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

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Israel-Australia Trade: In 2022, Israel exported $687M to Australia. The main products that Israel exported to Australia were Cement Articles ($81.8M), Medical Instruments ($38.9M), and Diamonds ($31.6M). Over the past 5 years the exports of Israel to Australia have decreased at an annualized rate of 1.55%, from $743M in 2017 to $687M in 2022.

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.

Australia-Israel Trade: In 2022, Australia exported $250M to Israel. The main products that Australia exported to Israel were Bovine ($41.9M), Rice ($37.3M), and Self-adhesive Plastics ($22.8M). Over the past 5 years the exports of Australia to Israel have increased at an annualized rate of 5%, from $187M in 2017 to $250M in 2022.

In 2022, Australia did not export any services to Israel.

Comparison: In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $687M to Australia. The main products exported from Israel to Australia were Cement Articles ($81.8M), Medical Instruments ($38.9M), and Diamonds ($31.6M). During the last 5 years the exports of Israel to Australia have decreased at an annualized rate of 1.55%, from $743M in 2017 to $687M in 2022.

In 2017, Australia exported $250M to Israel. The main products exported from Australia to Israel were Bovine ($41.9M), Rice ($37.3M), and Self-adhesive Plastics ($22.8M). During the last 5 years the exports of Australia to Israel have increased at an annualized rate of 5%, from $187M in 2022 to $250M in 2017.

Exports from Israel () to Australia () (2022)

Exports from Australia () to Israel () (2022)

Latest Data

Trade between Israel () and Australia ()

Israel Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Israel than Australia included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Australia than Israel included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia () and Israel () (2022)

Comparative Advantage Israel - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with Australia in the exports of Machines ($179M), Plastics and Rubbers ($119M), and Chemical Products ($115M).

During 2017, Australia had a large net trade with Israel in the exports of Animal Products ($80.6M), Vegetable Products ($38.8M), and Footwear and Headwear ($27M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Australia+$21.1MTelephones

Top Product Potential Australia Israel+$6.67MFrozen Bovine Meat

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 Israel and Australia. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Israel.

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Australia () (2022)

Exports from Australia () to Israel () (2022)

Latest Data

Trade between Israel () and Australia ()

Israel Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Israel () (2022)

Comparative Advantage Israel - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Australia () (2022)

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