2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Germany-Israel Trade: In 2022, Germany exported $4.85B to Israel. The main products that Germany exported to Israel were Cars ($640M), Packaged Medicaments ($335M), and Vaccines, blood, antisera, toxins and cultures ($164M). Over the past 5 years the exports of Germany to Israel have increased at an annualized rate of 12.9%, from $2.64B in 2017 to $4.85B in 2022.

In 2009, Germany exported services to Israel worth $1.27B, with Services not allocated ($668M), Transportation ($301M), and Other business services ($186M) being the largest in terms of value.

Israel-Germany Trade: In 2022, Israel exported $1.87B to Germany. The main products that Israel exported to Germany were N/A. Over the past 5 years the exports of Israel to Germany have increased at an annualized rate of 10%,  from $1.16B in 2017 to $1.87B in 2022.

In 2012, Israel exported services to Germany worth $590M, with Computer and information services ($440M), Royalties and license fees ($149M), and Construction services ($1.91M) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $4.85B to Israel. The main products exported from Germany to Israel were Cars ($640M), Packaged Medicaments ($335M), and Vaccines, blood, antisera, toxins and cultures ($164M). During the last 5 years the exports of Germany to Israel have increased at an annualized rate of 12.9%, from $2.64B in 2017 to $4.85B in 2022.

In 2017, Israel exported $1.87B to Germany. There were not main exports from Israel to Germany in 2017. During the last 22 years the exports of Israel to Germany have increased at an annualized rate of 10%, from $1.16B in 1995 to $1.87B in 2017.

Exports from Germany (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Germany than Israel included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Israel than Germany included Palestine ($4.6B), Cyprus ($827M), and British Indian Ocean Territory ($48k).

Difference in imports from Israel (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Israel

Flow
Scale

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

During 2022, Germany had a large net trade with Israel in the exports of Machines ($2.1B), Transportation ($1.31B), and Chemical Products ($1.04B).

During 2017, Israel had a large net trade with Germany in the exports of Machines ($789M), Instruments ($385M), and Chemical Products ($340M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Israel+$276MCars
Top Product Potential Israel Germany+$64.6MTelephones

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 Germany and Israel. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Israel (Flag) (2022)

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