India-Israel Trade: In 2022, India exported $4.86B to Israel. The main products that India exported to Israel were Refined Petroleum ($1.96B), Diamonds ($1.28B), and Nitrogen Heterocyclic Compounds ($65.3M). Over the past 5 years the exports of India to Israel have increased at an annualized rate of 13.3%, from $2.6B in 2017 to $4.86B in 2022.
In 2022, India did not export any services to Israel.
Israel-India Trade: In 2022, Israel exported $3.07B to India. The main products that Israel exported to India were Diamonds ($874M), Potassic Fertilizers ($419M), and Navigation Equipment ($281M). Over the past 5 years the exports of Israel to India have increased at an annualized rate of 4.53%, from $2.06B in 2017 to $3.07B in 2022.
In 2012, Israel exported services to India worth $57.4M, with Computer and information services ($57.4M) being the largest in terms of value.
Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).