FX.co ★ Israel Trade Deficit Widens in June

Israel's trade deficit widened to USD 4.21 billion in June 2026, up from USD 3.06 billion in the same month a year earlier. Exports rose 57.7% year-on-year to USD 5.98 billion—an acceleration from the 38.0% increase recorded in May—driven by robust growth in shipments from the manufacturing, mining, and quarrying sectors excluding diamonds (58.6%), as well as from agriculture and forestry (1.6%).

Imports increased 48.8% to USD 10.2 billion, picking up from a 25.9% rise in the previous month. The advance was supported by higher purchases of investment goods (72.8%), consumer goods (59.7%), raw materials (37.1%), and fuels (36.9%).

Over the first half of 2026, Israel's trade deficit expanded by 32.2% to USD 23.89 billion, compared with USD 18.07 billion in the same period a year earlier.