Israel - India Business Guide | 2025

I srael – India | Trade and Business Relations A mong the world's countries, Israel's trade in goods and business services with India is among the largest and most important. By the end of 2024 , India is ranked as Israel's 6 th largest trading partner ( 4 th including diamond trade). F or Israel, India is the 6 th largest export destination worldwide and the 15 th largest import source. In the past decade, trade between the countries has grown by approximately 90 %, led by exports. T he trade volume between the countries stands at an average of about 4 . 7 billion US dollars annually. The trade is predominantly industrial. According to estimates, about a third of the trade between the countries originates from business services. T he graph shows the trends in Israel-India trade over the past decade, with imports and exports in billions of US dollars, indicating significant growth from an average of 2 . 5 billion US dollars in 2015 - 2016 to 4 . 7 billion US dollars in 2023 - 2024 (excluding diamond which stood at around one billion US dollars). Data: Processing by the IEI Economic Unit for the volume of trade in business services and goods for the years 2015 - 2024 . Unless otherwise noted, trade data in this report refers to trade between Israel and India excluding diamond trade. Israeli Exports of goods and business services to India Israeli Import of goods and business services from India Total Trade T op 10 Leading Export Sectors from Israel to India | In Millions of Dollars I ndia is a strategic export destination for Israel, representing about 3 %of total exports in goods and business services. The leading export sectors include software services, electronic components and telecom products, optical and medical equipment, fertilizers and chemicals, and agricultural and mechanical machinery. Import $ 1.6 Billion (+40%) Export $ 3.1 Billion (+123%) 1.4 1.1 4.7 (+86%) 2.5 AVG. 2015-2016 AVG. 2023-2024* Electronic components and telecom products Computer programming and consultancy Optical and medical equipment Agricultural machinery and mechanical equipment Fertilizers Chemical Products Aircraft, Spacecraft, And Parts Thereof Aluminum And Articles Organic Chemicals Plastics And Articles 1,075 971 163 139 135 65 55 32 32 31 Israel-India > Business Guide > 2025 16 > General Information > Bilateral Trade