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2022
Flag → Flag
Exports $653MRnk 27 / 187
2022
Flag → Flag
Top Product $78.5MTropical Fruits
2022
Flag → Flag
Exports $438MRnk 68 / 138
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
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 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC $54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
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GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Israel-Russia Trade: In 2022, Israel exported $653M to Russia. The main products that Israel exported to Russia were Tropical Fruits ($78.5M), Video Displays ($63.8M), and Other Vegetables ($56.8M). Over the past 5 years the exports of Israel to Russia have decreased at an annualized rate of 5.48%, from $866M in 2017 to $653M in 2022.

In 2012, Israel exported services to Russia worth $100M, with Computer and information services ($99.4M) and Construction services ($1.07M) being the largest in terms of value.

Russia-Israel In N/A, Russia did not export any products to Israel.

In 2020, Russia exported services to Israel worth $212M, with Transportation ($65.8M), Other business services ($42.9M), and Travel ($42.2M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $653M to Russia. The main products exported from Israel to Russia were Tropical Fruits ($78.5M), Video Displays ($63.8M), and Other Vegetables ($56.8M). During the last 5 years the exports of Israel to Russia have decreased at an annualized rate of 5.48%, from $866M in 2017 to $653M in 2022.

Russia does not register exports to Israel.

Exports from Israel (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to Israel (Flag) (2022)

Latest Data

Trade between Israel (Flag) and Russia (Flag)

Israel Exports

Russia Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Russia
Top DestinationChina$101B

This map shows whether countries import more from Israel or Russia. Each country is colored based on the difference in imports they receive from Israel and Russia or the difference in the growth in imports.

In 2022, countries that imported more from Israel than Russia included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Russia than Israel included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia (Flag) and Israel (Flag) (2022)

Comparative Advantage Israel - Russia

Flow
Scale

This chart compares trade between Israel and Russia by product, considering products traded by both, Israel and Russia.

During 2022, Israel had a large net trade with Russia in the exports of Vegetable Products ($210M), Machines ($157M), and Chemical Products ($99.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Russia+$43.1MTelephones
Top Product Potential Russia Israel+$47.7MDiamonds

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2012, Israel exported services to Russia worth $100M, with Computer and information services ($99.4M) and Construction services ($1.07M) being the largest in terms of value.

In 2020, Russia exported services to Israel worth $212M, with Transportation ($65.8M), Other business services ($42.9M), and Travel ($42.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Israel (Flag) to Russia (Flag) (2012)

Services Exports from Russia (Flag) to Israel (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Israel and Russia. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Russia (Flag) (2022)

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