After 9 months war on Gaza with the Israeli economy crumbling… who are the most countries exports to Israel
According to the latest foreign trade data issued by the Israeli Central Bureau of Statistics on June 27, the value of Israeli imports during the first five months of 2024 with only 33 trade partners out of 120 trade partners registered in the statistics, while it declined with 62 of them, and remained constant with 25 others, compared to the same period in 2023.
At start the UAE exports to Israel during the first five months of this year amounted to $1.189 billion, compared to $ 988 million in the same period of 2023, an increase of 20%, followed by United States, whose exports increased by $174 million.
Türkiye remains the fifth source of Israel, despite the decline in its export in the first five months of 2024 by $565 million compared to the same period in 2023.
Currently the top ten countries exports to Israel are:
- UAE
- USA
- Ireland
-
Hong Kong
- Brazil
- Bahrain
- Cyprus
- Denmark
- Uruguay
- Vietnam
According to official statistics published by the Israeli Central Bureau of Statistics, the countries that increased their exports to the entity between the first five months of 2023 and their counterparts in 2024 are:
1. Ireland (+145.1M)
2. Estonia (+11.7M)
3. Bulgaria (+4M)
4. Denmark (+24.6M)
5. Malta (+2.3M)
6. Cyprus (+26.4M)
7. Romania (+2.7M)
8. Albania (+2.4M)
9. Bosnia and Herzegovina (+0.6M)
10. Belarus (+1.1M)
11. Gibraltar (+0.7M)
12. North Macedonia (+1.7 million).
13. Serbia (+3.5M)
14. Uzbekistan (+0.6 million).
15. UAE (+200.9M)
16. Bahrain (+47.3M)
17. Georgia (+2.3M)
18. Hong Kong (+132.8M)
19. Vietnam (+12M)
20. Uganda (+1.3M)
21. Ghana (+1.3M)
22. Tanzania (+1M)
23. Nigeria (+2.6M)
24. United States (+174.2M)
25. Mexico (+2.8M)
26. Panama (+5.6M)
27. Costa Rica (+2.7M)
28. Uruguay (+21.9M)
29. Argentina (+7.8M)
30. Brazil (+125.1M)
31. Paraguay (+11.7M)
32. Peru (+5.8M)
33. Chile (+11.3M)
Jordan’s exports to Israel declined by about $55 million during the first five months of 2024 compared to their counterpart in 2023, when they were $184 million and became $129.1 million, a decrease of 30%, but nevertheless remained the second Arab source for Israel after the UAE, followed by Egypt, Bahrain and Morocco, respectively.
