International Trade: Exports: Value (Goods): Total for Israel
XTEXVA01ILQ188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.25
Year-over-Year Change
8.78%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the total value of goods exported from Israel. It is an important indicator of Israel's trade activity and international 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
The International Trade: Exports: Value (Goods): Total for Israel trend represents the total monetary value of physical goods exported from Israel to international markets. This metric is widely used by economists and policymakers to assess Israel's trade balance, economic performance, and global integration.
Methodology
The data is collected by Israel's Central Bureau of Statistics through surveys of exporting businesses.
Historical Context
Trends in Israel's export values are closely monitored by government agencies, multinational organizations, and financial analysts to gauge the country's economic health and trade policies.
Key Facts
- Israel's total exports reached $124 billion in 2021.
- High-tech products account for over 45% of Israel's total exports.
- The United States is Israel's largest export market, receiving over 27% of its exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods exported from Israel to international markets. It is an important indicator of Israel's trade activity and global competitiveness.
Q: Why is this trend relevant for users or analysts?
A: Trends in Israel's export values are closely monitored by economists, policymakers, and financial analysts to assess the country's economic performance, trade balance, and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by Israel's Central Bureau of Statistics through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Governments, multinational organizations, and financial institutions use this export data to evaluate Israel's trade policies, competitiveness, and overall economic health.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 2 months. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Israel (XTEXVA01ILQ188S), retrieved from FRED.