Overview: In 2018 Israel was the number 31 economy in the world in terms of GDP (current US$), the number 51 in total exports, the number 43 in total imports, and the number 19 most complex economy according to the Economic Complexity Index (ECI). In 2018, Israel exported $59B and imported $76.6B, resulting in a negative trade balance of -$17.6B. In 2018, Israel's exports per capita were $6.65k and its imports per capita were $8.63k.
Trade: The top exports of Israel are Diamonds ($10.7B), Packaged Medicaments ($4.04B), Refined Petroleum ($2.76B), Integrated Circuits ($2.63B), and Other Measuring Instruments ($1.45B). The top imports of Israel are Crude Petroleum ($7.23B), Diamonds ($6.76B), Cars ($4.54B), Refined Petroleum ($1.8B), and Photo Lab Equipment ($1.79B).
Destinations: Israel exports mostly to United States ($19B), China ($5.15B), Palestine ($3.03B), United Kingdom ($2.19B), and Germany ($2.17B), and imports mostly from United States ($10.3B), China ($9.92B), Turkey ($6.35B), Germany ($5.35B), and Russia ($4.21B).
Location: Israel borders Egypt, Jordan, Lebanon, and Syria by land and Cyprus by sea.