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Pricing

2022
Flag → Flag
Exports $2.53BRnk 30 / 224
2022
Flag → Flag
Top Product $321MGas Turbines
2022
Flag → Flag
Exports $3.18BRnk 5 / 187
2022
Flag → Flag
Top Product $1.21BUnpackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
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GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

United Kingdom-Israel Trade: In 2022, United Kingdom exported $2.53B to Israel. The main products that United Kingdom exported to Israel were Gas Turbines ($321M), Packaged Medicaments ($160M), and Diamonds ($114M). Over the past 5 years the exports of United Kingdom to Israel have decreased at an annualized rate of 1.67%, from $2.75B in 2017 to $2.53B in 2022.

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 2022, Israel exported $3.18B to United Kingdom. The main products that Israel exported to United Kingdom were Unpackaged Medicaments ($1.21B), Diamonds ($385M), and Medical Instruments ($80.3M). Over the past 5 years the exports of Israel to United Kingdom have increased at an annualized rate of 6.28%,  from $2.35B in 2017 to $3.18B in 2022.

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 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £113M and imported £104M from Israel, resulting in a positive trade balance of £9.01M. Between July 2023 and July 2024 the exports of United Kingdom have decreased by £-66.3M (-36.9%) from £180M to £113M, while imports decreased by £-10.2M (-8.93%) from £115M to £104M.

Trade In July 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 July 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 July 2024 the exports of United Kingdom were mainly from Southampton (£31.3M), London Gateway (£28.5M), London Heathrow Airport (£26.8M), Avonmouth (£6.58M), and East Midlands Airport (£5.68M), while imports destinations were mainly London Gateway (£45.1M), London Heathrow Airport (£30.7M), Felixstowe (£4.36M), and London Stansted Airport (£3.63M).

Growth In July 2024, the decrease in United Kingdom's year-by-year exports to Israel was explained primarily by an decrease in product exports in Diamonds (£-12M or -95.6%), Knit Sweaters (£-2.14M or -97.2%), and Chocolate (£-1.39M or -55.4%). In July 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 (July 2023 - July 2024)£-66.3M(-36.9%)
IMPORT GROWTH (July 2023 - July 2024)£-10.2M(-8.93%)
MAIN EXPORTER (July 2024)Southampton£31.3M

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 2022, United Kingdom exported $2.53B to Israel. The main products exported from United Kingdom to Israel were Gas Turbines ($321M), Packaged Medicaments ($160M), and Diamonds ($114M). During the last 5 years the exports of United Kingdom to Israel have decreased at an annualized rate of 1.67%, from $2.75B in 2017 to $2.53B in 2022.

In 2017, Israel exported $3.18B to United Kingdom. The main products exported from Israel to United Kingdom were Unpackaged Medicaments ($1.21B), Diamonds ($385M), and Medical Instruments ($80.3M). During the last 5 years the exports of Israel to United Kingdom have increased at an annualized rate of 6.28%, from $2.35B in 2022 to $3.18B in 2017.

Exports from United Kingdom (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
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 2022, countries that imported more from United Kingdom than Israel included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Israel than United Kingdom included Palestine ($4.6B), Cyprus ($827M), and Cuba ($7.87M).

Difference in imports from Israel (Flag) and United Kingdom (Flag) (2022)

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 2022, United Kingdom had a large net trade with Israel in the exports of Machines ($1.02B), Chemical Products ($355M), and Transportation ($212M).

During 2017, Israel had a large net trade with United Kingdom in the exports of Chemical Products ($1.63B), Precious Metals ($432M), and Machines ($299M).

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) (2022)

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