Israel

Compare Israel →

IL · ISR · BACI 376 · latest data 2024

Exports

$68.7B USD, nominal · 2024

= $68,694 M16.8% over 5 yrs (up)

Imports

$85.6B USD, nominal · 2024

= $85,641 M15.9% over 5 yrs (up)

Trade balancedeficit

−$16.9B USD, nominal · 2024

= −$16,947 M

Total trade

$154.3B USD, nominal · 2024

= $154,336 M16.3% over 5 yrs (up)

World position: #49 of 225 exporters · top 25% · #44 of 225 importers · top 25% · 2024
World export share since 1995: −0.1 pp

Trade timeline

Israel's exports grew from $19.9B in 1995 to $68.7B in 2024; the 2024 balance was −$16.9B.

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Exports, imports, trade balance and total trade of Israel per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$19,863 M	$27,163 M	−$7,300 M	$47,027 M
1996	$21,340 M	$29,669 M	−$8,329 M	$51,009 M
1997	$23,326 M	$28,776 M	−$5,449 M	$52,102 M
1998	$24,595 M	$27,828 M	−$3,232 M	$52,423 M
1999	$27,451 M	$30,857 M	−$3,405 M	$58,308 M
2000	$32,516 M	$35,473 M	−$2,957 M	$67,989 M
2001	$30,301 M	$33,292 M	−$2,992 M	$63,593 M
2002	$30,243 M	$32,991 M	−$2,748 M	$63,233 M
2003	$32,143 M	$33,789 M	−$1,645 M	$65,932 M
2004	$38,262 M	$40,551 M	−$2,289 M	$78,813 M
2005	$43,429 M	$44,663 M	−$1,234 M	$88,092 M
2006	$47,468 M	$46,621 M	$847 M	$94,089 M
2007	$57,589 M	$58,816 M	−$1,227 M	$116,404 M
2008	$64,419 M	$65,688 M	−$1,269 M	$130,107 M
2009	$51,635 M	$47,557 M	$4,077 M	$99,192 M
2010	$62,000 M	$57,431 M	$4,569 M	$119,431 M
2011	$72,102 M	$68,736 M	$3,366 M	$140,839 M
2012	$67,771 M	$68,832 M	−$1,061 M	$136,603 M
2013	$70,824 M	$66,662 M	$4,162 M	$137,487 M
2014	$70,551 M	$70,099 M	$453 M	$140,650 M
2015	$66,039 M	$61,633 M	$4,405 M	$127,672 M
2016	$60,053 M	$69,106 M	−$9,053 M	$129,159 M
2017	$60,678 M	$72,635 M	−$11,957 M	$133,314 M
2018	$62,795 M	$79,194 M	−$16,399 M	$141,989 M
2019	$58,789 M	$73,875 M	−$15,086 M	$132,665 M
2020	$52,990 M	$69,182 M	−$16,192 M	$122,172 M
2021	$68,005 M	$90,194 M	−$22,190 M	$158,199 M
2022	$82,933 M	$101,504 M	−$18,571 M	$184,438 M
2023	$69,289 M	$77,923 M	−$8,634 M	$147,212 M
2024	$68,694 M	$85,641 M	−$16,947 M	$154,335 M

30 rows

World share & rank

World export share moved from 0.4% in 1995 to 0.3% in 2024; export rank #37 → #49.

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World export and import share in percent, and world ranks, of Israel per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.39%	0.54%	#37	#34
1996	0.40%	0.55%	#39	#35
1997	0.42%	0.51%	#38	#36
1998	0.44%	0.50%	#38	#39
1999	0.48%	0.54%	#35	#35
2000	0.50%	0.55%	#36	#34
2001	0.48%	0.53%	#38	#38
2002	0.46%	0.50%	#38	#39
2003	0.42%	0.44%	#39	#40
2004	0.41%	0.44%	#40	#41
2005	0.41%	0.43%	#42	#41
2006	0.39%	0.39%	#45	#43
2007	0.41%	0.42%	#45	#43
2008	0.40%	0.41%	#50	#44
2009	0.41%	0.38%	#46	#45
2010	0.41%	0.38%	#46	#46
2011	0.40%	0.38%	#51	#46
2012	0.38%	0.38%	#52	#46
2013	0.39%	0.37%	#50	#47
2014	0.38%	0.38%	#47	#44
2015	0.41%	0.38%	#40	#42
2016	0.38%	0.44%	#44	#42
2017	0.35%	0.41%	#47	#42
2018	0.33%	0.41%	#49	#42
2019	0.32%	0.40%	#48	#42
2020	0.31%	0.40%	#47	#42
2021	0.32%	0.42%	#47	#43
2022	0.34%	0.42%	#48	#41
2023	0.31%	0.34%	#48	#45
2024	0.30%	0.38%	#49	#44

