1.  Overview the trade of ISRAEL in goods current year until 202309

According to Dalian Infobank, in 202309, ISRAEL's exports and imports of goods amounted to 11971.2710 million, and were down 11.86% comparing with the same period of last year. Among these, exports were down 5.89% at 5377.0570 million, and imports were down 16.19% at 6594.2140 million. And the corresponding trade deficit was 1217.1570 million and down 43.52%.

During the current year until 202309, ISRAEL's total exports and imports of goods were 119233.4490 million and were down 12.60% comparing to the same period of last year. Among these, exports were 49095.5700 million and down 9.79%; imports were 70137.8790 million and down 14.47%. The total trade deficit was 21042.3090 million and down 23.70%.

If considering by country (region), UNITED STATES, CHINA, OTHER COUNTRIES, GERMANY, TURKEY were ISRAEL's top five trading partners. During the current year until 202309, ISRAEL's imports and exports to five countries/territories were 20556.2560 million, 14821.3280 million, 12342.4080 million, 5856.3050 million, 5363.4630 million. These values correspond to 17.24%, 12.43%, 10.35%, 4.91%, 4.50% of ISRAEL's imports and exports, and, respectively, were down 4.89%, down 18.79%, down 21.53%, down 3.60%, down 21.23% comparing to the same period of last year.

Current year until 202309, 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 202309, ISRAEL's exports to these five countries/territories were 13355.4650 million, 3957.9710 million, 2837.1430 million, 2579.5990 million, 2053.7100 million. These values correspond to 27.20%, 8.06%, 5.78%, 5.25%, 4.18% of ISRAEL's exports and, respectively, were down 3.72%, down 11.12%, up 53.80%, down 26.52%, up 12.99% comparing with the same period of last year.

Current year until 202309, 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 202309, ISRAEL's imports from these five countries/territories were 12241.7290 million, 8384.4370 million, 7200.7910 million, 4249.0190 million, 4115.1860 million. These values correspond to 17.45%, 11.95%, 10.27%, 6.06%, 5.87% of ISRAEL's total imports and, respectively, were down 16.95%, down 25.65%, down 6.98%, down 9.23%, down 20.67% comparing with the same period of last year.

During the current year until 202309, the trade surplus of ISRAEL was mainly from UNITED STATES, IRELAND, NETHERLANDS, BRAZIL, CYPRUS at 6154.6740 million, 2257.1440 million, 770.8280 million, 600.2630 million, 503.8780 million, and up 0.39%, up 94.92%, up 19.41%, down 34.42%, down 27.39%. And the trade deficits were mainly from CHINA, OTHER COUNTRIES, TURKEY, GERMANY, ITALY at 9662.1300 million, 4426.4660 million, 2866.9090 million, 2641.7330 million, 1692.6240 million, and down 13.96%, down 35.13%, down 19.59%, down 19.64%, up 17.27%.

Current year until 202309, ISRAEL's trade surplus or deficit with top five countries/territories During the current year until 202309,  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 18082.9780 million, 11976.9620 million, 11429.6220 million, 10488.4350 million, 8341.2150 million, which were down 0.32%, down 5.56%, down 18.28%, down 28.38%, down 4.00% comparing with the same period of last year and account for 15.17%, 10.04%, 9.59%, 8.80%, 7.00% of ISRAEL's total imports and exports.

During the current year until 202309, 85, 71, 90, 84, 27 were ISRAEL's top five traded commodities, with total import and export values of 9417.5890 million, 6328.2990 million, 5735.6210 million, 4126.7810 million, 3346.2400 million. These values correspond to 19.18%, 12.89%, 11.68%, 8.41%, 6.82% of ISRAEL's total exports and, respectively, were up 9.87%, down 30.81%, down 4.84%, up 1.91%, up 19.12% comparing to the same period of last year.

During the current year until 202309, 85, 27, 84, 87, 71 were ISRAEL's top five traded commodities, with total import values of 8665.3890 million, 8083.3820 million, 7850.1810 million, 6680.4320 million, 4160.1360 million. These values correspond to 12.35%, 11.52%, 11.19%, 9.52%, 5.93% of ISRAEL's total exports and, respectively, were down 9.44%, down 27.68%, down 9.06%, up 13.42%, down 24.34% comparing to the same period of last year.

2. Current year until 202309, ISRAEL binational trade profile

According to Dalian Infobank, during the current year until 202309, ISRAEL-China binational exports and imports of goods amounted to 14821.3280 million and were down 18.79% comparing with the same period of last year. Among these, exports from ISRAEL to China were 2579.5990 million and down 26.52%, imports from China to ISRAEL were 12241.7290 million and down 16.95%. The total binational trade deficit was 9662.1300 million and down 13.96%.

During the urrent year until 202309, 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 3038.3820 million, 2044.1310 million, 1417.5230 million, 1084.7320 million, 817.7560 million and makes up 20.50%, 13.79%, 9.56%, 7.32%, 5.52% of the total binational imports and exports. These values were also down 31.19%, down 23.97%, up 2.86%, up 48.55%, up 21.56% comparing to the same period last year.

During the current year until 202309, 90, 85, 31, 84, 71 were the top five traded commodities exported to China from ISRAEL, with export values of 1051.5140 million, 411.7870 million, 314.4730 million, 252.8080 million, 109.6690 million. These values account for 40.76%, 15.96%, 12.19%, 9.80%, 4.25% of ISRAEL's total exports and were up 8.36%, down 67.40%, up 0.49%, up 23.62%, up 155.98% comparing to the same period of last year.

During the current year until 202309, 85, 84, 87, 98, 39 were ISRAEL's top five traded commodities importing from China , with import values of 2626.5950 million, 1791.3230 million, 1082.6380 million, 817.7560 million, 456.1660 million. These values account for 21.46%, 14.63%, 8.84%, 6.68%, 3.73% of ISRAEL's total imports and were down 16.69%, down 27.89%, up 48.80%, up 21.56%, down 20.53% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Israel Central Bureau of Statistics