2022
Exports
$470MWorld Rnk 56 / 226
Flag Rnk 19 / 96
2022
PRODUCT COMPLEXITY IN Iron or steel articles
1.68Rnk 27 / 1025
2022
Imports
$1.87BWorld Rnk 46 / 225
Flag Rnk 11 / 96
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $470M in Iron or steel articles, making it the 56th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 19th most exported product in Israel. The main destination of Iron or steel articles exports from Israel are: United States ($162M), Germany ($30.8M), Palestine ($27.3M), China ($26.2M), and Singapore ($22.5M).

The fastest growing export markets for Iron or steel articles of Israel between 2021 and 2022 were United States ($19M), United Arab Emirates ($17M), and Philippines ($14.3M).

Imports In 2022, Israel imported $1.87B in Iron or steel articles, becoming the 46th largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 11th most imported product in Israel. Israel imports Iron or steel articles primarily from: China ($615M), Turkey ($395M), United States ($168M), Italy ($105M), and Germany ($81.2M).

The fastest growing import markets in Iron or steel articles for Israel between 2021 and 2022 were China ($120M), Turkey ($71.7M), and United States ($70.8M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (10) and Amazon (1) were at the forefront of shipping Iron or steel articles from Israel to the United States.

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 Iron or steel articles. 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)$470M
IMPORTS (2022)$1.87B
NET TRADE (2022)-$1.4B

In 2022, Israel exported $470M in Iron or steel articles. The main destinations of Israel exports on Iron or steel articles were United States ($162M), Germany ($30.8M), Palestine ($27.3M), China ($26.2M), and Singapore ($22.5M).

In 2022, Israel imported $1.87B in Iron or steel articles, mainly from China ($615M), Turkey ($395M), United States ($168M), Italy ($105M), and Germany ($81.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Israel WERE (2021 - 2022):
United States$19M (13.3%)
Philippines$14.3M (1.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Israel WERE (2021 - 2022):
United Kingdom-$19.2M (-71.3%)
Japan-$18.5M (-64.7%)
Palestine-$9.11M (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Israel' main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.3M
TOP IMPORT POTENTIALChina+ $96.9M

Iron or steel articles’s highest export potential is United States. With an export gap of $29.3M.   Iron or steel articles’s highest import potential is China with an import gap of $96.9M.

See methodology.

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