1.  Overview the trade of ISRAEL in goods current year until 202306

According to Dalian Infobank, in 202306, ISRAEL's exports and imports of goods amounted to 13320.7520 million, and were down 16.53% comparing with the same period of last year. Among these, exports were down 11.52% at 5925.2660 million, and imports were down 20.15% at 7395.4860 million. And the corresponding trade deficit was 1470.2200 million and down 42.68%.

During the current year until 202306, ISRAEL's total exports and imports of goods were 80299.6080 million and were down 13.36% comparing to the same period of last year. Among these, exports were 33079.2400 million and down 10.52%; imports were 47220.3680 million and down 15.25%. The total trade deficit was 14141.1280 million and down 24.58%.

If considering by country (region), UNITED STATES, CHINA, OTHER COUNTRIES, GERMANY, TURKEY were ISRAEL's top five trading partners. During the current year until 202306, ISRAEL's imports and exports to five countries/territories were 13524.3820 million, 9714.2230 million, 8137.5070 million, 3965.7210 million, 3737.6060 million. These values correspond to 16.84%, 12.10%, 10.13%, 4.94%, 4.65% of ISRAEL's imports and exports, and, respectively, were down 6.88%, down 20.67%, down 20.55%, down 5.12%, down 20.93% comparing to the same period of last year.

Current year until 202306, ISRAEL and the top five trade partners UNITED STATES, OTHER COUNTRIES, IRELAND, CHINA, NETHERLANDS are the top five countries/territories that ISRAEL exports to in terms of the total export amount. During the current year until 202306, ISRAEL's exports to these five countries/territories were 8887.4450 million, 2637.2440 million, 1944.7860 million, 1704.6230 million, 1413.8620 million. These values correspond to 26.87%, 7.97%, 5.88%, 5.15%, 4.27% of ISRAEL's exports and, respectively, were down 5.22%, down 11.12%, up 92.45%, down 27.07%, up 15.33% comparing with the same period of last year.

Current year until 202306, ISRAEL's exports to top five countries/territories CHINA, OTHER COUNTRIES, UNITED STATES, GERMANY, TURKEY are the top five countries/territories that ISRAEL imports from in terms of the total export amount. During the current year until 202306, ISRAEL's imports from these five countries/territories were 8009.6000 million, 5500.2630 million, 4636.9370 million, 2903.9160 million, 2863.6820 million. These values correspond to 16.96%, 11.65%, 9.82%, 6.15%, 6.06% of ISRAEL's total imports and, respectively, were down 19.16%, down 24.39%, down 9.91%, down 9.86%, down 20.90% comparing with the same period of last year.

During the current year until 202306, the trade surplus of ISRAEL was mainly from UNITED STATES, IRELAND, NETHERLANDS, BRAZIL, SLOVENIA at 4250.5080 million, 1540.6980 million, 495.8700 million, 416.6630 million, 390.4190 million, and up 0.49%, up 187.63%, up 10.32%, down 41.14%, up 31.93%. And the trade deficits were mainly from CHINA, OTHER COUNTRIES, TURKEY, GERMANY, ITALY at 6304.9770 million, 2863.0190 million, 1989.7580 million, 1842.1110 million, 1177.5480 million, and down 16.72%, down 33.54%, down 20.85%, down 18.62%, up 17.91%.

Current year until 202306, ISRAEL's trade surplus or deficit with top five countries/territories During the current year until 202306,  commodities with hs2 codes, 85, 84, 27, 71, 90, were ISRAEL's top five traded commodities. They correspond to the import and export values of 11825.0890 million, 8096.0590 million, 7614.0250 million, 7331.6730 million, 5593.9330 million, which were down 1.54%, down 4.65%, down 16.01%, down 29.78%, down 4.07% comparing with the same period of last year and account for 14.73%, 10.08%, 9.48%, 9.13%, 6.97% of ISRAEL's total imports and exports.

During the current year until 202306, 85, 71, 90, 84, 27 were ISRAEL's top five traded commodities, with total import and export values of 6037.0880 million, 4418.2890 million, 3857.3440 million, 2767.7310 million, 2332.4540 million. These values correspond to 18.25%, 13.36%, 11.66%, 8.37%, 7.05% of ISRAEL's total exports and, respectively, were up 9.71%, down 33.28%, down 4.87%, up 4.01%, up 23.88% comparing to the same period of last year.

During the current year until 202306, 85, 84, 27, 87, 71 were ISRAEL's top five traded commodities, with total import values of 5788.0010 million, 5328.3280 million, 5281.5710 million, 4628.7040 million, 2913.3840 million. These values correspond to 12.26%, 11.28%, 11.18%, 9.80%, 6.17% of ISRAEL's total exports and, respectively, were down 11.06%, down 8.61%, down 26.46%, up 13.12%, down 23.72% comparing to the same period of last year.

2. Current year until 202306, ISRAEL binational trade profile

According to Dalian Infobank, during the current year until 202306, ISRAEL-China binational exports and imports of goods amounted to 9714.2230 million and were down 20.67% comparing with the same period of last year. Among these, exports from ISRAEL to China were 1704.6230 million and down 27.07%, imports from China to ISRAEL were 8009.6000 million and down 19.16%. The total binational trade deficit was 6304.9770 million and down 16.72%.

During the urrent year until 202306, commodities with hs2 code, 85, 84, 90, 87, 98, were binational trade's top five traded commodities. They correspond to import and export values of 2067.1820 million, 1400.1100 million, 883.6450 million, 659.5190 million, 521.8170 million and makes up 21.28%, 14.41%, 9.10%, 6.79%, 5.37% of the total binational imports and exports. These values were also down 29.95%, down 28.06%, up 1.49%, up 33.01%, up 18.17% comparing to the same period last year.

During the current year until 202306, 90, 85, 31, 84, 71 were the top five traded commodities exported to China from ISRAEL, with export values of 642.6120 million, 315.4550 million, 216.7200 million, 171.6000 million, 62.4230 million. These values account for 37.70%, 18.51%, 12.71%, 10.07%, 3.66% of ISRAEL's total exports and were up 6.54%, down 63.07%, up 19.70%, up 14.35%, up 107.28% comparing to the same period of last year.

During the current year until 202306, 85, 84, 87, 98, 39 were ISRAEL's top five traded commodities importing from China , with import values of 1751.7270 million, 1228.5100 million, 657.8620 million, 521.8170 million, 307.6140 million. These values account for 21.87%, 15.34%, 8.21%, 6.51%, 3.84% of ISRAEL's total imports and were down 16.46%, down 31.60%, up 33.32%, up 18.17%, down 20.34% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Israel Central Bureau of Statistics