Israel (ISR) and United States (USA) Trade | OEC - The Observatory of Economic Complexity

About

Israel-United States: In 2019, Israel exported $18.1B to United States. The main products that Israel exported to United States are Diamonds ($6.35B), Packaged Medicaments ($1.71B), and Medical Instruments ($907M). During the last 24 years the exports of Israel to United States have increased at an annualized rate of 4.74%, from $5.95B in 1995 to $18.1B in 2019.

In 2012, Israel exported services to United States worth $2.86B, with Computer and information services ($2.6B), Royalties and license fees ($255M), and Construction services ($1.93M) being the largest in terms of value.

United States-Israel: In 2019, United States exported $13.4B to Israel . The main products that United States exported to Israel were Diamonds ($2.16B), Planes, Helicopters, and/or Spacecraft ($1.43B), and Special Purpose Ships ($1.09B). During the last 24 years the exports of United States to Israel have increased at an annualized rate of 3.8%, from $5.48B in 1995 to $13.4B in 2019.

In 2011, United States exported services to Israel worth $3.12B, with Travel ($1.16B), Transportation ($1.05B), and Royalties and license fees ($418M) being the largest in terms of value.

Comparison: In 2019, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 50 in total exports ($56B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, Israel exported $18.1B to United States. The main products exported from Israel to United States were Diamonds ($6.35B), Packaged Medicaments ($1.71B), and Medical Instruments ($907M). During the last 24 years the exports of Israel to United States have increased at an annualized rate of 4.74%, from $5.95B in 1995 to $18.1B in 2019.

In 2019, United States exported $13.4B to Israel. The main products exported from United States to Israel were Diamonds ($2.16B), Planes, Helicopters, and/or Spacecraft ($1.43B), and Special Purpose Ships ($1.09B). During the last 24 years the exports of United States to Israel have increased at an annualized rate of 3.8%, from $5.48B in 1995 to $13.4B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Israel
Top Destination: United States, $18.1B

United States
Top Destination: Canada, $252B

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

In 2019, countries that imported more from Israel than United States were Cyprus ($509M) and Malta ($165M).

In 2019, countries that imported more from United States than Israel were Canada ($252B), Mexico ($235B), and China ($103B).

Comparative Advantage Israel - United States

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Depth

Year

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

During 2019, Israel had a large net trade with United States in the exports of Precious Metals ($6.62B), Machines ($3.19B), and Chemical Products ($2.91B).

During 2019, United States had a large net trade with Israel in the exports of Transportation ($3.34B), Machines ($2.9B), and Precious Metals ($2.24B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Israel and United States (using the HS6 product classification and the last year reported).

In 2017, the products from Israel that paid the highest import tariffs to enter United States were Milk and cream powder unsweetened < 1.5% fat (212%) and Milk and cream powder sweetened < 1.5% fat (212%).

In 2018, the products from United States that paid the highest import tariffs to enter Israel were Ground-nuts: other than seed, not roasted or otherwise cooked, in shell (164%) and Ground-nuts: seed, not roasted or otherwise cooked, whether or not shelled or broken (132%).

*The tariffs present between Israel and United States are:
136: Most Favoured Nation duty rate treatement
387: United States - Israel Free Trade Agreement

Service Trade

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Bilateral Service Trade

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Usa YearIsr Year

In 2012, Israel exported services to United States worth $2.86B, with Computer and information services ($2.6B), Royalties and license fees ($255M), and Construction services ($1.93M) being the largest in terms of value.

In 2011, United States exported services to Israel worth $3.12B, with Travel ($1.16B), Transportation ($1.05B), and Royalties and license fees ($418M) 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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Year

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 Israel has comparative advantage over United States. Similarly, the more red a dot/product is, the more United States has comparative advantage over Israel.

About

Historical Data

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Israel - United States

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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