2023
Exports
falseWorld Rnk 23 / 183
Flag Rnk 153 / 1140
2023
PRODUCT COMPLEXITY IN Compasses
0.63Rnk 316 / 1025
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $43.1M in Compasses, making it the 23rd largest exporter of Compasses in the world. At the same year, Compasses was the 153rd most exported product in Israel. The main destination of Compasses exports from Israel are: United States ($17.8M), South Korea ($9.24M), Singapore ($4.89M), Brazil ($2.43M), and France ($2.2M).

The fastest growing export markets for Compasses of Israel between 2022 and 2023 were South Korea ($6.9M), United States ($5.65M), and Singapore ($4.64M).

The fastest growing import markets in Compasses for Israel between 2022 and 2023 were United States ($17.3M), Germany ($1.51M), and Switzerland ($1.5M).

Latest Trends

Dec 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 (2023)$43.1M

In 2023, Israel exported $43.1M in Compasses. The main destinations of Israel exports on Compasses were United States ($17.8M), South Korea ($9.24M), Singapore ($4.89M), Brazil ($2.43M), and France ($2.2M).

In N/A, Israel imported N/A in Compasses, mainly from United States ($42.8M), Germany ($10.5M), France ($6.59M), Switzerland ($4.12M), and Thailand ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Israel WERE (2022 - 2023):
South Korea$6.9M (295%)
United States$5.65M (46.7%)
Singapore$4.64M (1.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Israel WERE (2022 - 2023):
France-$2.07M (-48.4%)
India-$1.85M (-56.1%)
Colombia-$1.46M (-81.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Compasses were:
In 2023, Israel' main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
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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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