2023
Exports
$81.3kWorld Rnk 69 / 107
Flag Rnk 875 / 1140
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$86.5kWorld Rnk 89 / 175
Flag Rnk 1111 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $81.3k in Iron Ingots, making it the 69th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 875th most exported product in Israel. The main destination of Iron Ingots exports from Israel are: Portugal ($40k), Germany ($25.9k), Belgium ($12k), United States ($2k), and Chinese Taipei ($1k).

The fastest growing export markets for Iron Ingots of Israel between 2022 and 2023 were Portugal ($40k), Germany ($24.9k), and Chinese Taipei ($1k).

Imports In 2023, Israel imported $86.5k in Iron Ingots, becoming the 89th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1111th most imported product in Israel. Israel imports Iron Ingots primarily from: United States ($60.7k), China ($11k), Thailand ($6.7k), United Kingdom ($5.69k), and Sweden ($1.94k).

The fastest growing import markets in Iron Ingots for Israel between 2022 and 2023 were United States ($49.5k), Thailand ($6.7k), and Sweden ($1.74k).

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 Iron Ingots. 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)$81.3k
IMPORTS (2023)$86.5k
NET TRADE (2023)-$5.17k

In 2023, Israel exported $81.3k in Iron Ingots. The main destinations of Israel exports on Iron Ingots were Portugal ($40k), Germany ($25.9k), Belgium ($12k), United States ($2k), and Chinese Taipei ($1k).

In 2023, Israel imported $86.5k in Iron Ingots, mainly from United States ($60.7k), China ($11k), Thailand ($6.7k), United Kingdom ($5.69k), and Sweden ($1.94k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Israel WERE (2022 - 2023):
Portugal$40k (1%)
Germany$24.9k (2.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Israel WERE (2022 - 2023):
Belgium-$82k (-87.2%)
Japan-$31k (-100%)
United States-$26k (-92.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Israel' main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8k
TOP IMPORT POTENTIALChina+ $31.4k

Iron Ingots’s highest export potential is United States. With an export gap of $11.8k.   Iron Ingots’s highest import potential is China with an import gap of $31.4k.

See methodology.

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