Russia (RUS) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Pricing

Russia (RUS) and Israel (ISR) Trade

2022

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Exports $359MRnk 68 / 138

2022

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About

Russia-Israel In 2022, Russia exported $359M to Israel. The main products that Russia exported to Israel are Diamonds ($104M), Plywood ($42.3M), and Raw Aluminium ($18.4M). During the last 27 years the exports of Russia to Israel have increased at an annualized rate of 2.12%, from $204M in 1995 to $359M in 2022.

In 2020, Russia exported services to Israel worth $212M, with Transportation ($65.8M), Other business services ($42.9M), and Travel ($42.2M) being the largest in terms of value.

Israel-Russia In 2022, Israel exported $653M to Russia. The main products that Israel exported to Russia were Tropical Fruits ($78.5M), Video Displays ($63.8M), and Other Vegetables ($56.8M). During the last 27 years the exports of Israel to Russia have increased at an annualized rate of 3.5%, from $258M in 1995 to $653M in 2022.

In 2012, Israel exported services to Russia worth $100M, with Computer and information services ($99.4M) and Construction services ($1.07M) being the largest in terms of value.

Comparison In 2022, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.17), and 49 in total exports ($76.9B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $155M and imported $90.4M from Israel, resulting in a positive trade balance of $64.2M. Between January 2021 and January 2022 the exports of Russia have increased by $51M (49.2%) from $104M to $155M, while imports increased by $36.2M (66.7%) from $54.2M to $90.4M.

Trade In January 2022, the top exports of Russia to Israel were Hot-Rolled Iron Bars ($34.7M), Diamonds ($17.2M), Refined Petroleum ($15.3M), Barley ($6.8M), and Coal Briquettes ($6.02M). In January 2022 the top imports of Russia from Israel were Other Vegetables ($14.6M), Tropical Fruits ($4.34M), Beauty Products ($2.48M), Interchangeable Tool Parts ($2.15M), and Root Vegetables ($1.85M).

Origins In January 2022 the exports of Russia were mainly from KRASNODAR TERRITORY ($57.3M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($27.1M), REPUBLIC OF SAKHA (YAKUTIA) ($10.9M), KEMEROVO REGION ($8.17M), and REPUBLIC OF KHAKASSIA ($7.98M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($56.6M), KRASNODAR TERRITORY ($12M), ST. PETERSBURG ($7.42M), MOSCOW REGION ($6.98M), and SVERDLOVSK REGION ($1.26M).

Growth In January 2022, the increase in Russia's year-by-year exports to Israel was explained primarily by an increase in product exports in Hot-Rolled Iron Bars ($22.9M or 196%), Refined Petroleum ($11.7M or 326%), and Coal Briquettes ($1.71M or 39.5%). In January 2022, the increase in Russia's year-by-year imports from Israel was explained primarily by an increase in product imports in Other Heating Machinery ($970k or 220%), Other Furniture ($896k or 229%), and Beauty Products ($890k or 55.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$51M(49.2%)

IMPORT GROWTH (January 2021 - January 2022)$36.2M(66.7%)

MAIN EXPORTER (January 2022)KRASNODAR TERRITORY$57.3M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Israel and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $359M to Israel. The main products exported from Russia to Israel were Diamonds ($104M), Plywood ($42.3M), and Raw Aluminium ($18.4M). During the last 27 years the exports of Russia to Israel have increased at an annualized rate of 2.12%, from $204M in 1995 to $359M in 2022.

In 2022, Israel exported $653M to Russia. The main products exported from Israel to Russia were Tropical Fruits ($78.5M), Video Displays ($63.8M), and Other Vegetables ($56.8M). During the last 27 years the exports of Israel to Russia have increased at an annualized rate of 3.5%, from $258M in 1995 to $653M in 2022.

Exports from Russia () to Israel () (2022)

Exports from Israel () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Israel
Top DestinationUnited States$20.3B

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

In 2021, countries that imported more from Russia than Israel were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Israel than Russia were United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage Russia - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Israel in the exports of Precious Metals ($105M), Wood Products ($59.2M), and Chemical Products ($50.3M).

During 2022, Israel had a large net trade with Russia in the exports of Vegetable Products ($210M), Machines ($157M), and Chemical Products ($99.1M).

Service Trade

Bilateral Service Trade

Isr Year

Rus Year

In 2020, Russia exported services to Israel worth $212M, with Transportation ($65.8M), Other business services ($42.9M), and Travel ($42.2M) being the largest in terms of value.

In 2012, Israel exported services to Russia worth $100M, with Computer and information services ($99.4M) and Construction services ($1.07M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Israel () (2020)

Services Exports from Israel () to Russia () (2012)

Economic Complexity

Competitive Landscape

Year

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

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

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