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2023
Flag → Flag
Exports $9.21BRnk 33 / 220
2023
Flag → Flag
Top Product $684MDiamonds
2023
Flag → Flag
Exports $20.3BRnk 1 / 150
2023
Flag → Flag
Top Product $5.43BDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
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GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

United States-Israel Trade: In 2023, United States exported $9.21B to Israel. The main products that United States exported to Israel were Diamonds ($684M), Explosive Ammunition ($665M), and Packaged Medicaments ($388M). Over the past 5 years the exports of United States to Israel have decreased at an annualized rate of 1.5%, from $9.93B in 2018 to $9.21B in 2023.

In 2017, United States exported services to Israel worth $6.01B, with Travel ($1.35B), Other business services ($1.08B), and Transportation ($1.03B) being the largest in terms of value.

Israel-United States Trade: In 2023, Israel exported $20.3B to United States. The main products that Israel exported to United States were Diamonds ($5.43B), Integrated Circuits ($2.08B), and Broadcasting Equipment ($1.2B). Over the past 5 years the exports of Israel to United States have decreased at an annualized rate of 0.36%,  from $20.7B in 2018 to $20.3B in 2023.

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.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Company data: In 2023, leading companies such as Yokohama Industries (433), Banana Republic (129), and ZF Friedrichshafen (26) were at the forefront of exporting goods from Israel to the United States. Conversely, Alliance Tire Company Ltd. (261), Alliance Tire Company Ltd (172), and Tusker Apparel Ltd Co. (148) were notable for importing products to Israel from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $1.08B and imported $1.77B from Israel, resulting in a negative trade balance of $693M. Between November 2023 and November 2024 the exports of United States have decreased by $-156M (-12.7%) from $1.23B to $1.08B, while imports increased by $78.7M (4.65%) from $1.69B to $1.77B.

Trade In November 2024, the top exports of United States to Israel were Diamonds ($331M), Crude Petroleum ($64.7M), Integrated Circuits ($62.2M), Aircraft parts (gliders, balloons, and powered... ($32.5M), and Telephones ($30.5M). In November 2024 the top imports of United States from Israel were Diamonds ($562M), Packaged Medicaments ($113M), Integrated Circuits ($75.8M), Medical Instruments ($70.8M), and Telephones ($68.1M).

Origins In November 2024 the exports of United States were mainly from New York ($314M), California ($96.4M), Oregon ($88.3M), Texas ($81.3M), and Florida ($53.4M), while imports destinations were mainly New York ($433M), Texas ($249M), California ($187M), Pennsylvania ($130M), and Oregon ($115M).

Growth In November 2024, the decrease in United States's year-by-year exports to Israel was explained primarily by an decrease in product exports in Integrated Circuits ($-80.5M or -56.4%), Refined Petroleum ($-28M or -83.1%), and Electric Generating Sets ($-23.2M or -99.5%). In November 2024, the increase in United States's year-by-year imports  from Israel was explained primarily by an increase in product imports  in Packaged Medicaments ($43.6M or 62.4%), Telephones ($28.5M or 72.2%), and Centrifuges ($22.7M or 359%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-156M(-12.7%)
IMPORT GROWTH (November 2023 - November 2024)$78.7M(4.65%)
MAIN EXPORTER (November 2024)New York$314M

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

To check Israel and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $9.21B to Israel. The main products exported from United States to Israel were Diamonds ($684M), Explosive Ammunition ($665M), and Packaged Medicaments ($388M). During the last 5 years the exports of United States to Israel have decreased at an annualized rate of 1.5%, from $9.93B in 2018 to $9.21B in 2023.

In 2018, Israel exported $20.3B to United States. The main products exported from Israel to United States were Diamonds ($5.43B), Integrated Circuits ($2.08B), and Broadcasting Equipment ($1.2B). During the last 5 years the exports of Israel to United States have decreased at an annualized rate of 0.36%, from $20.7B in 2023 to $20.3B in 2018.

Exports from United States (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from United States than Israel included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Israel than United States included Cyprus ($671M).

Difference in imports from Israel (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Israel

Flow
Scale

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

During 2023, United States had a large net trade with Israel in the exports of Machines ($2.47B), Chemical Products ($1.38B), and Precious Metals ($827M).

During 2018, Israel had a large net trade with United States in the exports of Machines ($6.23B), Precious Metals ($5.77B), and Chemical Products ($2.51B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Israel+$174MRefined Petroleum
Top Product Potential Israel United States+$290MTelephones

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

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

Product Space of United States (Flag) and Israel (Flag) (2023)

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