Overview In 2021, Israel was the number 28 economy in the world in terms of GDP (current US$), the number 50 in total exports, the number 44 in total imports,
the number 18 economy in terms of GDP per capita (current US$) and the number 20 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Israel are Diamonds ($9.06B), Integrated Circuits ($5.09B), Refined Petroleum ($2.73B), Medical Instruments ($2.36B), and Other Measuring Instruments ($2.32B), exporting mostly to United States ($17B), China ($5.04B), Palestine ($4.16B), India ($2.82B), and Germany ($2.22B).
Imports The top imports of Israel are Diamonds ($6.73B), Cars ($5.1B), Broadcasting Equipment ($2.54B), Integrated Circuits ($2.08B), and Refined Petroleum ($1.88B), importing mostly from China ($13.2B), United States ($10.5B), Turkey ($6.31B), Germany ($6.28B), and Switzerland ($4.32B).
In 2021, Israel was the world's biggest importer of Hot-Rolled Iron Bars ($1.23B)
Location Israel borders Egypt, Jordan, Lebanon, and Syria by land and Cyprus by sea.