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Israel

Israel ranked No. 23 in total trade value through September with a total of $25.97 billion. Exports totaled $10.93 billion and Imports totaled $15.03 billion, a deficit of $4.1 billion.

January – September 2019

Top Trading Ports

Total Trade: $25.97 billion

RankPortTotal YTD
1John F. Kennedy International Airport $9,427,454,355
2Port of Newark $3,765,833,585
3Los Angeles International Airport $1,997,451,711
4Port of New Orleans $1,552,602,991
5Port of Savannah, Ga. $1,001,535,746
6Port of Corpus Christi, Texas $923,389,854
7Port of Everett, Wash. $764,361,141
8San Francisco International Airport, Calif. $630,662,606
9Port of Houston $561,923,608
10Port of New York $486,506,455

U.S. trade with Israel rose to $25.97 billion through September

Israel’s trade with the United States rose to $25.97 billion through the first nine months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.09 percent below its total trade during the same time period last year. U.S. exports to Israel increased 7.76 percent while U.S. imports from Israel fell 8.19 percent. The U.S. deficit with Israel was $4.1 billion.

Through September, 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 Savannah, Ga.. 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 Port of New Orleans No. 4 Los Angeles International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 68.33 percent of Israel’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 10.41 percent to $9.43 billion.
    Exports fell 14.17 percent to $3.83 billion. Imports fell 7.64 percent to $5.6 billion.
  • Trade with No. 2 Port of Newark fell 3.16 percent to $3.77 billion.
    Exports rose 23.11 percent to $1.07 billion. Imports fell 10.73 percent to $2.7 billion.
  • Trade with No. 3 Los Angeles International Airport rose 7.79 percent to $2 billion.
    Exports rose 9.12 percent to $866.76 million. Imports rose 6.8 percent to $1.13 billion.
  • Trade with No. 4 Port of New Orleans fell 17.7 percent to $1.55 billion.
    Exports fell 15.1 percent to $421.42 million. Imports fell 18.62 percent to $1.13 billion.
  • Trade with No. 5 Port of Savannah, Ga. fell 8.67 percent to $1 billion.
    Exports fell 30.35 percent to $261.15 million. Imports rose 2.6 percent to $740.38 million.

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. 23.

Meanwhile, total U.S. trade with the world increased to $3.11 trillion, down 0.58 percent compared to the same period last year. The nation’s exports dropped 1.01 percent to $1.23 trillion; imports dropped 0.3 percent to $1.88 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 $647.62 billion, up compared to the same period of last year when the deficit was $640.85 billion.

The top five U.S. exports to Israel by value through September were the categories of Diamonds, not mounted; Civilian aircraft, parts; Misc. machinery for moving, grading; Computers; and Bombs, grenades, cartridges, parts, respectively. They accounted for 50.86 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 Cell phones, related equipment –– accounted for 57.48 percent of all inbound shipments.

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

  • Diamonds, not mounted fell 8.36 percent compared to last year to $3.23 billion.
  • Civilian aircraft, parts rose 5.11 percent compared to last year to $1.21 billion.
  • Misc. machinery for moving, grading rose 23767 percent compared to last year to $762.2 million.
  • Computers rose 19.76 percent compared to last year to $187.09 million.
  • Bombs, grenades, cartridges, parts rose 46.5 percent compared to last year to $177.51 million.

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

  • Diamonds, not mounted fell 7.43 percent compared to last year to $5.31 billion.
  • Medicines in individual dosages fell 44.24 percent compared to last year to $1.34 billion.
  • Value added to a returned import fell 9 percent compared to last year to $953.06 million.
  • Medical instruments for surgeons, dentists, vets rose 5.93 percent compared to last year to $699.33 million.
  • Cell phones, related equipment rose 15.05 percent compared to last year to $336.39 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.

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