2023
PRODUCT COMPLEXITY IN Instruments
1.85Rnk 9 / 1025
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported N/A in Instruments, making it the 20th largest exporter of Instruments in the world. At the same year, Instruments was the 4th most exported product in Israel. The main destination of Instruments exports from Israel are: United States ($2.24B), China ($1.36B), South Korea ($519M), Chinese Taipei ($475M), and Germany ($402M).

The fastest growing export markets for Instruments of Israel between 2022 and 2023 were United Kingdom ($48.1M), Netherlands ($46.1M), and Spain ($23.5M).

The fastest growing import markets in Instruments for Israel between 2022 and 2023 were Mexico ($83M), United States ($82.2M), and Japan ($55.3M).

Latest Trends

Jan 2025

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 Instruments. 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

In N/A, Israel exported N/A in Instruments. The main destinations of Israel exports on Instruments were United States ($2.24B), China ($1.36B), South Korea ($519M), Chinese Taipei ($475M), and Germany ($402M).

In N/A, Israel imported N/A in Instruments, mainly from United States ($817M), China ($458M), Germany ($446M), Switzerland ($188M), and Japan ($134M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Israel WERE (2022 - 2023):
United Kingdom$48.1M (30.7%)
Netherlands$46.1M (22.3%)
Spain$23.5M (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Israel WERE (2022 - 2023):
China-$472M (-25.8%)
Chinese Taipei-$313M (-39.7%)
South Korea-$292M (-36%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $313M
TOP IMPORT POTENTIALChina+ $137M

Instruments’s highest export potential is United States. With an export gap of $313M.   Instruments’s highest import potential is China with an import gap of $137M.

See methodology.

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