2022
Exports
$4.08BWorld Rnk 36 / 214
Flag Rnk 3 / 1170
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$3.7BWorld Rnk 67 / 225
Flag Rnk 4 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $4.08B in Refined Petroleum, making it the 36th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Israel. The main destination of Refined Petroleum exports from Israel are: Palestine ($1.08B), Turkey ($1.03B), Cyprus ($723M), Greece ($340M), and Ukraine ($116M).

The fastest growing export markets for Refined Petroleum of Israel between 2021 and 2022 were Palestine ($594M), Cyprus ($323M), and Greece ($138M).

Imports In 2022, Israel imported $3.7B in Refined Petroleum, becoming the 67th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in Israel. Israel imports Refined Petroleum primarily from: India ($1.96B), Singapore ($388M), Greece ($321M), Romania ($220M), and United States ($203M).

The fastest growing import markets in Refined Petroleum for Israel between 2021 and 2022 were India ($1.37B), Singapore ($268M), and Romania ($220M).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$4.08B
IMPORTS (2022)$3.7B
NET TRADE (2022)$376M

In 2022, Israel exported $4.08B in Refined Petroleum. The main destinations of Israel exports on Refined Petroleum were Palestine ($1.08B), Turkey ($1.03B), Cyprus ($723M), Greece ($340M), and Ukraine ($116M).

In 2022, Israel imported $3.7B in Refined Petroleum, mainly from India ($1.96B), Singapore ($388M), Greece ($321M), Romania ($220M), and United States ($203M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Palestine$594M (122%)
Cyprus$323M (80.8%)
Greece$138M (68.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Israel WERE (2021 - 2022):
South Korea-$42.6M (-99.8%)
France-$31.5M (-79%)
Albania-$26.2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Israel' main exporting competitors in Refined Petroleum were:
In 2022, Israel' main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $143M
TOP IMPORT POTENTIALUnited States+ $174M

Refined Petroleum’s highest export potential is United States. With an export gap of $143M.   Refined Petroleum’s highest import potential is United States with an import gap of $174M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with