2022
Exports
$186MWorld Rnk 62 / 222
Flag Rnk 77 / 1170
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$761MWorld Rnk 39 / 225
Flag Rnk 19 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $186M in Insulated Wire, making it the 62nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 77th most exported product in Israel. The main destination of Insulated Wire exports from Israel are: United States ($65.4M), Belgium ($14.2M), Hungary ($10.6M), Canada ($9.25M), and India ($8.54M).

The fastest growing export markets for Insulated Wire of Israel between 2021 and 2022 were United States ($17.9M), Belgium ($5.67M), and Canada ($4.15M).

Imports In 2022, Israel imported $761M in Insulated Wire, becoming the 39th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 19th most imported product in Israel. Israel imports Insulated Wire primarily from: Turkey ($206M), China ($136M), Greece ($81.4M), United States ($66.3M), and Hong Kong ($53.2M).

The fastest growing import markets in Insulated Wire for Israel between 2021 and 2022 were Turkey ($47.7M), Italy ($23.1M), and China ($16.2M).

Latest Trends

Oct 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 Insulated Wire. 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)$186M
IMPORTS (2022)$761M
NET TRADE (2022)-$575M

In 2022, Israel exported $186M in Insulated Wire. The main destinations of Israel exports on Insulated Wire were United States ($65.4M), Belgium ($14.2M), Hungary ($10.6M), Canada ($9.25M), and India ($8.54M).

In 2022, Israel imported $761M in Insulated Wire, mainly from Turkey ($206M), China ($136M), Greece ($81.4M), United States ($66.3M), and Hong Kong ($53.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Israel WERE (2021 - 2022):
United States$17.9M (37.8%)
Belgium$5.67M (66.1%)
Canada$4.15M (81.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Israel WERE (2021 - 2022):
India-$5.95M (-41%)
Finland-$2.8M (-95.5%)
Palestine-$2.36M (-21.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32M
TOP IMPORT POTENTIALChina+ $59.1M

Insulated Wire’s highest export potential is United States. With an export gap of $32M.   Insulated Wire’s highest import potential is China with an import gap of $59.1M.

See methodology.

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