Israel / South Korea

Israel-South Korea Trade: In 2022, Israel exported $1.56B to South Korea. The main products that Israel exported to South Korea were Other Measuring Instruments ($406M), Non-optical Microscopes ($115M), and Chemical Analysis Instruments ($108M). Over the past 5 years the exports of Israel to South Korea have increased at an annualized rate of 6.87%, from $1.12B in 2017 to $1.56B in 2022.

In 2012, Israel exported services to South Korea worth $6.9M, with Computer and information services ($6.9M) being the largest in terms of value.

South Korea-Israel Trade: In 2022, South Korea exported $2.42B to Israel. The main products that South Korea exported to Israel were Cars ($1.21B), Broadcasting Equipment ($184M), and Integrated Circuits ($76.4M). Over the past 5 years the exports of South Korea to Israel have increased at an annualized rate of 13.9%,  from $1.26B in 2017 to $2.42B in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).