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Trade between Israel and Spain

In 2024, Israel exported $931 million to Spain and imported $2.2 billion. Israel ran a deficit of $1.3 billion with Spain, compared with a deficit of $650 million in 2019. Spain was Israel’s 16th largest trading partner (2% of its trade), and Israel was Spain’s 40th (0.4%).

Summary

Israel → Spain
$931million
Spain → Israel
$2.2billion
Israel’s balance
-$1.3billion

Balance

Israel’s trade balance with Spain

Trade between Israel and Spain grew 3.3-fold since 1995

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

  • Exports 0.9
  • Imports 2.2
  • Balance -1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$375 million$598 million-$222 million
1996$442 million$722 million-$279 million
1997$427 million$679 million-$253 million
1998$466 million$701 million-$235 million
1999$521 million$635 million-$114 million
2000$539 million$843 million-$304 million
2001$619 million$782 million-$163 million
2002$491 million$710 million-$219 million
2003$597 million$689 million-$92 million
2004$697 million$707 million-$11 million
2005$787 million$701 million$86 million
2006$985 million$796 million$188 million
2007$1.2 billion$857 million$375 million
2008$1.3 billion$1.1 billion$205 million
2009$1.2 billion$906 million$275 million
2010$1.3 billion$1 billion$256 million
2011$1.1 billion$1.3 billion-$189 million
2012$1.2 billion$1.4 billion-$201 million
2013$1.2 billion$1.5 billion-$325 million
2014$1.1 billion$1.5 billion-$395 million
2015$809 million$1.4 billion-$618 million
2016$825 million$1.7 billion-$881 million
2017$784 million$1.8 billion-$1 billion
2018$718 million$1.6 billion-$884 million
2019$824 million$1.5 billion-$650 million
2020$761 million$1.6 billion-$844 million
2021$986 million$2.1 billion-$1.1 billion
2022$1.2 billion$2.3 billion-$1.1 billion
2023$1 billion$2 billion-$936 million
2024$931 million$2.2 billion-$1.3 billion

What they sell each other

What Israel sells to Spain

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

  1. Cyclic hydrocarbons$82 million · 8.8%
    84 thousand tonnes
  2. Refined petroleum$45 million · 4.8%
    67 thousand tonnes · Israel’s destinations
  3. Pesticides and herbicides$42 million · 4.5%
    3 thousand tonnes
  4. Nitrites and nitrates$37 million · 4%
    45 thousand tonnes
  5. 141 tonnes · Israel’s destinations
  6. Phosphoric acid$34 million · 3.7%
    50 thousand tonnes
  7. 2 thousand tonnes
  8. Valves and taps$27 million · 2.9%
    1 thousand tonnes
  9. 4 tonnes
  10. Plastic sheets and film$23 million · 2.5%
    9 thousand tonnes

What Spain sells to Israel

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

  1. Cars$293 million · 13.1%
    27 thousand tonnes · Spain’s destinations
  2. Women's suits and dresses$124 million · 5.6%
    3 thousand tonnes
  3. Ceramic tiles$108 million · 4.8%
    222 thousand tonnes
  4. 1 thousand tonnes
  5. Sweaters and pullovers$61 million · 2.7%
    2 thousand tonnes
  6. Buses$47 million · 2.1%
    3 thousand tonnes
  7. T-shirts$46 million · 2.1%
    4 thousand tonnes
  8. Men's suits and trousers$37 million · 1.7%
    749 tonnes
  9. 1 thousand tonnes
  10. 7 thousand tonnes · Spain’s destinations

How it travels

Estimated sea route from Haifa to Valencia.

The estimated sea route between Haifa and Valencia is 1,862 nautical miles (3,448 km) long: ≈ 4.5–5.5 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$2.4 billion · 74.7%
  2. Air$803 million · 25.3%

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

How much each matters to the other

Spain was Israel’s 16th largest trading partner (2% of its trade), and Israel was Spain’s 40th (0.4%).

Spain in Israel’s trade
2.1%
Spain’s rank among Israel’s partners
16th
Israel in Spain’s trade
0.4%
Israel’s rank among Spain’s partners
40th

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.