Israel recorded a trade deficit of 2936.90 USD Million in July of 2019. Balance of Trade in Israel averaged -498.79 USD Million from 1959 until 2019, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3019 USD Million in July of 2018. Israel has been recording trade deficits since 1959 mostly due to a lack of natural resources. Indeed, Israel major imports are: oil and other mineral fuels and uncut diamonds. Main exports are: cut diamonds, pearls and other precious metals and stones; electrical machinery and equipment, mechanical machinery and appliances and electronics. Israel´s main trading partner is the United States (28 percent of total exports and 12 percent of imports). Others include: Hong Kong, China, Belgium, Netherlands, Germany and United Kingdom. This page provides – Israel Balance of Trade – actual values, historical data, forecast, chart, statistics, economic calendar and news.