2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
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GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
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 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Israel-Saudi Arabia Trade: In 2019, Israel exported $11k to Saudi Arabia. The main products that Israel exported to Saudi Arabia were N/A. Over the past 10 years the exports of Israel to Saudi Arabia have decreased at an annualized rate of 26.2%, from $229k in 2009 to $11k in 2019.

In 2019, Israel did not export any services to Saudi Arabia.

Saudi Arabia-Israel Trade: In 2019, Saudi Arabia exported $806k to Israel. The main products that Saudi Arabia exported to Israel were N/A. Over the past 10 years the exports of Saudi Arabia to Israel have increased at an annualized rate of 65.5%,  from $65k in 2009 to $806k in 2019.

In 2019, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Israel exported $11k to Saudi Arabia. There were not main exports from Israel to Saudi Arabia in 2019. During the last 10 years the exports of Israel to Saudi Arabia have decreased at an annualized rate of 26.2%, from $229k in 2009 to $11k in 2019.

In 2008, Saudi Arabia exported $806k to Israel. There were not main exports from Saudi Arabia to Israel in 2008. During the last 5 years the exports of Saudi Arabia to Israel have increased at an annualized rate of 65.5%, from $65k in 2013 to $806k in 2008.

Exports from Israel (Flag) to Saudi Arabia (Flag) (2019)

Exports from Saudi Arabia (Flag) to Israel (Flag) (2019)

Latest Data

Trade between Israel (Flag) and Saudi Arabia (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Israel than Saudi Arabia included Ireland ($4.22B), United States ($20.3B), and Hong Kong ($2.46B).

In 2023, countries that imported more from Saudi Arabia than Israel included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Israel (Flag) (2023)

Comparative Advantage Israel - Saudi Arabia

Flow
Scale

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

During 2019, Israel had a large net trade with Saudi Arabia in the exports of .

During 2008, Saudi Arabia had a large net trade with Israel in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Saudi Arabia+$7.46kTelephones
Top Product Potential Saudi Arabia Israel+$13.4kCrude Petroleum

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

Product Space of Israel (Flag) and Saudi Arabia (Flag) (2019)

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