2023
Exports
$408MWorld Rnk 31 / 219
Flag Rnk 30 / 1140
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$691MWorld Rnk 38 / 226
Flag Rnk 13 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $408M in Machinery Having Individual Functions, making it the 31st largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 30th most exported product in Israel. The main destination of Machinery Having Individual Functions exports from Israel are: United States ($126M), China ($41.5M), Germany ($40.8M), Chinese Taipei ($29.6M), and Japan ($23.1M).

The fastest growing export markets for Machinery Having Individual Functions of Israel between 2022 and 2023 were South Korea ($11.3M), Hong Kong ($5.2M), and China ($3.13M).

Imports In 2023, Israel imported $691M in Machinery Having Individual Functions, becoming the 38th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 13th most imported product in Israel. Israel imports Machinery Having Individual Functions primarily from: United States ($127M), Germany ($118M), Singapore ($67.7M), Japan ($56.1M), and China ($47.7M).

The fastest growing import markets in Machinery Having Individual Functions for Israel between 2022 and 2023 were Chinese Taipei ($11.4M), Malaysia ($10.1M), and Czechia ($4.18M).

Latest Trends

Jan 2025

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 Machinery Having Individual Functions. 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)$408M
IMPORTS (2023)$691M
NET TRADE (2023)-$284M

In 2023, Israel exported $408M in Machinery Having Individual Functions. The main destinations of Israel exports on Machinery Having Individual Functions were United States ($126M), China ($41.5M), Germany ($40.8M), Chinese Taipei ($29.6M), and Japan ($23.1M).

In 2023, Israel imported $691M in Machinery Having Individual Functions, mainly from United States ($127M), Germany ($118M), Singapore ($67.7M), Japan ($56.1M), and China ($47.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Israel WERE (2022 - 2023):
South Korea$11.3M (184%)
Hong Kong$5.2M (351%)
China$3.13M (8.15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Israel WERE (2022 - 2023):
Ireland-$35.4M (-91.6%)
Spain-$13.7M (-79.9%)
Singapore-$11.4M (-39.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Machinery Having Individual Functions were:
In 2023, Israel' main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.1M
TOP IMPORT POTENTIALChina+ $22.2M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $21.1M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $22.2M.

See methodology.

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