Export products constitute around 40% of Israel’s total Gross Domestic Product (GDP). Among all these products, cut diamonds, precious metals and stones comprise 31% while around 18% are high-technology equipment and mechanical machinery and appliances. Other major exports would also include pharmaceutical products and fertilizers. In addition to the European Union, Israel’s major exporting partners are the United States and Hong Kong which comprises 28% and 8% of the total exports, respectively.

However, a 3.1 percent decrease in exports have been reported each year, primarily due to the decline of the manufacturing and mining shipments by 4.4 percent and agriculture products that reduced by 28.7 percent. In average, exports in Israel are reported to reach $1,381. 27 million within the years 1959-2015. The Central Bureau of Statistics also presented that on March 2011, exports from Israel peaked at $5,848.30 million and dipped low at $10.80 million in July 1959. Israel exports primarily to the United States, China, Germany and Belgium-Luxembourg.

Chart Showing GDP Growth Compared to rest of world

Export products constitute around 40% of Israel’s total Gross Domestic Product (GDP). Among all these products, cut diamonds, precious metals and stones comprise 31% while around 18% are high-technology equipment and mechanical machinery and appliances. Other major exports would also include pharmaceutical products and fertilizers. In addition to the European Union, Israel’s major exporting partners are the United States and Hong Kong which comprises 28% and 8% of the total exports, respectively.

However, a 3.1 percent decrease in exports have been reported each year, primarily due to the decline of the manufacturing and mining shipments by 4.4 percent and agriculture products that reduced by 28.7 percent. In average, exports in Israel are reported to reach $1,381. 27 million within the years 1959-2015. The Central Bureau of Statistics also presented that on March 2011, exports from Israel peaked at $5,848.30 million and dipped low at $10.80 million in July 1959. Israel exports primarily to the United States, China, Germany and Belgium-Luxembourg.