Russia (RUS) and Israel (ISR) Trade

About

Russia-Israel: In 2018, Russia exported $4.21B to Israel. The main products exported from Russia to Israel were Crude Petroleum ($2.13B), Diamonds ($594M), and Refined Petroleum ($592M). During the last 23 years the exports of Russia to Israel have increased at an annualized rate of 14%, from $205M in 1995 to $4.21B in 2018. In 2018, Russia exported services to Israel worth $429M, with Travel ($309M), Other business services ($33.7M), and Transportation ($30.1M) being the largest in terms of value.

Israel-Russia: In 2018, Israel exported $767M to Russia. The main products exported from Israel to Russia were Other Vegetables ($118M), Root Vegetables ($40.3M), and Tropical Fruits ($35.5M). During the last 23 years the exports of Israel to Russia have increased at an annualized rate of 4.85%, from $258M in 1995 to $767M in 2018. 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 2018, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). 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, Russia was ranked 69 with a GDP Per Capita of $11,289, and Israel was ranked 25 with a GDP Per Capita of $41,715.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, Russia exported $4.21B to Israel. The main products exported from Russia to Israel were Crude Petroleum ($2.13B), Diamonds ($594M), and Refined Petroleum ($592M). During the last 23 years the exports of Russia to Israel have increased at an annualized rate of 14%, from $205M in 1995 to $4.21B in 2018.

In 2018, Israel exported $767M to Russia. The main products exported from Israel to Russia were Other Vegetables ($118M), Root Vegetables ($40.3M), and Tropical Fruits ($35.5M). During the last 23 years the exports of Israel to Russia have increased at an annualized rate of 4.85%, from $258M in 1995 to $767M in 2018.

Monthly Trade

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Russia
Top Destination: China, $55.2B

Israel
Top Destination: United States, $19B

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 2018, countries that imported more from Russia than Israel were China ($55.2B), Netherlands ($41B), and Belarus ($21.6B).

In 2018, countries that imported more from Israel than Russia were United States ($19B), Palestine ($3.03B), and Australia ($600M).

Comparative Advantage Russia - Israel

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Year

Depth

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

During 2018, Russia had a large net trade with Israel in the exports of Mineral Products ($2.95B), Precious Metals ($595M), and Metals ($234M).

During 2018, Israel had a large net trade with Russia in the exports of Vegetable Products ($240M), Chemical Products ($125M), and Machines ($118M).

Tariff Section

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Tariffs

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

In 2018, the products from Russia that paid the highest import tariffs to enter Israel were Undenatured ethyl alcohol > 80% by volume (100%) and Ethyl alcohol and other spirits, denatured (100%).

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

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*The tariffs present between Russia and Israel are:
136: Most Favoured Nation duty rate treatement

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between Russia 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.

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Service Trade

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Bilateral Service Trade

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Rus YearIsr Year

In 2018, Russia exported services to Israel worth $429M, with Travel ($309M), Other business services ($33.7M), and Transportation ($30.1M) 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.

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

About

Product Trade

Bilateral Trade by Products

Monthly Trade

Market Competitiveness

Comparative Advantage Russia - Israel

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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