024, down from $14.21 billion in 2023, according to World Bank. This represents a decrease of 9.8% ($1.4 billion) from the previous year. Israel has net trade (goods & services, bop) higher than the global median ($12.81 billion vs median -$215.12 million). Compared with the median in Asia, Israel is higher ($12.81 billion vs regional median $634.26 million) and ranks 16th out of 42 countries in Asia.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 12.81
2023 14.21
2022 11.02
2021 13.41
2020 12.74
2019 7.28
2018 3.12
2017 6.86
2016 6
2015 9.47
2014 4.92
2013 5.54
2012 -0.26
2011 -0.39
2010 4.6
2009 5.36
2008 -1.13
2007 -1.44
2006 0.34
2005 -0.15
2004 0.14
2003 -1.03
2002 -3.51
2001 -3.17
2000 -0.2
1999 -3.06
1998 -3
1997 -5.39
1996 -7.92
1995 -7.81
1994 -6.5
1993 -6.04
1992 -4.5
1991 -5.37
1990 -2.92
1989 -1.83
1988 -2.59
1987 -3.3
1986 -1.46
1985 -1.63
1984 -2.57
1983 -3.3
1982 -3.18
1981 -3.54
1980 -2.84
1979 -3.06
1978 -2.61
1977 -1.99
1976 -2.68
1975 -3.48
1974 -2.98
1973 -2.45
1972 -0.99
1971 -1.14
1970 -1.09
1969 -0.74
1968 -0.52
1967 -0.47
1966 -0.39
1965 -0.46
1961 -0.4
1960 -0.3
Israel Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Israel, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $60.26B $58.9B 2024
Annual Imports $91.85B $91.88B 2024
Balance of Trade -$3.5B -$4.2B Aug'25
Exports $4.4B $5.1B Aug'25
Exports (% GDP) 28.43% 30.41% 2024
FDI Inflows (% GDP) 3.11% 3.15% 2024
Imports $7.9B $9.3B Aug'25
Imports (% GDP) 26.02% 27.58% 2024
Tariff Rate 3.16% 3.23% 2022
Trade (% GDP) 54.45% 57.99% 2024