2023
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GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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 GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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GDP PC 
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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2023
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GDP PC
$12,614CURRENT US$
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2013-2023
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GDP PC GROWTH
79.7%CURRENT US$
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About

Israel-China Trade: In 2023, Israel exported $7.09B to China. The main products that Israel exported to China were Integrated Circuits ($3.23B), Other Measuring Instruments ($621M), and Diamonds ($379M). Over the past 5 years the exports of Israel to China have increased at an annualized rate of 7.37%, from $4.97B in 2018 to $7.09B in 2023.

In 2012, Israel exported services to China worth $17M, with Computer and information services ($17M) being the largest in terms of value.

China-Israel Trade: In 2023, China exported $13.5B to Israel. The main products that China exported to Israel were Cars ($1.42B), Broadcasting Equipment ($1.06B), and Computers ($334M). Over the past 5 years the exports of China to Israel have increased at an annualized rate of 5.19%,  from $10.5B in 2018 to $13.5B in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Israel exported $7.09B to China. The main products exported from Israel to China were Integrated Circuits ($3.23B), Other Measuring Instruments ($621M), and Diamonds ($379M). During the last 5 years the exports of Israel to China have increased at an annualized rate of 7.37%, from $4.97B in 2018 to $7.09B in 2023.

In 2018, China exported $13.5B to Israel. The main products exported from China to Israel were Cars ($1.42B), Broadcasting Equipment ($1.06B), and Computers ($334M). During the last 5 years the exports of China to Israel have increased at an annualized rate of 5.19%, from $10.5B in 2023 to $13.5B in 2018.

Exports from Israel (Flag) to China (Flag) (2023)

Exports from China (Flag) to Israel (Flag) (2023)

Latest Data

Trade between Israel (Flag) and China (Flag)

Israel Exports

China Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Israel than from China.

In 2023, countries that imported more from China than Israel included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Israel (Flag) (2023)

Comparative Advantage Israel - China

Flow
Scale

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

During 2023, Israel had a large net trade with China in the exports of Machines ($4.29B), Instruments ($1.36B), and Chemical Products ($682M).

During 2018, China had a large net trade with Israel in the exports of Machines ($4.91B), Transportation ($1.94B), and Metals ($1.45B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel China+$567MIntegrated Circuits
Top Product Potential China Israel+$327MTelephones

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

Product Space of Israel (Flag) and China (Flag) (2023)

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