2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Israel In 2022, Italy exported $3.72B to Israel. The main products that Italy exported to Israel are 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.

Israel-Italy In 2022, Israel exported $1.25B to Italy. The main products that Israel exported 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 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.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, 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.

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.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Italy - Israel

Flow
Scale

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

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

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).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

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 Italy has comparative advantage over Israel. Similarly, the more yellow a dot/product is, the more Israel has comparative advantage over Italy.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with