Israel’s trade deficit widened significantly to $5.18 billion in October 2026, up from $2.86 billion a year earlier. Imports surged 42.7% to $10.59 billion, their second-highest level on record, driven by increased purchases of raw materials, investment goods, consumer goods and fuels. Exports rose at a slower pace of 18.7% to $5.41 billion, supported by gains in manufacturing and mining. For the first ten months of 2026, the trade deficit reached $43.45 billion, compared with $32.04 billion over the same period in 2025.
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