2023
Exports
$9.99BWorld Rnk 14 / 222
Flag Rnk 1 / 1140
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$1.67BWorld Rnk 27 / 224
Flag Rnk 6 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $9.99B in Integrated Circuits, making it the 14th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 1st most exported product in Israel. The main destination of Integrated Circuits exports from Israel are: Ireland ($3.58B), China ($3.23B), United States ($2.08B), Japan ($286M), and Mexico ($172M).

The fastest growing export markets for Integrated Circuits of Israel between 2022 and 2023 were United States ($851M), Japan ($130M), and Mexico ($57.6M).

Imports In 2023, Israel imported $1.67B in Integrated Circuits, becoming the 27th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 6th most imported product in Israel. Israel imports Integrated Circuits primarily from: Chinese Taipei ($384M), United States ($276M), South Korea ($170M), Netherlands ($157M), and China ($144M).

The fastest growing import markets in Integrated Circuits for Israel between 2022 and 2023 were Chinese Taipei ($177M), Malaysia ($85.3M), and South Korea ($61M).

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 Integrated Circuits. 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)$9.99B
IMPORTS (2023)$1.67B
NET TRADE (2023)$8.32B

In 2023, Israel exported $9.99B in Integrated Circuits. The main destinations of Israel exports on Integrated Circuits were Ireland ($3.58B), China ($3.23B), United States ($2.08B), Japan ($286M), and Mexico ($172M).

In 2023, Israel imported $1.67B in Integrated Circuits, mainly from Chinese Taipei ($384M), United States ($276M), South Korea ($170M), Netherlands ($157M), and China ($144M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Israel WERE (2022 - 2023):
United States$851M (69.3%)
Japan$130M (83%)
Mexico$57.6M (50.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Israel WERE (2022 - 2023):
Vietnam-$1.1B (-99.2%)
Ireland-$990M (-21.7%)
China-$596M (-15.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Integrated Circuits were:
In 2023, Israel' main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $567M
TOP IMPORT POTENTIALChina+ $120M

Integrated Circuits’s highest export potential is China. With an export gap of $567M.   Integrated Circuits’s highest import potential is China with an import gap of $120M.

See methodology.

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