2022
Exports
$17.8MWorld Rnk 69 / 221
Flag Rnk 280 / 1170
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$183MWorld Rnk 55 / 224
Flag Rnk 122 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $17.8M in Excavation Machinery, making it the 69th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 280th most exported product in Israel. The main destination of Excavation Machinery exports from Israel are: United States ($5.8M), Palestine ($2.72M), Greece ($1.07M), Spain ($1.01M), and Gabon ($797k).

The fastest growing export markets for Excavation Machinery of Israel between 2021 and 2022 were Greece ($933k), Spain ($798k), and Gabon ($797k).

Imports In 2022, Israel imported $183M in Excavation Machinery, becoming the 55th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 122nd most imported product in Israel. Israel imports Excavation Machinery primarily from: United Kingdom ($22.4M), Germany ($20.9M), China ($20.5M), Italy ($19.7M), and Belgium ($14.8M).

The fastest growing import markets in Excavation Machinery for Israel between 2021 and 2022 were United Kingdom ($12.8M), Belgium ($12.2M), and France ($4M).

Latest Trends

Nov 2024

Subnational Monthly Trade

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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 Excavation Machinery. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.8M
IMPORTS (2022)$183M
NET TRADE (2022)-$165M

In 2022, Israel exported $17.8M in Excavation Machinery. The main destinations of Israel exports on Excavation Machinery were United States ($5.8M), Palestine ($2.72M), Greece ($1.07M), Spain ($1.01M), and Gabon ($797k).

In 2022, Israel imported $183M in Excavation Machinery, mainly from United Kingdom ($22.4M), Germany ($20.9M), China ($20.5M), Italy ($19.7M), and Belgium ($14.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Greece$933k (694%)
Spain$798k (370%)
Gabon$797k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Israel WERE (2021 - 2022):
United States-$7.74M (-57.2%)
France-$1.09M (-93.3%)
Palestine-$1.03M (-27.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Excavation Machinery were:
In 2022, Israel' main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $5.27M
TOP IMPORT POTENTIALChina+ $15.8M

Excavation Machinery’s highest export potential is United States. With an export gap of $5.27M.   Excavation Machinery’s highest import potential is China with an import gap of $15.8M.

See methodology.

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