2022
Exports
$38.5MWorld Rnk 23 / 179
Flag Rnk 180 / 1170
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$57MWorld Rnk 26 / 211
Flag Rnk 295 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $38.5M in Compasses, making it the 23rd largest exporter of Compasses in the world. At the same year, Compasses was the 180th most exported product in Israel. The main destination of Compasses exports from Israel are: United States ($9.74M), India ($8.9M), France ($4.04M), Brazil ($2.73M), and South Korea ($1.94M).

The fastest growing export markets for Compasses of Israel between 2021 and 2022 were United States ($1.3M), France ($1.07M), and India ($813k).

Imports In 2022, Israel imported $57M in Compasses, becoming the 26th largest importer of Compasses in the world. At the same year, Compasses was the 295th most imported product in Israel. Israel imports Compasses primarily from: United States ($25.5M), Romania ($8.93M), Germany ($7.14M), France ($5.46M), and Switzerland ($2.72M).

The fastest growing import markets in Compasses for Israel between 2021 and 2022 were Germany ($2.31M), Switzerland ($1.03M), and United Kingdom ($846k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Compasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.5M
IMPORTS (2022)$57M
NET TRADE (2022)-$18.4M

In 2022, Israel exported $38.5M in Compasses. The main destinations of Israel exports on Compasses were United States ($9.74M), India ($8.9M), France ($4.04M), Brazil ($2.73M), and South Korea ($1.94M).

In 2022, Israel imported $57M in Compasses, mainly from United States ($25.5M), Romania ($8.93M), Germany ($7.14M), France ($5.46M), and Switzerland ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Israel WERE (2021 - 2022):
United States$1.3M (15.4%)
France$1.07M (36.2%)
India$813k (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Israel WERE (2021 - 2022):
South Korea-$16.2M (-89.3%)
Spain-$9.66M (-88%)
Turkmenistan-$7.37M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Compasses were:
In 2022, Israel' main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.72M
TOP IMPORT POTENTIALUnited Kingdom+ $1.4M

Compasses’s highest export potential is United States. With an export gap of $2.72M.   Compasses’s highest import potential is United Kingdom with an import gap of $1.4M.

See methodology.

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