Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Israel

Israel ranked No. 23 in total trade value through August with a total of $23.33 billion. Exports totaled $9.84 billion and Imports totaled $13.49 billion, a deficit of $3.65 billion.

January – August 2019

Top Trading Ports

Total Trade: $23.33 billion

RankPortTotal YTD
1John F. Kennedy International Airport $8,464,352,819
2Port of Newark $3,350,328,349
3Los Angeles International Airport $1,862,845,225
4Port of New Orleans $1,422,135,851
5Port of Corpus Christi, Texas $923,389,854
6Port of Savannah, Ga. $875,777,365
7Port of Everett, Wash. $615,283,762
8San Francisco International Airport, Calif. $563,037,829
9Port of Houston $470,500,573
10Chicago O’Hare International Airport $421,998,925

U.S. trade with Israel rose to $23.33 billion through August

Israel’s trade with the United States rose to $23.33 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.91 percent below its total trade during the same time period last year. U.S. exports to Israel increased 4.9 percent while U.S. imports from Israel fell 9.46 percent. The U.S. deficit with Israel was $3.65 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Newark; No. 3 Los Angeles International Airport; No. 4 Port of New Orleans; and No. 5 Port of Corpus Christi, Texas. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Newark No. 3 Los Angeles International Airport No. 4 Port of New Orleans and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 68.68 percent of Israel’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 12.96 percent to $8.46 billion.
    Exports fell 16.75 percent to $3.46 billion. Imports fell 10.13 percent to $5 billion.
  • Trade with No. 2 Port of Newark fell 3.49 percent to $3.35 billion.
    Exports rose 21.2 percent to $947.42 million. Imports fell 10.67 percent to $2.4 billion.
  • Trade with No. 3 Los Angeles International Airport rose 7.33 percent to $1.86 billion.
    Exports rose 9.24 percent to $818.11 million. Imports rose 5.88 percent to $1.04 billion.
  • Trade with No. 4 Port of New Orleans fell 15.31 percent to $1.42 billion.
    Exports fell 12.8 percent to $383.69 million. Imports fell 16.2 percent to $1.04 billion.
  • Trade with No. 5 Port of Corpus Christi, Texas rose 742 percent to $923.39 million.
    Exports rose 742 percent to $923.39 million. There were no imports.

Israel ranked No. 23 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 22.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Israel by value through August were the categories of Diamonds, not mounted; Civilian aircraft, parts; Misc. machinery for moving, grading; Bombs, grenades, cartridges, parts; and Computers, respectively. They accounted for 51.42 percent of total exports to Israel.

The value of the top five categories of U.S. imports from Israel –– Diamonds, not mounted; Medicines in individual dosages; Value added to a returned import; Medical instruments for surgeons, dentists, vets; and Miscellaneous machine parts –– accounted for 57.92 percent of all inbound shipments.

Looking more closely at U.S. exports to Israel:

  • Diamonds, not mounted fell 11.5 percent compared to last year to $2.96 billion.
  • Civilian aircraft, parts fell 4.52 percent compared to last year to $1.01 billion.
  • Misc. machinery for moving, grading rose 26089 percent compared to last year to $761.84 million.
  • Bombs, grenades, cartridges, parts rose 47.4 percent compared to last year to $166.27 million.
  • Computers rose 12.45 percent compared to last year to $160.08 million.

Looking more closely at U.S. imports from Israel:

  • Diamonds, not mounted fell 9.58 percent compared to last year to $4.78 billion.
  • Medicines in individual dosages fell 44.2 percent compared to last year to $1.23 billion.
  • Value added to a returned import fell 8.81 percent compared to last year to $855.56 million.
  • Medical instruments for surgeons, dentists, vets rose 10.89 percent compared to last year to $646.85 million.
  • Miscellaneous machine parts rose 92.46 percent compared to last year to $301.96 million.

In the latest annual figures available, Israel recorded $34.49 billion in trade with the United States. At year’s end, its were New York City; Philadelphia; Los Angeles; New Orleans; and Atlanta/Savannah. Total U.S. exports to Israel were $ 12.54 billion and imports from Israel were $21.95 billion. The U.S. deficit with Israel was $9.4 billion.