Flag United States / Israel Flag

Exports Flag β†’ Flag  (2018): $10.3B, Rnk 28 / 215

Top Product Flag β†’ Flag (2018): $2.56B, Diamonds

Exports Flag β†’ Flag (2018): $19B, Rnk 1 / 152

Top Product Flag β†’ Flag (2018): $7.21B, Diamonds

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI 1.28, Rnk 19 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $371B, CURRENT US$
Rnk 31 / 196

GDP GROWTH Flag (2008-2018): 71.5%, CURRENT US$
Rnk 53 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $41,715, CURRENT US$
Rnk 25 / 196

GDP PC GROWTH Flag (2008-2018): 41.1%, CURRENT US$
Rnk 59 / 196

United States-Israel: In 2018, United States exported $10.3B to Israel. The main products exported from United States to Israel were Diamonds ($2.56B), Planes, Helicopters, and/or Spacecraft ($713M), and Photo Lab Equipment ($372M). During the last 23 years the exports of United States to Israel have increased at an annualized rate of 2.9%, from $5.32B in 1995 to $10.3B in 2018. 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.

Israel-United States: In 2018, Israel exported $19B to United States. The main products exported from Israel to United States were Diamonds ($7.21B), Packaged Medicaments ($2.74B), and Planes, Helicopters, and/or Spacecraft ($322M). During the last 23 years the exports of Israel to United States have increased at an annualized rate of 5.17%, from $5.95B in 1995 to $19B in 2018. 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 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). 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, United States was ranked 10 with a GDP Per Capita of $62,795, and Israel was ranked 25 with a GDP Per Capita of $41,715.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $10.3B to Israel. The main products exported from United States to Israel were Diamonds ($2.56B), Planes, Helicopters, and/or Spacecraft ($713M), and Photo Lab Equipment ($372M). During the last 23 years the exports of United States to Israel have increased at an annualized rate of 2.9%, from $5.32B in 1995 to $10.3B in 2018.

In 2018, Israel exported $19B to United States. The main products exported from Israel to United States were Diamonds ($7.21B), Packaged Medicaments ($2.74B), and Planes, Helicopters, and/or Spacecraft ($322M). During the last 23 years the exports of Israel to United States have increased at an annualized rate of 5.17%, from $5.95B in 1995 to $19B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Israel
Top Destination
: United States, $19B

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 2018, countries that imported more from United States than Israel were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Israel than United States were Palestine ($3.03B) and Cyprus ($568M).

Comparative Advantage United States - Israel

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Depth

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

During 2018, United States had a large net trade with Israel in the exports of Precious Metals ($2.61B), Machines ($2.28B), and Transportation ($1.29B).

During 2018, Israel had a large net trade with United States in the exports of Precious Metals ($7.47B), Chemical Products ($3.98B), and Machines ($3.02B).

Tariff Section

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

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%).

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%).

Explore Tariff Data

*The tariffs present between United States and Israel are:
129: Israel - United States Free Trade Agreement (incl. Palestinian Authority; 1985)
129: Israel - United States Free Trade Agreement (incl. Palestinian Authority; 1985)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United States 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.

Explore Forecasts

Bilateral Service Trade

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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.

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.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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