Overview In 2020, Israel was the number 28 economy in the world in terms of GDP (current US$), the number 48 in total exports, the number 43 in total imports,
the number 24 economy in terms of GDP per capita (current US$) and the number 20 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Israel are Diamonds ($5.77B), Integrated Circuits ($3.38B), Packaged Medicaments ($1.97B), Medical Instruments ($1.86B), and Other Measuring Instruments ($1.6B), exporting mostly to United States ($14.1B), China ($4.64B), Palestine ($3.34B), Netherlands ($2.28B), and Germany ($2.01B).
Imports The top imports of Israel are Cars ($4.31B), Diamonds ($2.65B), Packaged Medicaments ($1.9B), Broadcasting Equipment ($1.75B), and Computers ($1.34B), importing mostly from China ($9.01B), United States ($8.03B), Germany ($5.11B), Turkey ($4.67B), and Switzerland ($3.36B).
Location Israel borders Egypt, Jordan, Lebanon, and Syria by land and Cyprus by sea.