[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · ISR · 2024
Israel trade profile
In 2024, Israel recorded $68.3B in merchandise exports and $86.2B in imports, producing a $17.9B trade deficit. Exports changed +1.3% from the previous year, while imports changed -6.2%.[1]
Exports
$68.3B
+1.3%
Imports
$86.2B
-6.2%
Trade balance
-$17.9B
deficit
Active partners
270
36 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$18.4B
HS 85 · Electrical machinery
262 active HS6 lines · 165 export partners
2$8.0B
HS 90 · HS chapter
142 active HS6 lines · 155 export partners
3$7.6B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 92 export partners
4$6.4B
HS 71 · Precious metals and stones
51 active HS6 lines · 104 export partners
5$5.2B
HS 84 · Machinery
513 active HS6 lines · 162 export partners
6$2.7B
HS 39 · HS chapter
129 active HS6 lines · 142 export partners
7$2.5B
HS 30 · Pharmaceutical products
41 active HS6 lines · 127 export partners
8$1.7B
HS 38 · HS chapter
84 active HS6 lines · 129 export partners
Leading export markets
Destinations rank bilateral export flows from Israel; growth describes each corridor rather than the whole economy.
1$20.1B
United States
Annual change +4.0% · 3-year CAGR 3.3%
2$5.9B
China
Annual change -3.5% · 3-year CAGR -1.5%
3$5.4B
Egypt
Annual change +124.3% · 3-year CAGR 283.8%
4$3.8B
Ireland
Annual change +3.5% · 3-year CAGR 21.3%
5$2.6B
Germany
Annual change +2.6% · 3-year CAGR 3.4%
6$2.1B
Netherlands
Annual change +8.4% · 3-year CAGR 7.3%
7$1.9B
India
Annual change -10.3% · 3-year CAGR -12.4%
8$1.7B
United Kingdom
Annual change -15.1% · 3-year CAGR -5.7%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.