2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

India-Israel Trade: In 2022, India exported $4.86B to Israel. The main products that India exported to Israel were Refined Petroleum ($1.96B), Diamonds ($1.28B), and Nitrogen Heterocyclic Compounds ($65.3M). Over the past 5 years the exports of India to Israel have increased at an annualized rate of 13.3%, from $2.6B in 2017 to $4.86B in 2022.

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

Israel-India Trade: In 2022, Israel exported $3.07B to India. The main products that Israel exported to India were Diamonds ($874M), Potassic Fertilizers ($419M), and Navigation Equipment ($281M). Over the past 5 years the exports of Israel to India have increased at an annualized rate of 8.3%,  from $2.06B in 2017 to $3.07B in 2022.

In 2012, Israel exported services to India worth $57.4M, with Computer and information services ($57.4M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). 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, India exported $4.86B to Israel. The main products exported from India to Israel were Refined Petroleum ($1.96B), Diamonds ($1.28B), and Nitrogen Heterocyclic Compounds ($65.3M). During the last 5 years the exports of India to Israel have increased at an annualized rate of 13.3%, from $2.6B in 2017 to $4.86B in 2022.

In 2017, Israel exported $3.07B to India. The main products exported from Israel to India were Diamonds ($874M), Potassic Fertilizers ($419M), and Navigation Equipment ($281M). During the last 5 years the exports of Israel to India have increased at an annualized rate of 8.3%, from $2.06B in 2022 to $3.07B in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from India than Israel included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Israel than India included Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

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

Comparative Advantage India - Israel

Flow
Scale

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

During 2022, India had a large net trade with Israel in the exports of Mineral Products ($1.97B), Precious Metals ($1.34B), and Chemical Products ($283M).

During 2017, Israel had a large net trade with India in the exports of Precious Metals ($895M), Machines ($807M), and Chemical Products ($640M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Israel+$202MDiamonds
Top Product Potential Israel India+$305MDiamonds

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 India and Israel. This means that a dot/product with the flag of India indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over India.

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

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