Israel (ISR) and China (CHN) Trade | The Observatory of Economic Complexity

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Israel-China Trade: In 2022, Israel exported $3.64B to China. The main products that Israel exported to China were Integrated Circuits ($1.95B), Other Measuring Instruments ($495M), and Potassic Fertilizers ($345M). Over the past 5 years the exports of Israel to China have increased at an annualized rate of 90.4%, from $145M in 2017 to $3.64B in 2022.

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

China-Israel Trade: In 2022, China exported $7.73B to Israel. The main products that China exported to Israel were Cars ($1.07B), Broadcasting Equipment ($437M), and Semiconductor Devices ($330M). Over the past 5 years the exports of China to Israel have increased at an annualized rate of 110%, from $191M in 2017 to $7.73B in 2022.

In 2022, China did not export any services to Israel.

Comparison: In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $3.64B to China. The main products exported from Israel to China were Integrated Circuits ($1.95B), Other Measuring Instruments ($495M), and Potassic Fertilizers ($345M). During the last 5 years the exports of Israel to China have increased at an annualized rate of 90.4%, from $145M in 2017 to $3.64B in 2022.

In 2017, China exported $7.73B to Israel. The main products exported from China to Israel were Cars ($1.07B), Broadcasting Equipment ($437M), and Semiconductor Devices ($330M). During the last 22 years the exports of China to Israel have increased at an annualized rate of 110%, from $191M in 1995 to $7.73B in 2017.

Exports from Israel () to China () (2022)

Exports from China () to Israel () (2022)

Latest Data

Trade between Israel () and China ()

Israel Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Israel than China included Palestine ($4.6B), British Indian Ocean Territory ($48k), and Guam ($43k).

In 2022, countries that imported more from China than Israel included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China () and Israel () (2022)

Comparative Advantage Israel - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with China in the exports of Machines ($2.71B), Instruments ($1.34B), and Chemical Products ($945M).

During 2017, China had a large net trade with Israel in the exports of Machines ($4.06B), Metals ($1.83B), and Transportation ($1.69B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel China+$567MIntegrated Circuits

Top Product Potential China Israel+$327MTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Israel () to China () (2022)

Exports from China () to Israel () (2022)

Latest Data

Trade between Israel () and China ()

Israel Exports

China Exports

Market Competitiveness

Difference in imports from China () and Israel () (2022)

Comparative Advantage Israel - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and China () (2022)

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