Israel Major Exports by Category and Value

Navigate Israel's export landscape with category-by-category analysis and key market insights

Smart card

Main Exported Product

$52.1 b

Market Size

missing data

Highest-Volume Exports

~2.82%

Market Growth Rate

Israel Export Market

AI Insight

Israel's export market maintains a stable growth trajectory of 2.82%, driven by high-value specialized sectors. Smart cards and polished diamonds lead the product mix, collectively exceeding $10.5 billion. The United States remains the critical trade partner, capturing 47.04% of exports. Dynamic growth is particularly evident in Hong Kong (8.64%) and Germany (7.35%), indicating successful diversification within established and emerging hubs. The export profile remains concentrated in high-tech components, medical technology, and luxury commodities, appealing to advanced global economies.

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Top 10 Exported Products

AI Insight

In 2024, smart cards and polished diamonds emerged as the leading export products, valued at $5.62 billion and $4.93 billion respectively. High-tech electronics and medical supplies, including iphone 11 components and medicaments, also represent significant value, showcasing a robust export portfolio focused on technology, luxury goods, and healthcare.

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Leading Destination Countries

United States

47.04%

Ireland

8.99%

China

7.85%

Germany

6.3%

Netherlands

6.2%

India

6.1%

Hong Kong

5.5%

United Kingdom

4.19%

Belgium

4.01%

France

3.82%

AI Insight

The United States is the dominant export partner, accounting for 47.04% of the total market share with a value of $16.96 billion. Other significant destinations include Ireland (8.99%) and China (7.85%). The data highlights a heavy reliance on the American market, supplemented by strong trade links across Europe and Asia.

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Export Growth Performance

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2.8%Annual Growth

AI Insight

The export market exhibits a steady upward trend with a growth rate of 2.82%. This positive movement indicates consistent demand for domestic goods and a stable expansion of trade activities in the global marketplace during the 2024 period.

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Emerging Supply Markets

AI Insight

Hong Kong and Germany are key growth markets for 2024. Hong Kong shows a strong 8.64% growth rate with a value of $1.98 billion, while Germany follows with 7.35% growth. These figures suggest increasing market penetration and strengthening trade relationships in these high-value regions.

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Israel Export Requirements

Before Shipment

Obtain import licenses for regulated goods, ensure Standards Institution of Israel (SII) certification, secure Ministry of Health permits for cosmetics/pharma, comply with Hebrew labeling laws, and verify Ministry of Agriculture permits for plant or animal products.

Documentation Required

Essential documents include the Commercial Invoice, Bill of Lading or Air Waybill, detailed Packing List, Certificate of Origin to claim FTA benefits, and the official Import Declaration required by Israel Customs for clearance and tax assessment purposes.

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Israel free trade agreements and preferential access markets.

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Israel-United States FTA
Israel-EU Association Agreement
Israel-EFTA FTA
Israel-Canada FTA (CIFTA)
Israel-United Kingdom FTA

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Market Opportunities

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