Australia (AUS) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Australia-Israel Trade: In 2023, Australia exported $243M to Israel. The main products that Australia exported to Israel were Bovine ($68.3M), Rice ($38M), and Frozen Bovine Meat ($21.5M). Over the past 5 years the exports of Australia to Israel have increased at an annualized rate of 0.82%, from $234M in 2018 to $243M in 2023.

In 2023, Australia did not export any services to Israel.

Israel-Australia Trade: In 2023, Israel exported $581M to Australia. The main products that Israel exported to Australia were Cement Articles ($61.8M), Self-adhesive Plastics ($51.6M), and Medical Instruments ($32.6M). Over the past 5 years the exports of Israel to Australia have decreased at an annualized rate of 3.47%, from $693M in 2018 to $581M in 2023.

In 2012, Israel exported services to Australia worth $23.5M, with Computer and information services ($19.9M) and Construction services ($3.58M) being the largest in terms of value.

Comparison: In 2023, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Australia exported $243M to Israel. The main products exported from Australia to Israel were Bovine ($68.3M), Rice ($38M), and Frozen Bovine Meat ($21.5M). During the last 5 years the exports of Australia to Israel have increased at an annualized rate of 0.82%, from $234M in 2018 to $243M in 2023.

In 2018, Israel exported $581M to Australia. The main products exported from Israel to Australia were Cement Articles ($61.8M), Self-adhesive Plastics ($51.6M), and Medical Instruments ($32.6M). During the last 5 years the exports of Israel to Australia have decreased at an annualized rate of 3.47%, from $693M in 2023 to $581M in 2018.

Exports from Australia () to Israel () (2023)

Exports from Israel () to Australia () (2023)

Latest Data

Trade between Australia () and Israel ()

Australia Exports

Date

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$137B

Israel
Top DestinationUnited States$20.3B

This map shows whether countries import more from Australia or Israel. Each country is colored based on the difference in imports they receive from Australia and Israel or the difference in the growth in imports.

In 2023, countries that imported more from Australia than Israel included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Israel than Australia included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

Difference in imports from Israel () and Australia () (2023)

Comparative Advantage Australia - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and Israel by product, considering products traded by both, Australia and Israel.

During 2023, Australia had a large net trade with Israel in the exports of Animal Products ($116M), Vegetable Products ($40.1M), and Plastics and Rubbers ($19.7M).

During 2018, Israel had a large net trade with Australia in the exports of Machines ($158M), Plastics and Rubbers ($122M), and Chemical Products ($103M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Israel+$6.67MFrozen Bovine Meat

Top Product Potential Israel Australia+$21.1MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and Israel. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Australia.

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Historical Data

Bilateral Trade by Products

Exports from Australia () to Israel () (2023)

Exports from Israel () to Australia () (2023)

Latest Data

Trade between Australia () and Israel ()

Australia Exports

Israel Exports

Market Competitiveness

Difference in imports from Israel () and Australia () (2023)

Comparative Advantage Australia - Israel

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Israel () (2023)

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