Israel / Italy

Israel-Italy Trade: In 2022, Israel exported $1.25B to Italy. The main products that Israel exported to Italy were Refined Petroleum ($115M), Propylene Polymers ($98.7M), and Cyclic Hydrocarbons ($82.4M). Over the past 5 years the exports of Israel to Italy have increased at an annualized rate of 3.52%, from $1.05B in 2017 to $1.25B in 2022.

In 2012, Israel exported services to Italy worth $36.6M, with Computer and information services ($32.7M) and Royalties and license fees ($3.83M) being the largest in terms of value.

Italy-Israel Trade: In 2022, Italy exported $3.72B to Israel. The main products that Italy exported to Israel were Unglazed Ceramics ($144M), Refined Petroleum ($116M), and Other Furniture ($110M). Over the past 5 years the exports of Italy to Israel have increased at an annualized rate of 4.91%,  from $2.93B in 2017 to $3.72B in 2022.

In 2009, Italy exported services to Israel worth $599M, with Services not allocated ($299M), Travel ($96.8M), and Other business services ($66.5M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).