International Merchandise Trade Statistics: Imports: Commodities for Israel
XTIMVA01ILQ667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,362,300,000.00
Year-over-Year Change
-20.52%
Date Range
1/1/1980 - 4/1/2025
Summary
The International Merchandise Trade Statistics: Imports: Commodities for Israel measures the value of imports of various goods and commodities into Israel on a monthly basis.
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 monetary value of physical goods and products imported into Israel from other countries. It is a key economic indicator used by analysts and policymakers to assess Israel's trade balance, international commerce, and overall economic performance.
Methodology
The data is collected through customs and border control records by Israel's Central Bureau of Statistics.
Historical Context
The import trends are closely monitored by the Bank of Israel and Ministry of Finance to inform economic and trade policies.
Key Facts
- Israel is a major global importer of goods and commodities.
- Imports account for over 30% of Israel's GDP.
- Top import categories include machinery, vehicles, and mineral fuels.
FAQs
Q: What does this economic trend measure?
A: The International Merchandise Trade Statistics: Imports: Commodities for Israel measures the monetary value of physical goods and products imported into Israel from other countries on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This import data is a key economic indicator used by analysts, policymakers, and institutions to assess Israel's trade balance, international commerce, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through customs and border control records by Israel's Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The import trends are closely monitored by the Bank of Israel and Ministry of Finance to inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a short time lag, typically within a month of the reference period.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Israel (XTIMVA01ILQ667N), retrieved from FRED.