30 rows

Trading partners

United States was Israel's top trading partner in 2024, at 20.9% of total trade; the top five partners covered 47.2%.

Year

Top partner share: 20.9%
Top-5 share: 47.2%
Partners: 184
Partner HHI (0–1): 0.075

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United States $21.4B

China $7.0B

Ireland $4.2B

Egypt $2.9B

Germany $2.9B

Hong Kong $2.1B

Netherlands $2.1B

United Kingdom $2.0B

France $1.5B

India $1.4B

South Korea $1.3B

Italy $1.2B

Belgium $825M

Switzerland $611M

United Arab Emirates $500M

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Top partners of Israel in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United States	$21,418 M	$10,801 M	$32,219 M	$10,617 M
#2	China	$7,007 M	$12,111 M	$19,118 M	−$5,103 M
#3	Germany	$2,861 M	$6,420 M	$9,281 M	−$3,559 M
#4	Ireland	$4,199 M	$2,200 M	$6,399 M	$1,999 M
#5	Netherlands	$2,129 M	$3,754 M	$5,883 M	−$1,625 M
#6	Switzerland	$611 M	$4,334 M	$4,945 M	−$3,724 M
#7	Hong Kong	$2,133 M	$2,720 M	$4,853 M	−$587 M
#8	Italy	$1,156 M	$3,494 M	$4,650 M	−$2,338 M
#9	United Kingdom	$1,954 M	$2,632 M	$4,586 M	−$678 M
#10	South Korea	$1,259 M	$2,524 M	$3,783 M	−$1,266 M
#11	France	$1,486 M	$2,250 M	$3,737 M	−$764 M
#12	Belgium	$825 M	$2,697 M	$3,521 M	−$1,872 M
#13	Egypt	$2,944 M	$341 M	$3,285 M	$2,602 M
#14	United Arab Emirates	$500 M	$2,752 M	$3,252 M	−$2,251 M
#15	India	$1,402 M	$1,810 M	$3,212 M	−$409 M

15 rows

Products & sectors

Product composition of Israel's trade in 2024.

Year

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Concentration & risk

Israel's export partners concentrated over 1995–2024 — HHI 0.116 → 0.122, a moderately concentrated export base across 182 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Israel per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.116	0.085	151	118
1996	0.119	0.093	156	118
1997	0.123	0.091	164	140
1998	0.141	0.087	160	141
1999	0.154	0.087	163	136
2000	0.169	0.078	167	138
2001	0.166	0.080	177	148
2002	0.182	0.073	179	157
2003	0.174	0.066	186	153
2004	0.160	0.064	189	147
2005	0.163	0.058	191	155
2006	0.173	0.054	195	165
2007	0.144	0.071	195	172
2008	0.133	0.049	200	174
2009	0.143	0.051	204	172
2010	0.128	0.048	199	164
2011	0.119	0.050	204	172
2012	0.124	0.050	204	167
2013	0.120	0.050	202	174
2014	0.122	0.050	188	164
2015	0.149	0.054	191	165
2016	0.148	0.049	192	162
2017	0.137	0.049	189	165
2018	0.129	0.058	168	180
2019	0.123	0.067	159	179
2020	0.104	0.053	187	168
2021	0.096	0.050	194	171
2022	0.090	0.048	187	164
2023	0.111	0.063	150	185
2024	0.122	0.058	182	159

30 rows

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