USA-Israel Bilateral Trade Analysis 2023

Complete trade statistics: $28.00B total volume โ€ขUSA deficit: $9.30B

USA โ†’ Israel

$9.35B

Exports (2023)

Israel โ†’ USA

$18.65B

Imports (2023)

Trade Balance

$9.30B

Deficit for USA

Total Trade

$28.00B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

USA โ†’ Israel Exports

$9.35B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
6.3% top product
1Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
$590.92M
6.3% of exports
2Ammunition: n.e.c. in chapter 93
$573.06M
6.1% of exports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$293.92M
3.1% of exports
4Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
$229.94M
2.5% of exports
5Communication 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
$183.14M
2.0% of exports
6Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$170.42M
1.8% of exports
7Electronic integrated circuits: n.e.c. in heading no. 8542
$158.85M
1.7% of exports
8Photographic plates and film: exposed and developed, other than cinematographic film
$143.52M
1.5% of exports
9Turbines: parts of turbo-jets and turbo-propellers
$136.05M
1.5% of exports
10Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles
$121.92M
1.3% of exports

๐ŸŽฏ Strategic Export Focus

USA's export portfolio to Israel 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.

Israel โ†’ USA Imports

$18.65B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
27.7% concentration
1Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
$5.17B
27.7% of imports
2Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$974.70M
5.2% of imports
3Communication 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
$809.15M
4.3% of imports
4Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018
$572.19M
3.1% of imports
5Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
$552.85M
3.0% of imports
6Telephones for cellular networks or for other wireless networks
$315.00M
1.7% of imports
7Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$285.03M
1.5% of imports
8Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$241.32M
1.3% of imports
9Plastics: other articles n.e.c. in chapter 39
$240.50M
1.3% of imports
10Turbines: parts of turbo-jets and turbo-propellers
$222.56M
1.2% of imports

๐Ÿ“ฆ Import Strategy Analysis

USA's import pattern from Israel reveals strategic sourcingin 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

๐Ÿ†

Market Leadership

USA demonstrates competitive strength in exportingdiamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set to Israel, 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 $28.00B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: USA-Israel Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $28.00 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a deficit of $9.30 billion
  • Export Focus: USA's primary exports 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
  • Import Dependencies: Key imports from Israel 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

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 $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 USA 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

1

Comparative Advantage

USA's specialization in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setcomplements Israel's demand patterns, creating natural trade synergies.

2

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.

3

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 ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

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

๐Ÿ’ฐ

Trade Volume Impact

The $28.00 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

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.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

USA's trade deficit of $9.30 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 ammunition: n.e.c. in chapter 93 present expansion opportunities.
Market Diversification
Beyond current focus on diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set 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 USA and Israel represents a total trade volume of $28.00 billion in 2023. This partnership demonstrates an unfavorable trade balance for USA, with imports exceeding exportsby $9.30 billion.

Export Strengths

USA's exports to Israel total $9.35 billion, with competitive advantages in diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set, representing $590.92M or6.3% of bilateral exports.

Import Dependencies

Imports from Israel amount to $18.65 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 comprising27.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates USA's strategic sourcing from Israel. 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 USA and Israel 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