Israel / Italy

Israel-Italy Trade: In 2023, Israel exported $1.08B to Italy. The main products that Israel exported to Italy were Propylene Polymers ($90.2M), Cyclic Hydrocarbons ($72M), and Diamonds ($48.5M). Over the past 5 years the exports of Israel to Italy have increased at an annualized rate of 2.28%, from $969M in 2018 to $1.08B in 2023.

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 2023, Italy exported $3.3B to Israel. The main products that Italy exported to Israel were Cars ($116M), Other Furniture ($108M), and Unglazed Ceramics ($102M). Over the past 5 years the exports of Italy to Israel have increased at an annualized rate of 0.81%,  from $3.17B in 2018 to $3.3B in 2023.

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 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).