2023
Exports
$52.7kWorld Rnk 72 / 128
Flag Rnk 914 / 1140
2023
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.45Rnk 53 / 1025
2023
Imports
$8.94MWorld Rnk 44 / 203
Flag Rnk 605 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $52.7k in Stainless Steel Wire, making it the 72nd largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 914th most exported product in Israel. The main destination of Stainless Steel Wire exports from Israel are: United States ($27k), Canada ($7.19k), United Kingdom ($6.83k), Germany ($6.08k), and Ireland ($4.37k).

The fastest growing export markets for Stainless Steel Wire of Israel between 2022 and 2023 were Canada ($7.19k), United Kingdom ($6.83k), and Germany ($6.08k).

Imports In 2023, Israel imported $8.94M in Stainless Steel Wire, becoming the 44th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 605th most imported product in Israel. Israel imports Stainless Steel Wire primarily from: India ($4.62M), South Korea ($2M), China ($558k), United States ($398k), and Ireland ($282k).

The fastest growing import markets in Stainless Steel Wire for Israel between 2022 and 2023 were Thailand ($137k), United States ($132k), and Italy ($112k).

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 Stainless Steel 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 (2023)$52.7k
IMPORTS (2023)$8.94M
NET TRADE (2023)-$8.88M

In 2023, Israel exported $52.7k in Stainless Steel Wire. The main destinations of Israel exports on Stainless Steel Wire were United States ($27k), Canada ($7.19k), United Kingdom ($6.83k), Germany ($6.08k), and Ireland ($4.37k).

In 2023, Israel imported $8.94M in Stainless Steel Wire, mainly from India ($4.62M), South Korea ($2M), China ($558k), United States ($398k), and Ireland ($282k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Israel WERE (2022 - 2023):
Canada$7.19k (1%)
United Kingdom$6.83k (1%)
Germany$6.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Israel WERE (2022 - 2023):
United States-$429k (-94.1%)
India-$32.8k (-100%)
Ireland-$32.2k (-88.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Stainless Steel Wire were:
In 2023, Israel' main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $157k
TOP IMPORT POTENTIALChina+ $540k

Stainless Steel Wire’s highest export potential is United States. With an export gap of $157k.   Stainless Steel Wire’s highest import potential is China with an import gap of $540k.

See methodology.

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