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2023
Flag → Flag
Exports $1.8BRnk 36 / 223
2023
Flag → Flag
Top Product $400MGas Turbines
2023
Flag → Flag
Exports $2.11BRnk 7 / 150
2023
Flag → Flag
Top Product $265MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
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GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
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GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

United Kingdom-Israel Trade: In 2023, United Kingdom exported $1.8B to Israel. The main products that United Kingdom exported to Israel were Gas Turbines ($400M), Packaged Medicaments ($115M), and Hard Liquor ($82.6M). Over the past 5 years the exports of United Kingdom to Israel have decreased at an annualized rate of 2.81%, from $2.08B in 2018 to $1.8B in 2023.

In 2009, United Kingdom exported services to Israel worth $1.42B, with Services not allocated ($1B), Transportation ($228M), and Travel ($191M) being the largest in terms of value.

Israel-United Kingdom Trade: In 2023, Israel exported $2.11B to United Kingdom. The main products that Israel exported to United Kingdom were Diamonds ($265M), Unpackaged Medicaments ($115M), and Medical Instruments ($106M). Over the past 5 years the exports of Israel to United Kingdom have increased at an annualized rate of 6.89%,  from $1.51B in 2018 to $2.11B in 2023.

In 2012, Israel exported services to United Kingdom worth $375M, with Computer and information services ($343M), Royalties and license fees ($30M), and Construction services ($1.75M) being the largest in terms of value.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £141M and imported £96.8M from Israel, resulting in a positive trade balance of £43.7M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £15.8M (12.6%) from £125M to £141M, while imports decreased by £-28.6M (-22.8%) from £125M to £96.8M.

Trade In November 2024, the top exports of United Kingdom to Israel were Gas Turbines (£23.6M), Packaged Medicaments (£9.32M), Hard Liquor (£7.84M), Delivery Trucks (£6.63M), and Cars (£4.71M). In November 2024 the top imports of United Kingdom from Israel were Gas Turbines (£23M), Tropical Fruits (£7.76M), Diamonds (£6.39M), Propylene Polymers (£4.78M), and Soap (£4.47M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£64.5M), Southampton (£21M), London Gateway (£20.6M), London Stansted Airport (£7.45M), and Avonmouth (£7.09M), while imports destinations were mainly London Heathrow Airport (£26.1M), London Gateway (£21.3M), East Midlands Airport (£5.31M), and London Stansted Airport (£5.25M).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Israel was explained primarily by an increase in product exports in Gas Turbines (£22.8M or 2.83k%), Delivery Trucks (£5.26M or 385%), and LCDs (£2.16M or 546%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Israel was explained primarily by an decrease in product imports  in Diamonds (£-29.3M or -82.1%), Potassic Fertilizers (£-10.9M or -99.4%), and Other toys (£-2.85M or -90.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£15.8M(12.6%)
IMPORT GROWTH (November 2023 - November 2024)£-28.6M(-22.8%)
MAIN EXPORTER (November 2024)London Heathrow Airport£64.5M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Israel and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $1.8B to Israel. The main products exported from United Kingdom to Israel were Gas Turbines ($400M), Packaged Medicaments ($115M), and Hard Liquor ($82.6M). During the last 5 years the exports of United Kingdom to Israel have decreased at an annualized rate of 2.81%, from $2.08B in 2018 to $1.8B in 2023.

In 2018, Israel exported $2.11B to United Kingdom. The main products exported from Israel to United Kingdom were Diamonds ($265M), Unpackaged Medicaments ($115M), and Medical Instruments ($106M). During the last 5 years the exports of Israel to United Kingdom have increased at an annualized rate of 6.89%, from $1.51B in 2023 to $2.11B in 2018.

Exports from United Kingdom (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from United Kingdom than Israel included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

In 2023, countries that imported more from Israel than United Kingdom included Egypt ($2.23B) and Cuba ($7.43M).

Difference in imports from Israel (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Israel

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Israel in the exports of Machines ($764M), Chemical Products ($290M), and Transportation ($191M).

During 2018, Israel had a large net trade with United Kingdom in the exports of Chemical Products ($540M), Machines ($361M), and Precious Metals ($304M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Israel+$80.8MCars
Top Product Potential Israel United Kingdom+$41.6MTelephones

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

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

Product Space of United Kingdom (Flag) and Israel (Flag) (2023)

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