Bilateral trade between Israel and China grows by 22.6% in the first half of 2022


International Business News  –  According to Israeli media reports, in 2021, Israel’s imports of goods from China will reach 10.7 billion US dollars, an increase of nearly 40% compared with 2020. China has become Israel’s largest source of goods.

From January to June 2022, the bilateral import and export volume of goods between Israel and China was 12,687,458,400 US dollars, an increase of 2,329,673,900 US dollars compared with the same period in 2021, a year-on-year increase of 22.6%.

Among them, the total value of goods imported by Israel from China is 8,136,177,600 US dollars, an increase of 1,142,298,100 US dollars compared with the same period in 2021, a year-on-year increase of 16.4%. The products are mainly low-value simple customs clearance products, photovoltaic cells, other plated or galvanized ordinary steel sheets, intelligent mobile phone, etc.

The total value of Israel’s exports to China was 4,551,280,900 US dollars, an increase of 3,929,389,300 US dollars compared with the same period in 2021, a year-on-year increase of 35.3%. The products are mainly integrated circuits, semiconductor devices, chemicals, diamonds, etc.

From January to June 2022, the trade balance between China and Israel was US$3,584,896,700, and from January to June 2021, the trade balance between China and Israel was US$3,629,974,400, and the difference remained basically unchanged.


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