Israel-China Bilateral Trade Analysis 2023

Complete trade statistics: $18.73B total volume โ€ขIsrael deficit: $11.07B

Israel โ†’ China

$3.83B

Exports (2023)

China โ†’ Israel

$14.90B

Imports (2023)

Trade Balance

$11.07B

Deficit for Israel

Total Trade

$18.73B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Israel and China. Green line shows exports from Israel, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Israel-China commercial relationship and competitive positioning in global markets.

Israel โ†’ China Exports

$3.83B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
11.4% top product
1Optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90
$438.53M
11.4% of exports
2Fertilizers, mineral or chemical: potassic, potassium chloride
$312.88M
8.2% of exports
3Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
$246.48M
6.4% of exports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$242.31M
6.3% of exports
5Instruments and apparatus: using optical radiations (UV, visible, IR), (other than spectrometers, spectrophotometers and spectrographs)
$167.99M
4.4% of exports
6Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018
$145.07M
3.8% of exports
7Microscopes (excluding optical microscopes): diffraction apparatus
$132.54M
3.5% of exports
8Instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90
$113.15M
3.0% of exports
9Apparatus based on use of x-rays and similar: parts and accessories (x-ray generators, tubes, high tension generators, control panels and desks, screens, examination or treatment tables, chairs and like
$85.35M
2.2% of exports
10Electronic integrated circuits: n.e.c. in heading no. 8542
$81.43M
2.1% of exports

๐ŸŽฏ Strategic Export Focus

Israel's export portfolio to China demonstrates strong diversification across multiple sectors, with optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90 representing a key competitive advantage in this bilateral market.

China โ†’ Israel Imports

$14.90B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
8.1% concentration
1Vehicles: with only electric motor for propulsion
$1.20B
8.1% of imports
2Telephones for cellular networks or for other wireless networks
$626.96M
4.2% of imports
3Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$402.56M
2.7% of imports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$318.61M
2.1% of imports
5Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
$247.32M
1.7% of imports
6Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)
$236.62M
1.6% of imports
7Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$190.62M
1.3% of imports
8Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$170.91M
1.1% of imports
9Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, of a kind designed to be fixed to a window, wall, ceiling or floor, self-contained or "split-system"
$166.80M
1.1% of imports
10Electrical static converters
$165.35M
1.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Israel's import pattern from China reveals significant dependencyin vehicles: with only electric motor for propulsion, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Israel demonstrates competitive strength in exportingoptical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90 to China, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $18.73B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Israel-China Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $18.73 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Israel maintains a deficit of $11.07 billion
  • Export Focus: Israel's primary exports include optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90, fertilizers, mineral or chemical: potassic, potassium chloride, diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
  • Import Dependencies: Key imports from China include vehicles: with only electric motor for propulsion, telephones for cellular networks or for other wireless networks, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $18.73B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Israel leveraging its comparative advantages in optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Israel's specialization in optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90complements China's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only electric motor for propulsion.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $18.73B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $18.73B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $18.73 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90 and vehicles: with only electric motor for propulsion demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Israel's trade deficit of $11.07 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fertilizers, mineral or chemical: potassic, potassium chloride present expansion opportunities.
Market Diversification
Beyond current focus on vehicles: with only electric motor for propulsion, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90 may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Israel and China represents a total trade volume of $18.73 billion in 2023. This partnership demonstrates an unfavorable trade balance for Israel, with imports exceeding exportsby $11.07 billion.

Export Strengths

Israel's exports to China total $3.83 billion, with competitive advantages in optical instruments and appliances: for inspecting semiconductor wafers or devices or for inspecting photomasks or reticles used in manufacturing semiconductor devices, n.e.c. in chapter 90, representing $438.53M or11.4% of bilateral exports.

Import Dependencies

Imports from China amount to $14.90 billion, highlighting economic interdependence in vehicles: with only electric motor for propulsion, with Vehicles: with only electric motor for propulsion comprising8.1% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Israel's strategic sourcing from China. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Israel and China in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023