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Israel – Trade Statistics

  • Israel is the 55th largest export economy in the world and the 19th most complex economy according to the Economic Complexity Index (ECI). In 2014, Israel exported $53.7B and imported $62.7B, resulting in a negative trade balance of $9B. In 2014 the GDP of Israel was $305B and its GDP per capita was $33.7k.
  • The top exports of Israel are Packaged Medicaments ($4.96B), Refined Petroleum ($4.49B), Integrated Circuits ($4.19B), Diamonds ($3.63B) and Telephones ($1.57B), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Diamonds ($5.24B), Cars ($4.05B), Crude Petroleum ($3.34B), Refined Petroleum ($1.83B) and Integrated Circuits ($1.77B).
  • The top export destinations of Israel are the United States ($11.7B), Palestine ($2.93B), China ($2.89B), Turkey ($2.81B) and the Netherlands ($2.14B).
  • The top import origins are the United States ($7.22B), China ($5.91B), Switzerland ($4.76B), Germany ($4.57B) and Belgium-Luxembourg ($3.28B).
  • Israel holds a place of 53th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Israel has decreased it’s ranking from 36 to 42 and country has also decreased it’s ranking from 51 to 56 in case of ‘Starting a Business’.