Macro Analysis /

Israel: Merchandise trade deficit rises by 74.0% y/y in April

    13 May 2021
    • Deterioration reflects low base during first closure and almost full reopening of economy this year
    • Imports jump by higher rate compared to exports, consumer goods are major contributor
    • Exports significantly boosted by exports of computer and electronic parts
    • Data suggest negative contribution of foreign trade with goods on balance of payments, economic performance