In July 2010, import of goods (gross) totaled $4.9 billion, exports of goods (gross) totaled $5.0 billion and the trade surplus totaled $0.1 billion.
The above is based on temporary data regarding goods that cleared Customs, not including trade between Israel and the Palestinian Authority. 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. 
Imports are valued c.i.f., and exports are valued f.o.b.

Development of trade in goods in July 2010, compared with June, was influenced by changes in the value of the U.S.A. Dollar against other currencies in which import and export transactions are conducted. Compared to the Euro the U.S.A. Dollar point to a drop of 4.3%, compared to the UK Pound the U.S.A. Dollar point to a drop of 3.5%, compared to the Japanese Yen the U.S.A. Dollar dropped by 3.7% and compared to the Swiss Franc dropped by 6.5%. It should be noted that in July the U.S.A. Dollar point to a rise of 0.1% against the Israeli Shekel.

Trade Balance
The trade balance (excluding diamonds) shows a deficit of $0.5 billion in July 2010 ($0.8 billion in the same month of 2009). The trade balance (excluding diamonds) by main country groups shows a surplus of $0.6 billion with USA, a deficit of $0.3 billion with Asian countries, a deficit of $0.5 billion with EU countries and a deficit of $0.4 billion with Other Countries group.

Imports of goods
The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of import of goods (excluding diamonds) of 8.2%, at an annual rate, during May -July 2010.

Trend data by main country groups indicates that imports from EU countries point to a drop of 1.5%, at an annual rate, during May -July 2010. Imports from USA point to a rise of 22.8%, imports from Asia point to a rise of 13.5% and imports from Other Countries point to a rise of 15.1% during the last three months, at an annual rate.
Exports of goods

The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of export of goods (excluding diamonds) of 14.5%, at an annual rate, during May -July 2010.

Trend data by main country groups indicates that exports to USA point to a rise of 23.2%, at an annual rate, during May -July 2010. Exports to EU countries point to a rise of 3.3% and exports to Other Countries group point to a drop of 22.7% during the last three months. Exports to Asia point to a drop of 9.4% during May -July 2010.