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Israel Trade Summary

2023

Israel exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ISRAEL 2023

Overall Exports and Imports for Israel 2023

Exports and imports of Israel in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 58,905 million.
  • The total value of imports (CIF) was 91,877 million.
  • At the HS6 digit level, 3,099 products were exported to 119 countries and 4,159 products were imported from 187 countries.

Israel top 5 Export and Import partners 2023

Top five countries to which Israel exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Israel exports to United States worth US$ 17,332 million, with a partner share of 29.42 percent.
  2. Israel exports to Ireland worth US$ 3,422 million, with a partner share of 5.81 percent.
  3. Israel exports to China worth US$ 3,400 million, with a partner share of 5.77 percent.
  4. Israel exports to Netherlands worth US$ 2,399 million, with a partner share of 4.07 percent.
  5. Israel exports to India worth US$ 2,240 million, with a partner share of 3.80 percent.

Top five countries from which Israel imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Israel imports from China worth US$ 16,329 million, with a partner share of 17.77 percent.
  2. Israel imports from Bunkers worth US$ 11,222 million, with a partner share of 12.21 percent.
  3. Israel imports from United States worth US$ 9,686 million, with a partner share of 10.54 percent.
  4. Israel imports from Germany worth US$ 5,649 million, with a partner share of 6.15 percent.
  5. Israel imports from Turkey worth US$ 5,272 million, with a partner share of 5.74 percent.

Israel Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Israel along with trade value are:

  1. Israel exported Diamonds non-industrial nes excluding mounted o , worth 6,426,131.00 (US$ Thousands).
  2. Israel exported Monolithic integrated circuits, digital , worth 4,547,826.00 (US$ Thousands).
  3. Israel exported Transmission apparatus, for radioteleph incorpo , worth 2,251,035.00 (US$ Thousands).
  4. Israel exported Other fertilizers, nes , worth 1,511,394.00 (US$ Thousands).
  5. Israel exported Instruments and appliances used in medical or v , worth 1,296,392.00 (US$ Thousands).

The top five imported HS 6 digit level products from world by Israel along with trade value are

  1. Israel imported Petroleum oils and oils obtained from bituminou , worth 8,396,301.00 (US$ Thousands).
  2. Israel imported Automobiles nes including gas turbine powered , worth 3,737,560.00 (US$ Thousands).
  3. Israel imported Diamonds non-industrial nes excluding mounted o , worth 3,370,690.00 (US$ Thousands).
  4. Israel imported Transmission apparatus, for radioteleph incorpo , worth 2,833,991.00 (US$ Thousands).
  5. Israel imported Monolithic integrated circuits, digital , worth 1,798,240.00 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Israel in 2023 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2023

Key Development Indicators of Israel in 2023 are below

  • Israel GDP in current US dollar was 512,185 million.
  • GNI per capita, Atlas method (current US$) was 54,280.00 .
  • Israel Trade balance: as % of GDP was 2.83.
  • Trade balance in current US$ was 14,498.00 million.
  • Trade as percentage of GDP was 57.99 .
  • Trade in services as percentage of GDP was 25.09 .

Trade Indicators 2023

Trade Indicators for Israel in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 9.81.
  • World Growth in percentage was -3.13 and Israel Country Growth was -4.00 .