Israel

ECON COMPLEXITY (2018)

1.28

RANK 19 OF 137

PRODUCT EXPORTS (2018)

$59B

RANK 51 OF 222

EXPORTS PER CAPITA (2018)

$6.65K

RANK 68 OF 219

PRODUCT IMPORTS (2018)

$76.6B

RANK 43 OF 221

IMPORTS PER CAPITA (2018)

$8.63K

RANK 66 of 219

SERVICE EXPORTS (2018)

$27.9B

RANK 20 OF 88

SERVICE IMPORTS (2018)

$27.2B

RANK 21 OF 88

GDP (2018)

$371B

CURRENT US$
RANK 31 OF 196

GDP GROWTH (2008-2018)

71.5%

CURRENT US$
RANK 53 OF 196

GDP PC (2018)

$41,715

CURRENT US$
RANK 25 OF 196

GDP PC GROWTH (2008-2018)

41.1%

Overview: This page contains the latest international trade data for Israel, including service trade data, and tariffs. In 2018 Israel was the number 31 economy in the world in terms of GDP (current US$), the number 51 in total exports, the number 43 in total imports, and the number 19 most complex economy according to the Economic Complexity Index (ECI). In 2018, Israel exported $59B and imported $76.6B, resulting in a negative trade balance of -$17.6B. In 2018, Israel’s exports per capita were $6.65k and its imports per capita were $8.63k.

Trade: The top exports of Israel are Diamonds ($10.7B), Packaged Medicaments ($4.04B), Refined Petroleum ($2.76B), Integrated Circuits ($2.63B), and Other Measuring Instruments ($1.45B). The top imports of Israel are Crude Petroleum ($7.23B), Diamonds($6.76B), Cars ($4.54B), Refined Petroleum ($1.8B), and Photo Lab Equipment ($1.79B).

Destinations: Israel exports mostly to United States ($19B), China($5.15B), Palestine ($3.03B), United Kingdom ($2.19B), and Germany ($2.17B), and imports mostly from United States ($10.3B), China ($9.92B), Turkey ($6.35B), Germany ($5.35B), and Russia($4.21B).

Location: Israel borders Egypt, Jordan, Lebanon, and Syria by land and Cyprus by sea.

Exports

In 2018 Israel exported a total of $59B, making it the number 51 exporter in the world. During the last five reported years the exports of Israel have changed by -$11.8B from $70.8B in 2013 to $59B in 2018.

The most recent exports are led by Diamonds ($10.7B), Packaged Medicaments ($4.04B), Refined Petroleum ($2.76B), Integrated Circuits ($2.63B), and Other Measuring Instruments ($1.45B).

Imports

In 2018 Israel imported $76.6B, making it the number 43 trade destination in the world. During the last five reported years the imports of Israel changed by $11.9B from $64.8B in 2013 to $76.6B in 2018.

The most recent imports of Israel are led by Crude Petroleum ($7.23B), Diamonds ($6.76B), Cars ($4.54B), Refined Petroleum ($1.8B), and Photo Lab Equipment ($1.79B).

Trade Balance

As of 2018 Israel had a negative trade balance of $13.7B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $7.3B in net imports.

Destinations

The most common destination for the exports of Israel are United States ($19B), China ($5.15B), Palestine ($3.03B), United Kingdom ($2.19B), and Germany ($2.17B).

Origins

The most common import partners for Israel are United States ($10.3B), China ($9.92B), Turkey ($6.35B), Germany ($5.35B), and Russia ($4.21B).