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Trade between Israel and Italy

In 2024, Israel exported $1.2 billion to Italy and imported $3.5 billion. Israel ran a deficit of $2.3 billion with Italy, compared with a deficit of $2.1 billion in 2019. Italy was Israel’s 8th largest trading partner (3% of its trade), and Israel was Italy’s 47th (0.4%).

Summary

Israel → Italy
$1.2billion
Italy → Israel
$3.5billion
Israel’s balance
-$2.3billion

Balance

Israel’s trade balance with Italy

Trade between Israel and Italy grew 64% since 1995

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

  • Exports 1.2
  • Imports 3.5
  • Balance -2.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$624 million$2.2 billion-$1.6 billion
1996$633 million$2.3 billion-$1.7 billion
1997$725 million$2 billion-$1.3 billion
1998$833 million$1.8 billion-$998 million
1999$748 million$1.7 billion-$903 million
2000$868 million$1.9 billion-$996 million
2001$798 million$1.8 billion-$1 billion
2002$787 million$1.6 billion-$844 million
2003$928 million$1.5 billion-$573 million
2004$1.2 billion$1.8 billion-$630 million
2005$1.1 billion$2.1 billion-$928 million
2006$1.3 billion$2.2 billion-$891 million
2007$1.4 billion$2.6 billion-$1.2 billion
2008$1.8 billion$2.6 billion-$761 million
2009$1.5 billion$2.4 billion-$882 million
2010$1.4 billion$2.5 billion-$1.1 billion
2011$1.6 billion$3.1 billion-$1.5 billion
2012$1.3 billion$2.8 billion-$1.5 billion
2013$1.3 billion$2.8 billion-$1.5 billion
2014$1.3 billion$3 billion-$1.7 billion
2015$983 million$2.8 billion-$1.8 billion
2016$1.1 billion$3 billion-$1.9 billion
2017$1.1 billion$3 billion-$1.9 billion
2018$969 million$3.2 billion-$2.2 billion
2019$938 million$3 billion-$2.1 billion
2020$864 million$2.8 billion-$1.9 billion
2021$1.4 billion$3.5 billion-$2.1 billion
2022$1.3 billion$3.6 billion-$2.3 billion
2023$1.1 billion$3.5 billion-$2.4 billion
2024$1.2 billion$3.5 billion-$2.3 billion

What they sell each other

What Israel sells to Italy

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

  1. Cyclic hydrocarbons$93 million · 8.1%
    96 thousand tonnes
  2. Polypropylene$86 million · 7.5%
    69 thousand tonnes · Italy’s sources
  3. Aircraft parts$73 million · 6.3%
    99 tonnes
  4. Refined petroleum$71 million · 6.1%
    91 thousand tonnes · Israel’s destinations
  5. Diamonds$60 million · 5.2%
    1 tonne · Israel’s destinations
  6. Pesticides and herbicides$39 million · 3.4%
    3 thousand tonnes
  7. Turbojets and gas turbines$32 million · 2.8%
    70 tonnes · Italy’s sources
  8. Potash fertilizers$31 million · 2.7%
    99 thousand tonnes
  9. Coal tar oils$29 million · 2.5%
    29 thousand tonnes
  10. 7 thousand tonnes

What Italy sells to Israel

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

  1. Jewelry$190 million · 5.5%
    10 tonnes · Italy’s destinations
  2. Ceramic tiles$114 million · 3.3%
    202 thousand tonnes
  3. Shipping containers$108 million · 3.1%
    35 tonnes
  4. Gold$88 million · 2.5%
    1 tonne · Italy’s destinations
  5. Furniture$80 million · 2.3%
    19 thousand tonnes · Italy’s destinations
  6. Valves and taps$64 million · 1.8%
    2 thousand tonnes
  7. 1 thousand tonnes
  8. 3 thousand tonnes · Italy’s destinations
  9. Bread, biscuits and pastries$51 million · 1.5%
    11 thousand tonnes
  10. 2 thousand tonnes

How it travels

Estimated sea route from Haifa to Genoa.

The estimated sea route between Haifa and Genoa is 1,584 nautical miles (2,933 km) long: ≈ 3.5–4.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$3.3 billion · 70.1%
  2. Air$1.4 billion · 29.9%

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

How much each matters to the other

Italy was Israel’s 8th largest trading partner (3% of its trade), and Israel was Italy’s 47th (0.4%).

Italy in Israel’s trade
3%
Italy’s rank among Israel’s partners
8th
Israel in Italy’s trade
0.4%
Israel’s rank among Italy’s partners
47th

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.