FX.co ★ Israel’s Trade Deficit Widens Sharply

Israel’s trade deficit widened sharply to $5.18 billion in October 2026, compared with $2.86 billion in October 2025. Imports jumped 42.7% to $10.59 billion—marking their second-highest level on record—driven by stronger demand for raw materials, capital goods, consumer goods, and fuels. Exports also increased but at a more moderate rate of 18.7%, reaching $5.41 billion, supported by growth in the manufacturing and mining sectors. Over the first ten months of 2026, the trade deficit totaled $43.45 billion, up from $32.04 billion in the same period of 2025.