FX.co ★ Israel Trade Gap Widens in April

Israel’s trade deficit widened to $4.19 billion in April 2026, the largest gap ever recorded for that month, up from a shortfall of $3.58 billion a year earlier. Imports jumped more than 18% to $9.185 billion, the highest level in nine months, driven by sharp increases in purchases of raw materials (11.8%), consumer goods (16.3%), and fuels (72.9%). Exports also climbed strongly, rising 19.1% to $4.997 billion, their highest in three months, supported by a 24.9% surge in shipments from the manufacturing, mining, and quarrying sectors excluding diamonds, which together represent about 96% of total exports.