2022
Exports
$3.61MWorld Rnk 43 / 157
Flag Rnk 494 / 1170
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$46.4MWorld Rnk 40 / 215
Flag Rnk 322 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $3.61M in Silicone, making it the 43rd largest exporter of Silicone in the world. At the same year, Silicone was the 494th most exported product in Israel. The main destination of Silicone exports from Israel are: Italy ($1.08M), Netherlands ($806k), Spain ($384k), Egypt ($296k), and Russia ($196k).

The fastest growing export markets for Silicone of Israel between 2021 and 2022 were Netherlands ($778k), Italy ($606k), and Spain ($260k).

Imports In 2022, Israel imported $46.4M in Silicone, becoming the 40th largest importer of Silicone in the world. At the same year, Silicone was the 322nd most imported product in Israel. Israel imports Silicone primarily from: Germany ($16.1M), China ($6.44M), United States ($4.66M), Belgium ($3.78M), and Thailand ($3.11M).

The fastest growing import markets in Silicone for Israel between 2021 and 2022 were Germany ($4.43M), China ($4.26M), and South Korea ($2.28M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Silicone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.61M
IMPORTS (2022)$46.4M
NET TRADE (2022)-$42.8M

In 2022, Israel exported $3.61M in Silicone. The main destinations of Israel exports on Silicone were Italy ($1.08M), Netherlands ($806k), Spain ($384k), Egypt ($296k), and Russia ($196k).

In 2022, Israel imported $46.4M in Silicone, mainly from Germany ($16.1M), China ($6.44M), United States ($4.66M), Belgium ($3.78M), and Thailand ($3.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Israel WERE (2021 - 2022):
Netherlands$778k (2.73k%)
Italy$606k (129%)
Spain$260k (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Israel WERE (2021 - 2022):
United Kingdom-$186k (-73%)
Egypt-$138k (-31.8%)
France-$118k (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Silicone were:
In 2022, Israel' main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $318k
TOP IMPORT POTENTIALChina+ $3.06M

Silicone’s highest export potential is Italy. With an export gap of $318k.   Silicone’s highest import potential is China with an import gap of $3.06M.

See methodology.

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