On Tuesday, the British government suspended free trade negotiations with Israel in response to its military operations in the Gaza war and the expansion of illegal settlements in the occupied West Bank.

Speaking in parliament, Foreign Secretary David Lammy said the British government could not continue to talk about upgrading its existing trade agreements with the Israeli government to achieve what he calls “weird policies” in Gaza and the occupied West Bank.

This is the second day in the UK, France and Canada, and it is threatened to take "specific action" against Israel without blocking their renewed offense and increasing restrictions on aid.

Meanwhile, the EU has also taken a step forward in its relationship with Israel and the EU's foreign policy head Kaja Kallas, confirmed on Tuesday that the group had voted to review its trade cooperation agreement.

How much is Israel-uk trade worth?

The UK and Israel began negotiations on the Modern Free Trade Agreement (FTA) in July 2022 to enhance their economic partnership by resolving areas not covered in their existing trade agreements, especially those not covered in services and digital trade.

According to the United Nations official international trade statistics database, the United Nations COMTRADE, in 2024, the United Kingdom ranked Israel's 11th largest import partner, with total imports of approximately US$1.96 billion. The main products imported from the UK include jet engines, electrical equipment, medicines and vehicles and other machinery.

Instead, the UK is Israel’s eighth largest export destination, worth about $1.57 billion, mainly diamonds, chemicals, machinery and electronics.

What is Israel's largest import and export?

Israel's global trade in 2024 includes $91.5 billion in imports and $61.7 billion in exports.

Some of Israel's major imports include:

• Electrical machinery, electronics and mechanical equipment are worth approximately US$19 billion.
• Vehicles including cars, trucks, buses and aircraft are worth about $10 billion.
• Chemical products, including medicines, are worth $8 billion.
• Mineral products, including oil, coal and cement, are worth $7 billion.
• Gems and jewelry, including diamonds, are worth $4 billion.

Some of Israel's highest exports include:

• Electrical machinery, electronics and mechanical equipment are worth approximately US$18 billion.
• Chemical products, including medicines, are worth US$10 billion.
• Gems and jewelry, including polished diamonds, are worth $9 billion.
• Optics, technology and medical devices are worth $7 billion.
• Mineral products are worth $500 million.

Israel’s electronics sector is a key engine of its export economy, led by key players such as Intel, which operates large-scale chip manufacturing facilities, as well as companies such as Elbit Systems and Orbotech, known for its military electronics and advanced manufacturing expertise.

Israel is the main exporter of medicines, powered by companies such as Teva Pharmaceuticals, one of the world's largest generic drug manufacturers.

Israel is also a global leader in the diamond trade, importing billions of dollars of rough diamonds and then cutting, polishing and domestically handling them before exporting.

Which countries buy the most from Israel?

Israel sold $61.7 billion worth of goods in 2024. The largest importer of Israeli products is the United States, with Ireland at $17.3 billion, China at $17.3 billion and China at $2.8 billion. Hong Kong is a semi-autonomous region of China, which treats the database as a separate entity importing $20 billion in products from Israel. Coupled with China's statistics, the country has become the second largest importer of Israeli products.

• USA Mainly imported diamonds, high-tech electronic products, including integrated circuits and telecommunications equipment and chemical products.
• Ireland It is the largest Israeli integrated circuit buyer in 2024, importing electronic integrated circuits and micro components worth about $3 billion. These components are widely used in the pharmaceutical, medical equipment and technology manufacturing industries in Ireland.
• China Imports a range of Israeli products, including optical equipment, electronic components and chemical products.

The following table shows the 117 countries or regions that purchased Israeli products in 2024. Use the search box to search for any country.

Which countries sell the most to Israel?

Israel purchased $91.5 billion worth of goods from around the world in 2024. Israel's largest exporter is China, with the United States at $19 billion, the United States at $9.4 billion, Germany at $5.6 billion.

• China Mainly exports electric vehicles, mobile phones, computers and metals.
• USA Sell ​​Israeli explosive ammunition, diamonds, electronics and chemical products. Israel received billions of dollars in U.S. military aid, most of which was used for U.S.-made weapons, effectively boosting U.S. exports.
• Germany Export vehicles, medicines, machinery and electronic products.

The following table shows 192 countries or regions that will be sold to Israel in 2024.