In April 2011, import of goods (gross) totaled $5.8 billion, exports of goods (gross) totaled $4.8 billion and the trade deficit totaled $1.0 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 April 2011, compared with March 2011, 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 3.2%, compared to the UK Pound the U.S.A. Dollar point to a drop of 1.3% and compared to the Swiss Franc drop by 2.3%.
It should be noted that in April 2011 the U.S.A. Dollar point to a drop of 3.6% against the Israeli Shekel.

Trade Balance

The trade balance (excluding diamonds) shows a deficit of $5.7 billion in January-April 2011 ($2.3 billion in the same months of 2010). The trade balance (excluding diamonds) by main country groups shows a surplus of $1.5 billion with USA, a deficit of $1.6 billion with Asian countries, a deficit of $2.6 billion with EU countries and a deficit of $3.0 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 in import of goods (excluding diamonds) of 25.8%, at an annual rate, during February -April 2011.

Trend data by main country groups indicates that imports from EU countries point to a rise of 28.8%, at an annual rate, during February -April 2011. Imports from USA point to a rise of 51.4%, imports from Asian Countries point to a rise of 48.6% and imports from Other Countries point to a rise of 48.3% 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 in export of goods (excluding diamonds) of 28.0%, at an annual rate, during February -April 2011.

Trend data by main country groups indicates that exports to EU countries point to a rise of 23.7%, at an annual rate, during February-April 2011. Exports to USA point to a rise of 38.2%, at an annual rate, during February-April 2011; exports to Other Countries group point to a rise of 21.6% during the last three months and exports to Asian Countries point to a rise of 11.0% during February -April 2011.