2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

United States-Israel Trade: In 2022, United States exported $11.6B to Israel. The main products that United States exported to Israel were Diamonds ($2.29B), Integrated Circuits ($869M), and Cars ($418M). Over the past 5 years the exports of United States to Israel have increased at an annualized rate of 7.86%, from $7.93B in 2017 to $11.6B in 2022.

In 2017, United States exported services to Israel worth $6.01B, with Travel ($1.35B), Other business services ($1.08B), and Transportation ($1.03B) being the largest in terms of value.

Israel-United States Trade: In 2022, Israel exported $20.3B to United States. The main products that Israel exported to United States were Diamonds ($6.01B), Integrated Circuits ($1.05B), and Medical Instruments ($1.04B). Over the past 5 years the exports of Israel to United States have increased at an annualized rate of 0.42%,  from $19.9B in 2017 to $20.3B in 2022.

In 2012, Israel exported services to United States worth $2.86B, with Computer and information services ($2.6B), Royalties and license fees ($255M), and Construction services ($1.93M) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Company data: In 2023, leading companies such as Yokohama Industries (433), Banana Republic (129), and ZF Friedrichshafen (26) were at the forefront of exporting goods from Israel to the United States. Conversely, Alliance Tire Company Ltd. (261), Alliance Tire Company Ltd (172), and Tusker Apparel Ltd Co. (148) were notable for importing products to Israel from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $11.6B to Israel. The main products exported from United States to Israel were Diamonds ($2.29B), Integrated Circuits ($869M), and Cars ($418M). During the last 5 years the exports of United States to Israel have increased at an annualized rate of 7.86%, from $7.93B in 2017 to $11.6B in 2022.

In 2017, Israel exported $20.3B to United States. The main products exported from Israel to United States were Diamonds ($6.01B), Integrated Circuits ($1.05B), and Medical Instruments ($1.04B). During the last 5 years the exports of Israel to United States have increased at an annualized rate of 0.42%, from $19.9B in 2022 to $20.3B in 2017.

Exports from United States (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from United States than Israel included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Israel than United States included Palestine ($4.6B), Cyprus ($827M), and Guam ($43k).

Difference in imports from Israel (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Israel

Flow
Scale

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

During 2022, United States had a large net trade with Israel in the exports of Machines ($3.49B), Precious Metals ($2.4B), and Chemical Products ($1.17B).

During 2017, Israel had a large net trade with United States in the exports of Precious Metals ($6.43B), Machines ($4.92B), and Chemical Products ($2.68B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Israel+$174MRefined Petroleum
Top Product Potential Israel United States+$290MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Israel. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Israel (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with