State of Israel
Media Release
info@cbs.gov.il
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_____________________________________________________________________________________________________________________
Previous Media Release on Foreign Trade appeared on July 19, 2015
Jerusalem,
August 18, 2015
218/2015
Israel’s Foreign Trade in Goods, by Country - July 2015
Trend data in May - July 2015

Point to a rise of 12.6% in exports of goods to Asian countries

Decrease in import of goods from USA (-17.8%) and from Asian countries
(-11.2%)
Tables
In July 2015, import of goods (gross, excluding diamonds) totaled NIS 18.5 billion. 40% were imports
from EU countries, 24% - from Asian countries, 12% - from USA and 24% - from Other Countries.
In July 2015, export of goods (gross, excluding diamonds) totaled NIS 15.1 billion and the trade deficit in
goods (excluding diamonds) totaled NIS 3.4 billion. 31% were exports to EU countries, 26% - to Asian
countries, 23% - to USA, and 20% - to Other Countries.1
Diagram 1. - Foreign Trade by Main Country Groups
Import of Goods
(excl. diamonds)
Export of Goods
(excl. diamonds)
U.S.A
12%
Asia
24%
E.U
40%
Other
24%
Asia
26%
U.S.A
23%
E.U
31%
Other
20%
Diagram 1 Data Source
Trade Balance January- July 2015
The trade deficit in goods (excl. diamonds) with EU countries totaled NIS 12.3 billion (14.5% compared to
January- July 2014).
1 The above is based on temporary data regarding goods that cleared Customs, not including trade between Israel and the Palestinian Authority. In
addition, the data do not include import and export of services that include, among others, software. Data on all exports and imports of goods and
services are published as part of the Balance of Payments, every quarter.
Written by Roman Beinisovich - Foreign Trade Sector
For explanations and clarifications regarding the contents of this Press Release,
Please contact the Press Relations Unit, at 02-652 7845
The trade deficit in goods (excl. diamonds) with Asian countries totaled NIS 5.4 billion (-36.8% compared
to January- July 2014).
The trade surplus in goods (excl. diamonds) with USA totaled NIS 7.2 billion compared with NIS 4.5 billion
in the same period of the previous year (59.7% compared to January- July 2014).
Table A. Import, Export and Trade Balance
Main Trading Country
Groups NIS million
Import
Export
Trade Balance
January - July
January - July
January - July
2015
2014
2015
2014
2015
2014
Total (gross, excl. diamonds)
125966.7
130831.9
105840.0
100191.6
-20126.7
-30640.3
European Union
46110.1
44533.6
33785.6
33766.0
-12324.5
-10767.6
Asia
29869.6
28052.3
24447.1
19466.1
-5422.5
-8586.2
USA
17289.9
16126.0
24522.4
20653.5
7232.5
4527.5
Other Countries
32697.1
42120.0
23084.9
26306.0
-9612.2
-15814.0
Table A Data Source
An overview of the development of import and export of goods during July 2015 was published in a media
release - Israel's Foreign Trade, Import And Export of Goods: July 2015 on 11.08.2015.
Import of Goods May-July 2015
Trend data by main country groups indicates that imports from EU countries increased by 4.2%, at an
annual rate, in May-July 2015, continuing an increase of 1.0% in February-April 2015. In January-July 2015
imports (excluding diamonds) from Ireland, Slovakia and France increased significantly.
Diagram 2. - Import by Country Group – Seasonally Adjusted Data and Trend
Diagram 2 Data Source
Imports of goods from USA decreased by 17.8%, at an annual rate, in May-July 2015, after an increase of
6.0% in February-April 2015.
Israel's Foreign Trade in Goods, by Country – July
2
18/08/2015
Imports from Asian Countries decreased by 11.2% in the last three months at an annual rate, continuing a
decrease of 0.4% in February-April 2015 at an annual rate. In January-July 2015 imports (excluding
diamonds) from South Korea, Indonesia and Philippines decreased significantly.
Imports from Other Countries decreased by 21.5% in the last three months, at an annual rate (-2.0%
monthly average), continuing a decrease of 20.0% in February-April 2015 (-1.8% monthly average). In
January-July 2015 imports (excluding diamonds) from Panama, and Ethiopia decreased significantly.
Export of Goods May-July 2015
Exports to EU countries increased by 4.3%, at an annual rate in May-July 2015, continuing an increase of
5.9% in February-April 2015. In January-July 2015 exports (excluding diamonds) to United Kingdom,
Slovenia and France increased significantly.
Exports to USA decreased by 26.9%, at an annual rate in May-July 2015 (-2.6% monthly average),
continuing a decrease of 14.2% in February-April 2015.
Diagram 3. - Export by Country Group – Seasonally Adjusted Data and Trend
Diagram 3 Data Source
Exports to Asian Countries increased by 12.6%, at an annual rate in the last three months, continuing an
increase of 27.4% in February-April 2015 (2.0% monthly average). In January-July 2015 exports (excluding
diamonds) to Vietnam, Thailand and Azerbaijan increased significantly.
Exports to Other Countries decreased by 35.1%, at an annual rate in May-July 2015 (-3.5% monthly
average), continuing a decrease of 40.3% in February-April 2015 (-4.2% monthly average). In January-July
2015 exports (excluding diamonds) to Turkey, Russian Federation and Ukraine decreased significantly.
The next Press Release on “Israel’s Foreign Trade by Country August 2015” will appear on September 24, 2015.
Related links and publications
Definitions and Explanations
Israel's Foreign Trade in Goods, by Country – July
3
18/08/2015