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Israel Import Guide | Trade Finance Global
Importing from Israel
In 2013, Israel imported $66.1 billion and its GDP reached $ 290 billion. Imported products arriving in Israel originated from the United States (approximately $10 billion), China ($5.6) and Germany ($4.6 billion). In addition, the European Union (EU) heavily imports chemicals, fuels, machinery and equipment from Israel. Crude petroleum ($8.4 billion), diamonds (approximately $4 billion) and cars ($1.9 billion) comprise the majority of Israel’s import products. Aside from these, major imports would also include military equipment, crude oil and grains.
Israel Country Profile
| Official Name (Local Language) | Medinat Yisra'el | Capital | Tel Aviv | Population | 8,174,527 | Currency | Israeli New Shekel | GDP | $311.7 billion | Languages | Hebrew | Telephone Dial In | 972 |
Israel Exports Profile
Exports ($m USD)
61,15
Number of Export Products
3,041
Number of Export Partners
188
Top 5 export partners
Country
Trade
% Partner Share
United States
17,052
27.89
United Kingdom
5,168
8.45
Hong Kong, China
4,217
6.90
Unspecified
4,161
6.80
China
3,31
5.41
Top 5 Export Products at HS 6 digit level
Export Product
Number
Diamonds non-industrial nes excluding mounted
24.0%
Other medicaments with >=2 constituents, not
6.3%
Other medicaments of mixed or unmixed products,
5.2%
Monolithic integrated circuits, digital
4.5%
Diamonds non-industrial unworked or simply sawn
4.4%
Chart Showing GDP Growth Compared to rest of world
GDP Composition for Israel
Agriculture
%
Product List
2.1%
Citrus, vegetables, cotton; beef, poultry, dairy products
Industry
%
Industry List
27.3%
High-technology products (including aviation, communications, computer-aided design and manufactures, medical electronics, fiber optics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, pharmaceuticals,
Services
%
Services List
0,69%
Importing from Israel: What is trade finance?
In 2013, Israel imported $66.1 billion and its GDP reached $ 290 billion. Imported products arriving in Israel originated from the United States (approximately $10 billion), China ($5.6) and Germany ($4.6 billion). In addition, the European Union (EU) heavily imports chemicals, fuels, machinery and equipment from Israel. Crude petroleum ($8.4 billion), diamonds (approximately $4 billion) and cars ($1.9 billion) comprise the majority of Israel’s import products. Aside from these, major imports would also include military equipment, crude oil and grains.
Government Website
https://www.knesset.gov. il/
Sovereign Ratings
https://countryeconomy. com/ratings/israel
Central Bank
Bank of Israel
Currency USD Exchange Rate
3871
Unemployment Rate
0,05
Population below poverty line
0,22
Inflation Rate
-0.5%
Prime Lending Rate
0.1%
GDP
$311.7 billion
GDP Pro Capita (PPP)
$34,800
Currency Name
Israeli New Shekel
Currency Code
ILS
World Bank Classification
High Income
Competitive Industrial Performance
24/138
Corruption Perceptions Index
32/180
Ease of Doing Business
49/190
Enabling Trade Index
30/136
British Pound Exchange Rate
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