2022
Exports
$848MWorld Rnk 19 / 226
Flag Rnk 14 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$320MWorld Rnk 45 / 225
Flag Rnk 53 / 96
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $848M in Tools & cutlery, making it the 19th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 14th most exported product in Israel. The main destination of Tools & cutlery exports from Israel are: United States ($282M), Belgium ($81.5M), Germany ($58.9M), China ($55.6M), and Japan ($51.9M).

The fastest growing export markets for Tools & cutlery of Israel between 2021 and 2022 were United States ($20.3M), United Kingdom ($10.4M), and India ($6.18M).

Imports In 2022, Israel imported $320M in Tools & cutlery, becoming the 45th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 53rd most imported product in Israel. Israel imports Tools & cutlery primarily from: China ($98.7M), United States ($49.8M), Germany ($32.6M), Switzerland ($26.2M), and Poland ($12.3M).

The fastest growing import markets in Tools & cutlery for Israel between 2021 and 2022 were China ($2.78M), United States ($2.44M), and Mexico ($1.57M).

Latest Trends

Jul 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 Tools & cutlery. 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 (2022)$848M
IMPORTS (2022)$320M
NET TRADE (2022)$528M

In 2022, Israel exported $848M in Tools & cutlery. The main destinations of Israel exports on Tools & cutlery were United States ($282M), Belgium ($81.5M), Germany ($58.9M), China ($55.6M), and Japan ($51.9M).

In 2022, Israel imported $320M in Tools & cutlery, mainly from China ($98.7M), United States ($49.8M), Germany ($32.6M), Switzerland ($26.2M), and Poland ($12.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Israel WERE (2021 - 2022):
United States$20.3M (7.76%)
United Kingdom$10.4M (194%)
India$6.18M (26.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Israel WERE (2021 - 2022):
China-$62.5M (-52.9%)
Japan-$19.5M (-27.3%)
Russia-$10.8M (-44.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Tools & cutlery were:
In 2022, Israel' main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.7M
TOP IMPORT POTENTIALChina+ $16M

Tools & cutlery’s highest export potential is China. With an export gap of $16.7M.   Tools & cutlery’s highest import potential is China with an import gap of $16M.

See methodology.

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