Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Israel | Imports and Exports | World | Electronic integrated circuits | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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8542. Electronic integrated circuits and microassembliesIsraelWorldExportsValue (US$)2,831,507,000.004,075,366,000.003,910,199,000.005,578,568,000.003,452,510,000.002,764,903,000.003,259,649,000.002,098,975,000.002,925,553,000.003,746,309,000.004,940,699,000.004,434,950,512.00
Value Growth, YoY (%)58.3243.92-4.0542.66-38.11-19.9117.89-35.6039.3828.0531.88-10.23
ImportsValue (US$)2,110,958,000.001,846,607,000.001,735,409,000.002,531,282,000.002,724,392,000.001,044,102,000.001,163,384,000.001,022,796,000.001,016,117,000.001,700,255,000.002,200,469,000.001,627,885,954.00
Value Growth, YoY (%)47.47-12.52-6.0245.867.62-61.6711.42-12.08-0.6567.3229.41-26.02

The value of exports of commodity group 8542 "Electronic integrated circuits and microassemblies" from Israel totalled $ 4.43 billion in 2023. Sales of commodity group 8542 from Israel decreased by 10.2% in value terms compared to 2022. exports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 505 million (cumulative exports of commodity group 8542 from Israel amounted $4.94 billion in 2022)

Exports of commodity group 8542 "Electronic integrated circuits and microassemblies" amounted to 7.4% of total exports from Israel (cumulative merchandise exports from Israel totalled $ 59 billion in 2023). The share of commodity group 8542 in total exports from Israel increased by 0.593 p.p. compared to 2022 (it was 6.8% in 2022 and cumulative exports from Israel were equal to $ 72 billion).

Exports of commodity group 8542 amounted to 38% of total sales of group "" from Israel in 2023 (the value of exports of commodity group from Israel amounted to $11.3 billion in 2023). The share of exports of commodity group 8542 in sales of commodity group from Israel lowered by 2.9 p.p. compared to 2022 (it was 41% in 2022, and exports of commodity group from Israel were $11.8 billion).

Where does Israel export Electronic integrated circuits and microassemblies?

Top export destinations of "Electronic integrated circuits and microassemblies" from Israel in 2023:

  • Ireland with a share of 58% (2.58 billion US$)
  • USA with a share of 20% (923 million US$)
  • India with a share of 3.74% (165 million US$)
  • Hong Kong with a share of 3.14% (139 million US$)
  • China with a share of 2.37% (105 million US$)
  • Other Asia, nes with a share of 1.84% (81 million US$)
  • Germany with a share of 1.1% (48 million US$)
  • United Kingdom with a share of 1.03% (45 million US$)
  • Singapore - 40 million US$
  • Philippines - 36 million US$

Exports structure of 8542 - Electronic integrated circuits and microassemblies - from Israel in 2023 represented by the following main commodity groups:

  • 5.63% (249 million US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42

The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to Israel totalled $ 1.62 billion in 2023. Sales of commodity group 8542 to Israel decreased by 26% in value terms compared to 2022. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 572 million (the value of imports of commodity group 8542 to Israel was equal to $2.2 billion in 2022)

Imports of commodity group 8542 "Electronic integrated circuits and microassemblies" accounted for 1.95% of total import flow to Israel (in 2023, total imports to Israel amounted to $ 83 billion). The share of commodity group 8542 in total imports to Israel decreased by 0.084 p.p. compared to 2022 (it was 2.04% in 2022 and cumulative imports to Israel were equal to $ 107 billion).

Imports of commodity group 8542 reached 15.6% of total imports of group "" to Israel in 2023 (imports of commodity group to Israel totalled $10.4 billion in 2023). The share of purchases of commodity group 8542 in imports of commodity group to Israel went down by 1.88 p.p. compared to 2022 (it was 17.5% in 2022, and imports of commodity group to Israel accounted for $12.5 billion).

Where does Israel import Electronic integrated circuits and microassemblies from?

Top trading partners (import of "Electronic integrated circuits and microassemblies") of Israel in 2023:

  • Other Asia, nes with a share of 23% (384 million US$)
  • USA with a share of 15.8% (257 million US$)
  • Korea with a share of 10.4% (169 million US$)
  • Netherlands with a share of 9.65% (157 million US$)
  • China with a share of 8.65% (140 million US$)
  • Philippines with a share of 5.85% (95 million US$)
  • Malaysia with a share of 5.23% (85 million US$)
  • Belgium with a share of 3.76% (61 million US$)
  • Singapore with a share of 3.1% (50 million US$)
  • Thailand with a share of 2.99% (48 million US$)

Imports structure of 8542 - Electronic integrated circuits and microassemblies - to Israel in 2023 represented by the following main commodity groups:

  • 0.466% (7.59 million US$): 854290 - Parts of the electronic integrated circuits & microassemblies of 85.42

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Israel | Imports and Exports | World | Electronic integrated circuits | Value (US$) and Value Growth, YoY (%) | 2012 - 2023