International Merchandise Trade Statistics: Exports: Commodities for Israel
XTEXVA01ILQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,458,310,000.00
Year-over-Year Change
-20.86%
Date Range
1/1/1988 - 4/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Israel trend measures the total value of goods exported from Israel to other countries. This metric is important for economists and policymakers to analyze Israel's trade balance and international economic competitiveness.
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 data series tracks the monetary value of physical goods and commodities exported from Israel to international markets. It is a key indicator of Israel's export-oriented economy and trade relationships with major global partners.
Methodology
The data is collected and reported by the Israel Central Bureau of Statistics.
Historical Context
Policymakers use this trade data to assess Israel's economic growth, monitor trade deficits/surpluses, and inform trade negotiations and policies.
Key Facts
- Israel's exports were valued at over $100 billion in 2021.
- Diamonds are Israel's top export commodity, accounting for 25% of total exports.
- The United States is Israel's largest export market, receiving over 25% of its goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of physical goods and commodities exported from Israel to international markets.
Q: Why is this trend relevant for users or analysts?
A: This export data is crucial for analyzing Israel's trade balance, international competitiveness, and the health of its export-oriented economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Israel Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers use this trade data to assess economic growth, monitor trade deficits/surpluses, and inform trade negotiations and policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into Israel's export trends.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Israel (XTEXVA01ILQ664S), retrieved from FRED.