Does Israel Export anything?

Does Israel Export anything?

Israel’s 5 most valuable exports generated almost a third (31%) of the country’s total shipments by value in 2020. Those key exported goods are diamonds, heterocyclics and nucleic acids, electronic integrated circuits, phones including smartphones, and electro-medical equipment.

What’s Israel’s main export?

diamonds
Israel main exports are: cut and uncut diamonds, pearls and other precious metals and stones (33 percent of total exports); electrical machinery and equipment, mechanical machinery and appliances, sound and TV recorders and reproducers and computer equipment (22 percent) and chemical products (11 percent).

Which countries does Israel export to?

In 2019, Israel major trading partner countries for exports were United States, United Kingdom, China, Bunkers and Hong Kong, China and for imports they were United States, China, Bunkers, Germany and Turkey.

Does Israel import or export more?

U.S.-Israel Trade Facts Israel is currently our 23th largest goods trading partner with $33.9 billion in total (two way) goods trade during 2019. Goods exports totaled $14.4 billion; goods imports totaled $19.5 billion. The U.S. goods trade deficit with Israel was $5.1 billion in 2019.

What products does Israel export to the US?

The top United States-Israel imports and exports are precious stones/diamonds, machinery, pharmaceutical products, medical investments, and agriculture products. United States leading imports from Israel in 2014 were $9.4 billion in diamonds and $4.6 billion in pharmaceuticals.

What is produced in Israel?

Today, most of Israel’s food is domestically produced and supplemented by imports, mainly of grain, oilseeds, meat, coffee, cocoa, and sugar, all of which are more than covered by agricultural exports. Farm production consists largely of dairy and poultry products.

What are Israel’s top exports and imports?

Economy of Israel

Statistics
Main export partners	United States 28.8% United Kingdom 8.2% Hong Kong 7% China 5.4% Belgium 4.5% (2017)
Imports	$116.2 billion (2019 est.)
Import goods	Raw materials, military equipment, motor vehicles, investment goods, rough diamonds, crude petroleum, grain, consumer goods.

Who does Israel produce for?

Exports The top exports of Israel are Diamonds ($11.2B), Packaged Medicaments ($2.36B), Medical Instruments ($2.01B), Integrated Circuits ($2B), and Refined Petroleum ($1.72B), exporting mostly to United States ($18.1B), China ($4.88B), Hong Kong ($2.57B), United Kingdom ($2.28B), and Netherlands ($2.18B).

What are the main exports and imports of Israel?

Israel has a technologically advanced free market economy. Cut diamonds, high-technology equipment, and pharmaceuticals are among its leading exports. Its major imports include crude oil, grains, raw materials, and military equipment.

What does Israel Export to us?

How much does Israel Export to the US?

Israel shipped US$61.9 billion worth of goods around the globe in 2018, down by -10.2% since 2014 but up by 1.2% from 2017 to 2018. Top 10 Israeli Exports to the US. Israel’s exports to America amounted to. $16.8 billion or 27.1% of its overall exports.

What kind of goods does Israel Export to the world?

Top Israel Exports. 1 1. Gems, precious metals: $6.1 billion. 2 2. Electronic equipment: $2.1 billion. 3 3. Pharmaceuticals: $1.9 billion. 4 4. Medical, technical equipment: $1.6 billion. 5 5. Machinery: $1.5 billion.

Who is responsible for export controls in Israel?

As of January 1, 2007, the Ministry of Economy’s Chemistry Administration is responsible for the administration of Israel’s dual-use export control system. MOE works closely with Ministry of Defense (MOD)’s Defense Export Controls Agency (DECA). DECA administers Israel’s defense-related export controls.

How much trade does Israel have with the EU?

Israel is the EU’s 24th biggest trade partner, representing 0.9% of the EU’s total trade in goods in 2020. It is also among the EU’s main trading partners in the Mediterranean area.