India Israel trade balance analysis for 5 years : 2013- 2018

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India and Israel are politically strong partners since long time.India exported goods worth 3.3 billions US dollars while imported goods worth 2.06 billions USD in financial year 2016-17. India has trade surplus with Israel in tune of 1.2 billion USD.

India Israel trade balance 5 years 2013-2018
India Israel trade balance 5 years 2013-2018

Key Points of India Israel trade balance in 5 years

  1. Export to Israel increased by 9% in FY 2017-18
  2. Import from Israel increased by 5.4%
  3. India’s export to Israel in 5 years is highest in 2013-14 at 3.74 billions USD.
  4. India’s import from Israel is highest in 2014-15 at 2.32 billions USD.
  5. Trade balance is in favor of India in tune of 1.29 billion USD.
  6. India’s total export was highest in 2013-14 at 314 billion USD in last 5 years.
  7. India’s import from Israel is down and it has been decreased by 10.6% since 2013-14

Also Read, India Indonesia trade balance analysis for 5 years : 2013- 2018

Top 25 commodity imported from Israel by India in 2017-18

Country:  Israel, Values in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Articles Jewellery;Coin. 1,114.59 995.46 -10.69
2 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 209.21 310.03 48.19
3 Fertilizers. 179.76 181.92 1.2
4 Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof; 53.8 101.55 88.77
5 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 97.9 98.47 0.59
6 Miscellaneous Chemical Products. 59.15 60.79 2.77
7 Organic Chemicals 58.91 45.75 -22.34
8 Aluminum And Articles Thereof. 22.31 43.35 94.26
9 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 1.53 31.88 1,983.28
10 Plastic And Articles Thereof. 24.82 26.21 5.61
11 Aircraft, Spacecraft, And Parts Thereof. 10.65 22.28 109.12
12 Tools Implements, Cutlery, Spoons And Forks, Of Base Metal; Parts Thereof Of Base Metal. 17.19 21.8 26.82
13 Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals, Or Radi. Elem. Or Of Isotopes. 29.4 18.86 -35.83
14 Pharmaceutical Products 8.77 16.64 89.69
15 Cotton. 9.83 15.79 60.65
16 Iron And Steel 5.97 11.16 87.04
17 Articles Of Iron Or Steel 3.98 10.05 152.49
18 Tanning Or Dyeing Extracts; Tannin And Their Deri. Dyes, Pigments And Other Coloring Matter; Paints And Ver; Putty And Other Mastic; Inks. 5.28 5.91 11.99
19 Pulp Of Wood Or Of Other Fibrous Cellulose Material; Waste And Scrap Of Paper Or Paperboard. 3.59 5.47 52.25
20 Project Goods; Some Special Uses. 3.97 5.3 33.27
21 Salt; Sulfur; Earths And Stone; Plastering Materials, Lime And Cement. 10.45 3.82 -63.49
22 Copper And Articles Thereof. 2.38 3.64 52.84
23 Preparations Of Vegetables, Fruit, Nuts Or Other Parts Of Plants. 2.91 2.93 0.47
24 Glass And Glassware. 1.62 2.82 74.39
25 Oil Seeds And Olga. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder. 2.81 2.55 -9.22

Top 25 commodities exported to Israel by India in 2017-18

Country:  Israel, Values in Million $ US
S.No. Commodity 2016-17 2017-18 %Growth
1 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 1,018.40 1,051.50 3.25
2 Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Articles Jewellery;Coin. 999.4 1,031.34 3.2
3 Organic Chemicals 162.16 182.98 12.84
4 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 35.69 174.48 388.89
5 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 92.36 159.77 72.99
6 Plastic And Articles Thereof. 79.48 86.75 9.15
7 Aircraft, Spacecraft, And Parts Thereof. 135.39 70.41 -48
8 Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. 82.5 68.82 -16.58
9 Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof; 38.68 45.82 18.44
10 Articles Of Apparel And Clothing Accessories, Knitted Or Crocheted. 43.2 41.03 -5.03
11 Cereals. 30.14 40.5 34.37
12 Aluminum And Articles Thereof. 19.62 37.12 89.16
13 Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags 31.37 32.32 3.02
14 Miscellaneous Chemical Products. 32.79 28.97 -11.66
15 Man-Made Staple Fibers. 25.42 24.62 -3.14
16 Coffee, Tea, Mate And Spices. 15.3 19.05 24.54
17 Articles Of Apparel And Clothing Accessories, Not Knitted Or Crocheted. 19.09 19 -0.51
18 Ceramic Products. 11.32 16.73 47.76
19 Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. 13.79 16.02 16.1
20 Oil Seeds And Olga. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder. 12.59 14.83 17.71
21 Iron And Steel 13.77 14.77 7.26
22 Articles Of Iron Or Steel 11.25 13.98 24.3
23 Cotton. 17.94 13.34 -25.64
24 Arms And Ammunition; Parts And Accessories Thereof. 12.22 11.95 -2.2
25 Footwear, Gaiters And The Like; Parts Of Such Articles. 7.99 10.69 33.84

Source Ministry of Commerce and Industry, India

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