What are Israel's major imports and exports?
Quick Answer
Israel's major imports include oil and other mineral fuels, uncut diamonds and other precious stones and metals, mechanical machinery and appliances, electrical machinery and electronics, vehicles, and their parts. Israel's major exports include cut diamonds, pearls, other precious stones and metals, electrical machinery and equipment, mechanical machinery and appliances, pharmaceutical products and fertilizers, sound and TV recorders, and reproducers and computer equipment.
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Full Answer
Israel's major import partners include the United States, China, Germany and Belgium, and its major export partners include the United States and Hong Kong. The monthly average of imports in Israel was $1,741.90 million from 1959 until 2014, with an all-time high of $6,987.10 million in October of 2012 and an all-time low of $33.10 million in November of 1959. In 2011, its estimated total imports were $70.62 billion FOB. The monthly average of exports for Israel was $1,310.55 million from 1959 until 2014, with an all-time high of $5,848.30 million in March of 2011 and an all-time low of $10.80 million in July of 1959. In 2011, its estimated total exports were $62.5 billion FOB. In 2011, its estimated GDP growth was 4.8 percent. Agriculture makes up 2.8 percent of Israel's GDP. Israel is a major tourist destination; in 2013, 3.54 million foreign tourists visited.
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