2023
Exports
$489kWorld Rnk 59 / 187
Flag Rnk 670 / 1140
2023
PRODUCT COMPLEXITY IN Tool Sets
1.14Rnk 126 / 1025
2023
Imports
$2.36MWorld Rnk 68 / 219
Flag Rnk 837 / 1190
2023
ECONOMIC COMPLEXITY of Israel
1.28Rnk 19 / 132

About

Exports In 2023, Israel exported $489k in Tool Sets, making it the 59th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 670th most exported product in Israel. The main destination of Tool Sets exports from Israel are: United States ($111k), South Korea ($60k), Germany ($53.4k), United Kingdom ($53k), and Canada ($29.5k).

The fastest growing export markets for Tool Sets of Israel between 2022 and 2023 were United States ($60.7k), United Kingdom ($48k), and Estonia ($10.9k).

Imports In 2023, Israel imported $2.36M in Tool Sets, becoming the 68th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 837th most imported product in Israel. Israel imports Tool Sets primarily from: China ($1.1M), Germany ($369k), United States ($331k), Netherlands ($112k), and Chinese Taipei ($108k).

The fastest growing import markets in Tool Sets for Israel between 2022 and 2023 were United States ($222k), China ($58.6k), and Netherlands ($49.9k).

Latest Trends

Jan 2025

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 Tool Sets. 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)$489k
IMPORTS (2023)$2.36M
NET TRADE (2023)-$1.87M

In 2023, Israel exported $489k in Tool Sets. The main destinations of Israel exports on Tool Sets were United States ($111k), South Korea ($60k), Germany ($53.4k), United Kingdom ($53k), and Canada ($29.5k).

In 2023, Israel imported $2.36M in Tool Sets, mainly from China ($1.1M), Germany ($369k), United States ($331k), Netherlands ($112k), and Chinese Taipei ($108k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Israel WERE (2022 - 2023):
United States$60.7k (120%)
United Kingdom$48k (960%)
Estonia$10.9k (5.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Israel WERE (2022 - 2023):
Namibia-$126k (-96%)
Sweden-$104k (-99.9%)
France-$81k (-97.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Israel' main exporting competitors in Tool Sets were:
In 2023, Israel' main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $59.4k
TOP IMPORT POTENTIALChina+ $401k

Tool Sets’s highest export potential is United States. With an export gap of $59.4k.   Tool Sets’s highest import potential is China with an import gap of $401k.

See methodology.

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