2022
Exports
$422MWorld Rnk 74 / 223
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$3.45BWorld Rnk 41 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $422M in Iron & steel, making it the 74th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 20th most exported product in Israel. The main destination of Iron & steel exports from Israel are: Turkey ($294M), Palestine ($43M), Greece ($18.7M), India ($18.3M), and Netherlands ($11.4M).

The fastest growing export markets for Iron & steel of Israel between 2021 and 2022 were Turkey ($72.9M), India ($4.91M), and Netherlands ($3.89M).

Imports In 2022, Israel imported $3.45B in Iron & steel, becoming the 41st largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Israel. Israel imports Iron & steel primarily from: Turkey ($1.29B), United Arab Emirates ($432M), China ($374M), Switzerland ($328M), and Hong Kong ($210M).

The fastest growing import markets in Iron & steel for Israel between 2021 and 2022 were United Arab Emirates ($405M), Hong Kong ($62.3M), and Palestine ($35.2M).

Latest Trends

Jul 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 Iron & steel. 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)$422M
IMPORTS (2022)$3.45B
NET TRADE (2022)-$3.03B

In 2022, Israel exported $422M in Iron & steel. The main destinations of Israel exports on Iron & steel were Turkey ($294M), Palestine ($43M), Greece ($18.7M), India ($18.3M), and Netherlands ($11.4M).

In 2022, Israel imported $3.45B in Iron & steel, mainly from Turkey ($1.29B), United Arab Emirates ($432M), China ($374M), Switzerland ($328M), and Hong Kong ($210M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Turkey$72.9M (33%)
India$4.91M (36.6%)
Netherlands$3.89M (51.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Israel WERE (2021 - 2022):
Greece-$14.1M (-43%)
Hong Kong-$8.87M (-91.5%)
Palestine-$5.16M (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Israel' main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $23M
TOP IMPORT POTENTIALChina+ $56.3M

Iron & steel’s highest export potential is India. With an export gap of $23M.   Iron & steel’s highest import potential is China with an import gap of $56.3M.

See methodology.

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