Israel imported $10.7 billion in goods from China in 2021, a nearly 40 percent increase from 2020
China surpassed the United States as Israel’s largest source of imports in 2021, according to data released Thursday by the Central Bureau of Statistics.
Last year, Israel imported $10.7 billion in goods from the communist regime, compared to $7.7b in 2020, a nearly 40 percent increase.
Imports from the US – Israel’s previous largest source of imports – totaled $8.2b in 2021, as it still remains Israel’s largest export destination, The Times of Israel reported.
Israel’s largest trade deficit was also with China, at $6.6b.
According to Israel’s Foreign Ministry, the trade volume between Israel and China increased significantly over the past three decades of diplomatic relations, standing today at approximately $18b.
