Refined Petroleum in Israel | The Observatory of Economic Complexity

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Exports In 2022, Israel exported $4.08B in Refined Petroleum, making it the 36th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Israel. The main destination of Refined Petroleum exports from Israel are: Palestine ($1.08B), Turkey ($1.03B), Cyprus ($723M), Greece ($340M), and Ukraine ($116M).

The fastest growing export markets for Refined Petroleum of Israel between 2021 and 2022 were Palestine ($594M), Cyprus ($323M), and Greece ($138M).

Imports In 2022, Israel imported $3.7B in Refined Petroleum, becoming the 67th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in Israel. Israel imports Refined Petroleum primarily from: India ($1.96B), Singapore ($388M), Greece ($321M), Romania ($220M), and United States ($203M).

The fastest growing import markets in Refined Petroleum for Israel between 2021 and 2022 were India ($1.37B), Singapore ($268M), and Romania ($220M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Israel to the United States.

Feb 2024

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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 Refined Petroleum. Countries are shown based on data availability.

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

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EXPORTS (2022)$4.08B

IMPORTS (2022)$3.7B

NET TRADE (2022)$376M

In 2022, Israel exported $4.08B in Refined Petroleum. The main destinations of Israel exports on Refined Petroleum were Palestine ($1.08B), Turkey ($1.03B), Cyprus ($723M), Greece ($340M), and Ukraine ($116M).

In 2022, Israel imported $3.7B in Refined Petroleum, mainly from India ($1.96B), Singapore ($388M), Greece ($321M), Romania ($220M), and United States ($203M).