2022
Exports
$558MWorld Rnk 48 / 149
Flag Rnk 25 / 1170
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$3.73BWorld Rnk 37 / 158
Flag Rnk 3 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $558M in Crude Petroleum, making it the 48th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 25th most exported product in Israel. The main destination of Crude Petroleum exports from Israel are: Chinese Taipei ($344M), India ($212M), Portugal ($710k), Ghana ($270k), and Italy ($163k).

The fastest growing export markets for Crude Petroleum of Israel between 2021 and 2022 were Chinese Taipei ($344M), India ($98M), and Portugal ($710k).

Imports In 2022, Israel imported $3.73B in Crude Petroleum, becoming the 37th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Israel. Israel imports Crude Petroleum primarily from: Azerbaijan ($1.67B), Brazil ($1.07B), Kazakhstan ($777M), and Nigeria ($213M).

The fastest growing import markets in Crude Petroleum for Israel between 2021 and 2022 were Brazil ($934M), Azerbaijan ($785M), and Kazakhstan ($576M).

Latest Trends

Aug 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 Crude Petroleum. 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)$558M
IMPORTS (2022)$3.73B
NET TRADE (2022)-$3.17B

In 2022, Israel exported $558M in Crude Petroleum. The main destinations of Israel exports on Crude Petroleum were Chinese Taipei ($344M), India ($212M), Portugal ($710k), Ghana ($270k), and Italy ($163k).

In 2022, Israel imported $3.73B in Crude Petroleum, mainly from Azerbaijan ($1.67B), Brazil ($1.07B), Kazakhstan ($777M), and Nigeria ($213M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Chinese Taipei$344M (1%)
India$98M (85.6%)
Portugal$710k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Israel WERE (2021 - 2022):
Bulgaria-$132M (-100%)
Italy-$16.9M (-99%)
Australia-$3.73k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $96.7M
TOP IMPORT POTENTIALNigeria+ $152M

Crude Petroleum’s highest export potential is India. With an export gap of $96.7M.   Crude Petroleum’s highest import potential is Nigeria with an import gap of $152M.

See methodology.

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