2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

China-Israel Trade: In 2022, China exported $14.4B to Israel. The main products that China exported to Israel were Cars ($1.07B), Broadcasting Equipment ($437M), and Semiconductor Devices ($330M). Over the past 5 years the exports of China to Israel have increased at an annualized rate of 13.2%, from $7.73B in 2017 to $14.4B in 2022.

In 2022, China did not export any services to Israel.

Israel-China Trade: In 2022, Israel exported $5.53B to China. The main products that Israel exported to China were Integrated Circuits ($1.95B), Other Measuring Instruments ($495M), and Potassic Fertilizers ($345M). Over the past 5 years the exports of Israel to China have increased at an annualized rate of 8.74%,  from $3.64B in 2017 to $5.53B in 2022.

In 2012, Israel exported services to China worth $17M, with Computer and information services ($17M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $14.4B to Israel. The main products exported from China to Israel were Cars ($1.07B), Broadcasting Equipment ($437M), and Semiconductor Devices ($330M). During the last 5 years the exports of China to Israel have increased at an annualized rate of 13.2%, from $7.73B in 2017 to $14.4B in 2022.

In 2017, Israel exported $5.53B to China. The main products exported from Israel to China were Integrated Circuits ($1.95B), Other Measuring Instruments ($495M), and Potassic Fertilizers ($345M). During the last 5 years the exports of Israel to China have increased at an annualized rate of 8.74%, from $3.64B in 2022 to $5.53B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from China than Israel included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Israel than China included Palestine ($4.6B), British Indian Ocean Territory ($48k), and Guam ($43k).

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

Comparative Advantage China - Israel

Flow
Scale

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

During 2022, China had a large net trade with Israel in the exports of Machines ($4.06B), Metals ($1.83B), and Transportation ($1.69B).

During 2017, Israel had a large net trade with China in the exports of Machines ($2.71B), Instruments ($1.34B), and Chemical Products ($945M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Israel+$327MTelephones
Top Product Potential Israel China+$567MIntegrated Circuits

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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Economic Complexity

Competitive Landscape

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

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

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