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Trade between India and Israel

In 2024, India exported $1.8 billion to Israel and imported $1.4 billion. India ran a surplus of $409 million with Israel, compared with a surplus of $365 million in 2019. Israel was India’s 51st largest trading partner (0.3% of its trade), and India was Israel’s 15th (2%).

Summary

India → Israel
$1.8billion
Israel → India
$1.4billion
India’s balance
$409million

Balance

India’s trade balance with Israel

Trade between India and Israel grew 6.9-fold since 1995

USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.8
  • Imports 1.4
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$237 million$231 million$6 million
1996$290 million$281 million$9 million
1997$363 million$345 million$18 million
1998$391 million$377 million$15 million
1999$495 million$617 million-$122 million
2000$599 million$543 million$56 million
2001$464 million$449 million$15 million
2002$706 million$648 million$58 million
2003$938 million$713 million$226 million
2004$1.2 billion$878 million$276 million
2005$1.3 billion$1.2 billion$137 million
2006$1.5 billion$1.1 billion$354 million
2007$1.7 billion$1.5 billion$232 million
2008$1.7 billion$2 billion-$315 million
2009$1.2 billion$1.8 billion-$614 million
2010$1.9 billion$2.4 billion-$474 million
2011$2.2 billion$2.7 billion-$468 million
2012$2 billion$2.5 billion-$510 million
2013$2.2 billion$2.4 billion-$151 million
2014$2.3 billion$2.3 billion$53 million
2015$1.9 billion$2.1 billion-$221 million
2016$1.8 billion$2.1 billion-$281 million
2017$1.9 billion$2 billion-$96 million
2018$2.1 billion$2.1 billion$55 million
2019$2.1 billion$1.7 billion$365 million
2020$1.6 billion$1.8 billion-$174 million
2021$2.7 billion$2.8 billion-$87 million
2022$2.9 billion$2.9 billion-$39 million
2023$2.6 billion$1.8 billion$864 million
2024$1.8 billion$1.4 billion$409 million

What they sell each other

What India sells to Israel

The top 10 headings in 2024, with their share of the total.

  1. Diamonds$583 million · 32.2%
    1 tonne · India’s destinations
  2. Bed, table and kitchen linen$56 million · 3.1%
    6 thousand tonnes
  3. Ceramic tiles$47 million · 2.6%
    82 thousand tonnes
  4. Cables and wire$45 million · 2.5%
    1 thousand tonnes · India’s destinations
  5. 82 tonnes
  6. Rice$35 million · 1.9%
    38 thousand tonnes · India’s destinations
  7. 603 tonnes
  8. Synthetic gemstones$31 million · 1.7%
  9. T-shirts$29 million · 1.6%
    13 thousand tonnes
  10. Firearm parts$29 million · 1.6%
    47 tonnes

What Israel sells to India

The top 10 headings in 2024, with their share of the total.

  1. Microchips$184 million · 13.1%
    79 tonnes · Israel’s destinations
  2. Bombs, missiles and ammunition$128 million · 9.2%
    10 tonnes
  3. Potash fertilizers$76 million · 5.4%
    241 thousand tonnes
  4. Diamonds$71 million · 5.1%
    Israel’s destinations
  5. Pesticides and herbicides$62 million · 4.4%
    6 thousand tonnes
  6. Aluminum scrap$62 million · 4.4%
    35 thousand tonnes
  7. Other electrical devices$54 million · 3.9%
    602 tonnes
  8. 106 tonnes
  9. 771 tonnes · Israel’s destinations
  10. Mixed fertilizers$38 million · 2.7%
    22 thousand tonnes

How it travels

Estimated sea route from Nhava Sheva (Mumbai) to Haifa.

The estimated sea route between Nhava Sheva (Mumbai) and Haifa is 12,009 nautical miles (22,240 km) long: ≈ 28–35.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Gibraltar (12,009 nautical miles); and 15% via the Bab-el-Mandeb Strait and the Suez Canal (3,321 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.5 billion · 47.4%
  2. Air$1.7 billion · 52.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Israel was India’s 51st largest trading partner (0.3% of its trade), and India was Israel’s 15th (2%).

Israel in India’s trade
0.3%
Israel’s rank among India’s partners
51st
India in Israel’s trade
2.1%
India’s rank among Israel’s partners
15th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.