2023
Exports
$312kWorld Rnk 56 / 95
Flag Rnk 736 / 1140
2023
PRODUCT COMPLEXITY IN Steel Ingots
0.44Rnk 392 / 1025
2023
Imports
$1.52MWorld Rnk 50 / 166
Flag Rnk 901 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $312k in Steel Ingots, making it the 56th largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 736th most exported product in Israel. The main destination of Steel Ingots exports from Israel are: Canada ($244k), Romania ($63.5k), and India ($4.58k).

The fastest growing export markets for Steel Ingots of Israel between 2022 and 2023 were Canada ($244k) and India ($4.58k).

Imports In 2023, Israel imported $1.52M in Steel Ingots, becoming the 50th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 901st most imported product in Israel. Israel imports Steel Ingots primarily from: Germany ($670k), Spain ($357k), Italy ($180k), United States ($175k), and Austria ($65k).

The fastest growing import markets in Steel Ingots for Israel between 2022 and 2023 were Germany ($668k), Spain ($292k), and Austria ($23.8k).

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 Steel 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)$312k
IMPORTS (2023)$1.52M
NET TRADE (2023)-$1.21M

In 2023, Israel exported $312k in Steel Ingots. The main destinations of Israel exports on Steel Ingots were Canada ($244k), Romania ($63.5k), and India ($4.58k).

In 2023, Israel imported $1.52M in Steel Ingots, mainly from Germany ($670k), Spain ($357k), Italy ($180k), United States ($175k), and Austria ($65k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Israel WERE (2022 - 2023):
Canada$244k (1%)
India$4.58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Israel WERE (2022 - 2023):
United States-$197k (-100%)
Romania-$102k (-61.7%)
Germany-$18k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $196k
TOP IMPORT POTENTIALItaly+ $238k

Steel Ingots’s highest export potential is United States. With an export gap of $196k.   Steel Ingots’s highest import potential is Italy with an import gap of $238k.

See methodology.

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