19 / 116
019
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Exports of
goods
725 1,378 1,199 1,680 1,481 1,331 1,044 1,093 1,320 1,147
1,800
1,600
1,400
1,200
1,000
800
600
400
200
0
In Millions of dollars
Exports of Goods from Israel to India from2012 to 2016
(Excluding diamonds)
Processing and analysis: Economic Unit, Israel Export Institute
Israel’s Exports to India
Due to the slowdown in the Indian economy between 2010-2013,
relative to earlier years,and the decrease in demand for commodities
from Israel to India, exports to India 2010 reached the lowest point
in 6 years.With the establishment of the new government in India
and its economic recovery, the volume of bilateral trade improved
significantly,a trend that also reflected a sharp increase in exports.In
2015 this trend reached its peak and exports showed double-digit
growth - 21% - and climbed ot a total of US$ 1.3 billion.
In 2016 there was a reduction in exports to India, in contrast to the
positive trend in the earlier two years. Total Israeli exports to India
amounted to US$ 1.15 billion in 2016, representing a decrease of
13% compared to exports in 2015. It is important to note that the
volume of export in 2016 still remains relatively high, compared to
exports during the period 2013-2014.
India is considered as one of the emerging destinations of Israel
and the most important one for Israel globally and is traditionally
regarded as being among Israel’s 10 major export destinations.In 2016
India was ranked as the 9th export destination of goods from Israel.
Exports of telecommunication equipment and metals,which figure
among the major goods exported by Israel to India,remained stable,
compared to the previous year.These sectors account for 40% in value
of the total goods exported to India.Exports of telecommunications
equipment declined by about 2% to approximately around US$ 2.4
million. Exports of metals and metal products increased by 2% to
US$ 212 million dollars.
An increase was registered in exports of electronic components -
by about 44% - to US$ 32 million, as well as office machines and IT
parts, that increased by 39% to US$ 29 million.
A sharp decrease of 69% in exports was registered in measuring,
testing and navigation devices,amounting to about US$ 28 million.
There was also a decrease of 30% in exports of control equipment,
optical instruments and photography to US$ 90 million.
Sector
Description (M$ )
2015 2016 Percentage
Change 15/16
Percentage of
Sector in 2016
Telecommunications
Equipment
244 239
-2%
21%
Basic Metals and
Metal Products
209 213
2%
19%
Minerals, Quarrying
and Mining
160 165
3%
14%
Chemicals and
Refined Oil
158 144
-9%
13%
Control Equipment
for Industry,
Optical
Instruments,
Photography
130 90
-30%
8%
Machinery and
Equipment
90 72
-20%
6%
Others
330 224
-32%
20%
Major Sectors of Exports
from Israel to India
Most of the exports of metals and metal products relate to improvement
in transport and control systems.
Processing and analysis: Economic Unit, Israel Export Institute
Telecommunications
Equipment
Basic
Metals
and Metal
Products
Minerals, Quarrying
and Mining
Others
Chemicals and
Refined Oil
Machinery
and
Equipment
Control
Equipment
for Industry,
Optical
instruments,
Photography
Sector-wise Distribution of Exports to India 2016
21%
20%
6%
8%
12%
14%
19%