2023
Exports
$5.14BWorld Rnk 63 / 219
Flag Rnk 5 / 96
2023
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.38Rnk 423 / 1025
2023
Imports
$4.77BWorld Rnk 71 / 226
Flag Rnk 4 / 96
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $5.14B in Mineral fuels, mineral oils and products of their distillation, making it the 63rd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 5th most exported product in Israel. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Israel are: Egypt ($2.16B), Turkey ($629M), Cyprus ($586M), United States ($252M), and Netherlands ($233M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Israel between 2022 and 2023 were Egypt ($269M), Romania ($145M), and United States ($124M).

Imports In 2023, Israel imported $4.77B in Mineral fuels, mineral oils and products of their distillation, becoming the 71st largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 4th most imported product in Israel. Israel imports Mineral fuels, mineral oils and products of their distillation primarily from: Azerbaijan ($1.4B), Gabon ($680M), Nigeria ($552M), Colombia ($447M), and Russia ($403M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Israel between 2022 and 2023 were Gabon ($456M), Russia ($401M), and Nigeria ($338M).

Latest Trends

Dec 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 Mineral fuels, mineral oils and products of their distillation. 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)$5.14B
IMPORTS (2023)$4.77B
NET TRADE (2023)$363M

In 2023, Israel exported $5.14B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Israel exports on Mineral fuels, mineral oils and products of their distillation were Egypt ($2.16B), Turkey ($629M), Cyprus ($586M), United States ($252M), and Netherlands ($233M).

In 2023, Israel imported $4.77B in Mineral fuels, mineral oils and products of their distillation, mainly from Azerbaijan ($1.4B), Gabon ($680M), Nigeria ($552M), Colombia ($447M), and Russia ($403M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Israel WERE (2022 - 2023):
Egypt$269M (14.2%)
Romania$145M (398%)
United States$124M (96.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Israel WERE (2022 - 2023):
Palestine-$1.99B (-100%)
Turkey-$740M (-54.1%)
Cyprus-$232M (-28.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2023, Israel' main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $151M
TOP IMPORT POTENTIALUnited States+ $186M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is United States. With an export gap of $151M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is United States with an import gap of $186M.

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