International Merchandise Trade Statistics: Exports: Commodities for Israel
XTEXVA01ILM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,329,390,000.00
Year-over-Year Change
14.71%
Date Range
1/1/1988 - 7/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Israel measures the value of goods exported from Israel to other countries. This metric is important for understanding Israel's trade balance and economic relationships with global trading partners.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total value of merchandise exports from Israel, broken down by different commodity types. It provides insights into the structure and trends of Israel's export economy, which is critical for policymakers and analysts assessing the country's international trade position.
Methodology
The data is collected and reported by the Israeli Central Bureau of Statistics.
Historical Context
This export data is widely used by economists, government agencies, and businesses to analyze Israel's trade dynamics and competitiveness in global markets.
Key Facts
- Israel's total merchandise exports were valued at over $110 billion in 2021.
- Diamonds and precious metals are a major component of Israel's export economy.
- The United States is Israel's largest export destination, accounting for over a quarter of total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of merchandise exports from Israel, broken down by different commodity types such as diamonds, machinery, chemicals, and more.
Q: Why is this trend relevant for users or analysts?
A: This export data provides important insights into the structure and performance of Israel's trade-dependent economy, which is crucial for policymakers, businesses, and economists analyzing the country's economic relationships and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Governments, central banks, and international organizations use this export data to assess Israel's trade balance, monitor economic relationships, and inform policies related to international commerce and competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published with a delay of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Israel (XTEXVA01ILM667S), retrieved from FRED.