Crude Petroleum in Israel

EXPORTS (2018): $2.91M, World Rnk 100 / 120
Flag Rnk 530 / 1135

TOP DESTINATION (2018): $902k, Portugal

FASTEST GROWING MARKET (2017 - 2018): $770k, Palestine

IMPORTS (2018): $7.23B, World Rnk 23 / 148
Flag Rnk 1 / 1192

TOP ORIGIN (2018): $2.5B, Turkey

FASTEST GROWING ORIGIN (2017 - 2018): $2.46B, Turkey

ECONOMIC COMPLEXITY of Israel (2018): 1.28, Rnk 19 / 137

Overview: This page contains the latest trade data of Crude Petroleum in Israel.

Exports: In 2018, Israel exported $2.91M in Crude Petroleum, making it the 100th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 530th most exported product in Israel. The main destination of Crude Petroleum exports from Israel are: Portugal ($902k), Palestine ($770k), United States ($323k), Greece ($323k), and Uganda ($228k).

The fastest growing export markets for Crude Petroleum of Israel between 2017 and 2018 were Palestine ($770k), United States ($322k), and Portugal ($82k).

Imports: In 2018, Israel imported $7.23B in Crude Petroleum, becoming the 23rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Israel. Israel imports Crude Petroleum primarily from: Turkey ($2.5B), Russia ($2.13B), Azerbaijan ($1.31B), Kazakhstan ($358M), and Angola ($281M).

The fastest growing import markets in Crude Petroleum for Israel between 2017 and 2018 were Turkey ($2.46B), Russia ($1.75B), and Azerbaijan ($671M).

Value

EXPORTS (2018): $2.91M

IMPORTS (2018): $7.23B

NET TRADE (2018): -$7.22B

In 2018, Israel exported $2.91M in Crude Petroleum. The main destinations of Israel exports on Crude Petroleum were Portugal ($902k), Palestine ($770k), United States ($323k), Greece ($323k), and Uganda ($228k).

In 2018, Israel imported $7.23B in Crude Petroleum, mainly from Turkey ($2.5B), Russia ($2.13B), Azerbaijan ($1.31B), Kazakhstan ($358M), and Angola ($281M).

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IN 2018, Israel HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • Portugal, $902k ($902k - $0)
  • Palestine, $770k ($770k - $0)
  • Greece, $323k ($323k - $0)

IN 2018, Israel HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Turkey, -$2.5B ($0 - $2.5B)
  • Russia, -$2.13B ($0 - $2.13B)
  • Azerbaijan, -$1.31B ($0 - $1.31B)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Israel WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Israel WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Israel' main exporting competitors in Crude Petroleum were:

In 2018, Israel' main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Israel. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Crude Petroleum in the imports of Israel were of 0% around the world.

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