Flag United Kingdom / Israel Flag

Exports Flag β†’ Flag  (2018): $1.89B, Rnk 36 / 217

Top Product Flag β†’ Flag (2018): $222M, Crude Petroleum

Exports Flag β†’ Flag (2018): $2.19B, Rnk 4 / 152

Top Product Flag β†’ Flag (2018): $520M, Packaged Medicaments

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

Economic Complexity of Flag (2018): ECI 1.28, Rnk 19 / 137

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP Flag (2018): $371B, CURRENT US$
Rnk 31 / 196

GDP GROWTH Flag (2008-2018): 71.5%, CURRENT US$
Rnk 53 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $41,715, CURRENT US$
Rnk 25 / 196

GDP PC GROWTH Flag (2008-2018): 41.1%, CURRENT US$
Rnk 59 / 196

United Kingdom-Israel: In 2018, United Kingdom exported $1.89B to Israel. The main products exported from United Kingdom to Israel were Crude Petroleum ($222M), Cars ($175M), and Packaged Medicaments ($138M). During the last 23 years the exports of United Kingdom to Israel have decreased at an annualized rate of 0.71%, from $2.22B in 1995 to $1.89B in 2018. In 2009, United Kingdom exported services to Israel worth $1.42B, with Services not allocated ($1B), Transportation ($228M), and Travel ($191M) being the largest in terms of value.

Israel-United Kingdom: In 2018, Israel exported $2.19B to United Kingdom. The main products exported from Israel to United Kingdom were Packaged Medicaments ($520M), Diamonds ($269M), and Unpackaged Medicaments ($178M). During the last 23 years the exports of Israel to United Kingdom have increased at an annualized rate of 2.27%, from $1.31B in 1995 to $2.19B in 2018. In 2012, Israel exported services to United Kingdom worth $375M, with Computer and information services ($343M), Royalties and license fees ($30M), and Construction services ($1.75M) being the largest in terms of value.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 51 in total exports ($59B). In terms of GDP Per Capita, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, and Israel was ranked 25 with a GDP Per Capita of $41,715.

Bilateral Trade by Products

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Depth
Value

In 2018, United Kingdom exported $1.89B to Israel. The main products exported from United Kingdom to Israel were Crude Petroleum ($222M), Cars ($175M), and Packaged Medicaments ($138M). During the last 23 years the exports of United Kingdom to Israel have decreased at an annualized rate of 0.71%, from $2.22B in 1995 to $1.89B in 2018.

In 2018, Israel exported $2.19B to United Kingdom. The main products exported from Israel to United Kingdom were Packaged Medicaments ($520M), Diamonds ($269M), and Unpackaged Medicaments ($178M). During the last 23 years the exports of Israel to United Kingdom have increased at an annualized rate of 2.27%, from $1.31B in 1995 to $2.19B in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Israel
Top Destination
: United States, $19B

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

In 2018, countries that imported more from United Kingdom than Israel were Germany ($45.5B), United States ($61.9B), and Netherlands ($33.3B).

In 2018, countries that imported more from Israel than United Kingdom were Palestine ($3.03B) and Honduras ($20.1M).

Comparative Advantage United Kingdom - Israel

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Depth

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

During 2018, United Kingdom had a large net trade with Israel in the exports of Machines ($452M), Chemical Products ($330M), and Mineral Products ($295M).

During 2018, Israel had a large net trade with United Kingdom in the exports of Chemical Products ($883M), Precious Metals ($293M), and Machines ($242M).

Tariff Section

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In 2018, United Kingdom and Israel don't have data regarding the tariffs applied to the products exported, given a no tariff policy, or don't having any tariff history reported whatsoever.

To explore the different product levels and year available with data, visit our Tariff Explorer Section.

Explore Tariff Data

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom and Israel. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2009, United Kingdom exported services to Israel worth $1.42B, with Services not allocated ($1B), Transportation ($228M), and Travel ($191M) being the largest in terms of value.

In 2012, Israel exported services to United Kingdom worth $375M, with Computer and information services ($343M), Royalties and license fees ($30M), and Construction services ($1.75M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Israel. Similarly, the more red a dot/product is, the more Israel has comparative advantage over United Kingdom.