2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

China-Israel Trade: In 2023, China exported $13.5B to Israel. The main products that China exported to Israel were Cars ($1.42B), Broadcasting Equipment ($1.06B), and Computers ($334M). Over the past 5 years the exports of China to Israel have increased at an annualized rate of 5.19%, from $10.5B in 2018 to $13.5B in 2023.

In 2023, China did not export any services to Israel.

Israel-China Trade: In 2023, Israel exported $7.09B to China. The main products that Israel exported to China were Integrated Circuits ($3.23B), Other Measuring Instruments ($621M), and Diamonds ($379M). Over the past 5 years the exports of Israel to China have increased at an annualized rate of 7.37%,  from $4.97B in 2018 to $7.09B in 2023.

In 2012, Israel exported services to China worth $17M, with Computer and information services ($17M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $13.5B to Israel. The main products exported from China to Israel were Cars ($1.42B), Broadcasting Equipment ($1.06B), and Computers ($334M). During the last 5 years the exports of China to Israel have increased at an annualized rate of 5.19%, from $10.5B in 2018 to $13.5B in 2023.

In 2018, Israel exported $7.09B to China. The main products exported from Israel to China were Integrated Circuits ($3.23B), Other Measuring Instruments ($621M), and Diamonds ($379M). During the last 5 years the exports of Israel to China have increased at an annualized rate of 7.37%, from $4.97B in 2023 to $7.09B in 2018.

Exports from China (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Israel
Top Destination
United States$20.3B

This map shows whether countries import more from China or Israel. Each country is colored based on the difference in imports they receive from China and Israel or the difference in the growth in imports.

In 2023, countries that imported more from China than Israel included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Israel than from China.

Difference in imports from Israel (Flag) and China (Flag) (2023)

Comparative Advantage China - Israel

Flow
Scale

This chart compares trade between China and Israel by product, considering products traded by both, China and Israel.

During 2023, China had a large net trade with Israel in the exports of Machines ($4.91B), Transportation ($1.94B), and Metals ($1.45B).

During 2018, Israel had a large net trade with China in the exports of Machines ($4.29B), Instruments ($1.36B), and Chemical Products ($682M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Israel+$327MTelephones
Top Product Potential Israel China+$567MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Israel. This means that a dot/product with the flag of China indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over China.

Product Space of China (Flag) and Israel (Flag) (2023)

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