2023
Exports
$218MWorld Rnk 61 / 223
Flag Rnk 60 / 1140
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$656MWorld Rnk 42 / 225
Flag Rnk 15 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $218M in Insulated Wire, making it the 61st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 60th most exported product in Israel. The main destination of Insulated Wire exports from Israel are: United States ($79.5M), Hungary ($18.7M), Canada ($13.9M), Hong Kong ($9.95M), and China ($9.37M).

The fastest growing export markets for Insulated Wire of Israel between 2022 and 2023 were United States ($15M), Hungary ($8.28M), and Hong Kong ($7.35M).

Imports In 2023, Israel imported $656M in Insulated Wire, becoming the 42nd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 15th most imported product in Israel. Israel imports Insulated Wire primarily from: Turkey ($166M), China ($124M), Greece ($74.7M), United States ($64.3M), and India ($31.8M).

The fastest growing import markets in Insulated Wire for Israel between 2022 and 2023 were India ($11.8M), Mexico ($5.44M), and China ($4.18M).

Latest Trends

Dec 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 Insulated Wire. 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 (2023)$218M
IMPORTS (2023)$656M
NET TRADE (2023)-$438M

In 2023, Israel exported $218M in Insulated Wire. The main destinations of Israel exports on Insulated Wire were United States ($79.5M), Hungary ($18.7M), Canada ($13.9M), Hong Kong ($9.95M), and China ($9.37M).

In 2023, Israel imported $656M in Insulated Wire, mainly from Turkey ($166M), China ($124M), Greece ($74.7M), United States ($64.3M), and India ($31.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Israel WERE (2022 - 2023):
United States$15M (23.3%)
Hungary$8.28M (79.1%)
Hong Kong$7.35M (282%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Israel WERE (2022 - 2023):
Palestine-$8.42M (-100%)
Belgium-$7.04M (-43.6%)
Kazakhstan-$4.47M (-96.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Insulated Wire were:
In 2023, Israel' main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32M
TOP IMPORT POTENTIALChina+ $59.1M

Insulated Wire’s highest export potential is United States. With an export gap of $32M.   Insulated Wire’s highest import potential is China with an import gap of $59.1M.

See methodology.

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