Tel Aviv: The terms of trade index (which does not include ships, airplanes, fuels, or diamonds) improved by 0.5% in 2024, according to the Central Bureau of Statistics in Israel.

After declining 2.7% in 2023, the export price index of products rose 0.1% in 2024. After declining 3.6% in 2023, the import price index was down 1.3% this year.

In 2024, the import price index of fuels fell by 4.7%, the import price index of diamonds fell by 1.8%, the import price index of raw materials (excluding fuels and diamonds) fell by 1.5%, and the import price index of consumer goods fell by 0.6%, according to detailed data by import destinations. On the other hand, there was a 1.2% rise in the import price index of investment goods (excluding fuels and diamonds).

The sector that manufactures computer, electronic, and optical items had a 4.1% rise in the price index of exports. The gasoline import price index dropped 4.7%. The price index for the majority of import components fell in the last quarter of 2024.

After declining 1.6% in 2023, the export price index (which does not include ships, airplanes, or diamonds) fell 0.2% in 2024.

After declining by 0.8% in 2023, the import price index (which does not include ships, airplanes, fuels, or diamonds) fell by 0.7% in 2024.