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Export Market

Israel

ISO: IL / ISR

Country Profile

Capital Jerusalem
Population 10.1M
GDP $540.4B (2024)
GDP per Capita $54,177
Income Level High Income
Currency Israeli new shekel (ILS ₪)
Language Arabic
Timezone UTC+02:00
Region Asia · Western Asia

Trade Partners

Israel Exports To

  • USA 29.0%
  • China 10.0%
  • Ireland 6.0%
  • Germany 4.0%
  • Hong Kong 4.0%

Key exports: integrated circuits, diamonds, broadcasting equipment, medical instruments, refined petroleum (2023)

Israel Imports From

  • China 17.0%
  • USA 12.0%
  • Germany 7.0%
  • Turkey 6.0%
  • Italy 4.0%

Key imports: cars, diamonds, crude petroleum, broadcasting equipment, garments (2023)

Economic Overview

high-income, technology- and industrial-based economy; economic contraction and fiscal deficits resulting from war in Gaza; labor force stabilizing following military reservist mobilization; high-tech industry remains resilient while construction and tourism among hardest-hit sectors

Government: parliamentary democracy

UK Trade Status

FTA in Force

The UK has a free trade agreement with Israel, providing preferential market access for UK exporters.

Trade Barriers

2 active barriers affecting UK exporters

Public procurement barriers for UK businesses wanting to bid for tenders in Israel

Public procurement in Israel is underpinned by the 1992 Tender Obligation Law, which defines how invitations to tender need to be written and advertised - in one ‘known’ newspaper and on one website. Whilst some invitations to tender are advertised …

Reported: 7 Jan 2020

Lengthy standards testing in Israel affecting UK exports

The Standards Institute of Israel (the statutory body in Israel that develops and establishes standards) regularly adopts standards developed by Israeli regulators that are not in line with international standards. For example, high standards for labelling requirements, which may discriminate …

Reported: 15 Oct 2019

Geographic Region

Middle East, Afghanistan and Pakistan

Export Guidance

Relevant guidance for exporting to Israel.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇫 Afghanistan 🇧🇭 Bahrain 🇮🇷 Iran 🇮🇶 Iraq 🇯🇴 Jordan FTA 🇰🇼 Kuwait 🇱🇧 Lebanon FTA 🇴🇲 Oman

Official Resources

Government export support for Israel.

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