2022
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GDP
$522BCURRENT US$
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2012-2022
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GDP GROWTH
99%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$54,660CURRENT US$
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2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Israel-Italy In 2022, Israel exported $1.25B to Italy. The main products that Israel exported to Italy are Refined Petroleum ($115M), Propylene Polymers ($98.7M), and Cyclic Hydrocarbons ($82.4M). During the last 27 years the exports of Israel to Italy have increased at an annualized rate of 2.59%, from $626M in 1995 to $1.25B in 2022.

In 2012, Israel exported services to Italy worth $36.6M, with Computer and information services ($32.7M) and Royalties and license fees ($3.83M) being the largest in terms of value.

Italy-Israel In 2022, Italy exported $3.72B to Israel. The main products that Italy exported to Israel were Unglazed Ceramics ($144M), Refined Petroleum ($116M), and Other Furniture ($110M). During the last 27 years the exports of Italy to Israel have increased at an annualized rate of 1.88%, from $2.25B in 1995 to $3.72B in 2022.

In 2009, Italy exported services to Israel worth $599M, with Services not allocated ($299M), Travel ($96.8M), and Other business services ($66.5M) being the largest in terms of value.

Comparison In 2022,  Israel ranked 19 in the Economic Complexity Index (ECI 1.17), and 49 in total exports ($76.9B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $1.25B to Italy. The main products exported from Israel to Italy were Refined Petroleum ($115M), Propylene Polymers ($98.7M), and Cyclic Hydrocarbons ($82.4M). During the last 27 years the exports of Israel to Italy have increased at an annualized rate of 2.59%, from $626M in 1995 to $1.25B in 2022.

In 2022, Italy exported $3.72B to Israel. The main products exported from Italy to Israel were Unglazed Ceramics ($144M), Refined Petroleum ($116M), and Other Furniture ($110M). During the last 27 years the exports of Italy to Israel have increased at an annualized rate of 1.88%, from $2.25B in 1995 to $3.72B in 2022.

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

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

Latest Data

Trade between Israel (Flag) and Italy (Flag)

Israel Exports

Italy Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Israel than Italy were Palestine ($4.6B), Ireland ($3.86B), and Botswana ($16.6M).

In 2021, countries that imported more from Italy than Israel were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage Israel - Italy

Flow
Scale

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

During 2022, Israel had a large net trade with Italy in the exports of Chemical Products ($291M), Plastics and Rubbers ($262M), and Mineral Products ($154M).

During 2022, Italy had a large net trade with Israel in the exports of Machines ($952M), Chemical Products ($354M), and Foodstuffs ($316M).

Service Trade

Bilateral Service Trade

In 2012, Israel exported services to Italy worth $36.6M, with Computer and information services ($32.7M) and Royalties and license fees ($3.83M) being the largest in terms of value.

In 2009, Italy exported services to Israel worth $599M, with Services not allocated ($299M), Travel ($96.8M), and Other business services ($66.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Italy (Flag) to Israel (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Israel has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Israel.

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

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