Israel-USA Bilateral Trade Analysis 2023
Complete trade statistics: $28.00B total volume •Israel surplus: $9.30B
Israel → USA
$18.65B
Exports (2023)
USA → Israel
$9.35B
Imports (2023)
Trade Balance
$9.30B
Surplus for Israel
Total Trade
$28.00B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Israel and USA. 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-USA commercial relationship and competitive positioning in global markets.
Israel → USA Exports
Export Market Intelligence
🎯 Strategic Export Focus
Israel's export portfolio to USA demonstrates strong diversification across multiple sectors, with diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set representing a key competitive advantage in this bilateral market.
USA → Israel Imports
Import Dependency Profile
📦 Import Strategy Analysis
Israel's import pattern from USA reveals significant dependencyin diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Israel demonstrates competitive strength in exportingdiamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set to USA, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $28.00B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Israel-USA Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $28.00 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Israel maintains a surplus of $9.30 billion
- Export Focus: Israel's primary exports include diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, communication 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
- Import Dependencies: Key imports from USA include diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, ammunition: n.e.c. in chapter 93, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
Strategic Trade Indicators
📈 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 $28.00B 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 diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set.
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
Comparative Advantage
Israel's specialization in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setcomplements USA's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $28.00B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $28.00B 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
Trade Volume Impact
The $28.00 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set and diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Israel's trade surplus of $9.30 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic 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 USA represents a total trade volume of $28.00 billion in 2023. This partnership demonstrates a favorable trade balance for Israel, with exports exceeding importsby $9.30 billion.
Export Strengths
Israel's exports to USA total $18.65 billion, with competitive advantages in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, representing $5.17B or27.7% of bilateral exports.
Import Dependencies
Imports from USA amount to $9.35 billion, highlighting economic interdependence in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, with Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set comprising6.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Israel's competitive position in this bilateral relationship. 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 USA in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023