2021
Exports | Imports
$252M | $1.36BWorld Rnk 62 / 147
Flag Rnk 55 / 1163
World Rnk 50 / 163
Flag Rnk 9 / 1196
2021
ECONOMIC COMPLEXITY of Israel
1.21Rnk 20 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Israel exported $252M in Crude Petroleum, making it the 62nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 55th most exported product in Israel. The main destination of Crude Petroleum exports from Israel are: Bulgaria ($132M), India ($101M), Italy ($19.2M), Palestine ($6.59k), and Australia ($3.7k).

The fastest growing export markets for Crude Petroleum of Israel between 2020 and 2021 were Bulgaria ($111M), India ($101M), and Italy ($7.02M).

Imports In 2021, Israel imported $1.36B in Crude Petroleum, becoming the 50th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 9th most imported product in Israel. Israel imports Crude Petroleum primarily from: Azerbaijan ($888M), United States ($197M), Brazil ($134M), Nigeria ($86.7M), and Angola ($57.9M).

The fastest growing import markets in Crude Petroleum for Israel between 2020 and 2021 were Azerbaijan ($453M), Brazil ($134M), and Nigeria ($86.7M).

Latest Trends

Dec 2023

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2021)$252M
IMPORTS (2021)$1.36B
NET TRADE (2021)-$1.11B

In 2021, Israel exported $252M in Crude Petroleum. The main destinations of Israel exports on Crude Petroleum were Bulgaria ($132M), India ($101M), Italy ($19.2M), Palestine ($6.59k), and Australia ($3.7k).

In 2021, Israel imported $1.36B in Crude Petroleum, mainly from Azerbaijan ($888M), United States ($197M), Brazil ($134M), Nigeria ($86.7M), and Angola ($57.9M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Israel WERE (2020 - 2021):
Bulgaria$111M (519%)
India$101M (1%)
Italy$7.02M (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Israel WERE (2020 - 2021):Palestine-$477k (-98.6%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Israel' main exporting competitors in Crude Petroleum were:
In 2021, Israel' main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with