In the first quarter of 2024, the total value of imported goods and services in Israel was approximately 33.6 billion U.S. dollars. This represented a decrease of about seven percent in comparison to the first quarter of 2023. In the second half of 2022, the value of imports began shrinking and a negative trend commenced. The negative trend peaked in the fourth quarter of 2023, with the start of the Israel-Hamas war on October 7. Conversely, this trend reversed at the start of 2024.
Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024
(in million U.S. dollars)
The trend estimation represents the underlying tendency of a data series based on a multi-year observation, minimizing its volatility. The estimation method is based on symmetric Henderson averages and was implemented by the source. The method is applied to the seasonally adjusted values after the removal of data irregularities and the application of forecast evaluations. The change in trend is based on the previous quarter value.
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Israel Central Bureau of Statistics. (June 12, 2024). Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/
Israel Central Bureau of Statistics. "Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024 (in million U.S. dollars)." Chart. June 12, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/
Israel Central Bureau of Statistics. (2024). Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/
Israel Central Bureau of Statistics. "Quarterly Total Value of Imported Goods and Services in Israel from 1st Quarter 2022 to 1st Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/
Israel Central Bureau of Statistics, Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/ (last visited December 19, 2024)
Quarterly total value of imported goods and services in Israel from 1st quarter 2022 to 1st quarter 2024 (in million U.S. dollars) [Graph], Israel Central Bureau of Statistics, June 12, 2024. [Online]. Available: https://www.statista.com/statistics/1483124/israel-quarterly-value-imported-goods-services/
