Value of exports from Israel to the EU 2019-2024

Israel's exports to the European Union (EU) reached 17.3 billion U.S. dollars in 2024, highlighting the strong economic ties between the two regions. This figure represents a significant portion of Israel's total exports, which amounted to some 66.9 billion U.S. dollars in goods in 2023. The EU remains a crucial trade partner for Israel, with the relationship bolstered by a trade agreement signed in 2000.

Europe as a key export market

The broader European continent stands as Israel's most significant export region, with exports valued at 20.9 billion U.S. dollars in 2024. This surpasses North America, which received Israeli exports worth 18 billion U.S. dollars. The United States, as part of North America, remains Israel's largest export partner after the EU, with exports totaling 14.1 billion U.S. dollars in 2024, showing a slight increase from 2023.

Diverse export portfolio

Israel's exports encompass a wide range of commodities and services. In 2023, the country’s dominant technology industry exported goods valued at nearly 21.7 billion U.S. dollars. By comparison, agricultural exports from the country accounted for 2.7 billion U.S. dollars. Furthermore, since 2020, Israel began exporting natural gas to its neighbors in Jordan and Egypt, reaching 11.6 billion cubic meters by 2023.