Key Market Indicators
Israel is expected to see a slight uptick in the import and export of electrical equipment reaching $18.26 billion by 2026. This is up from $17.03 billion in 2021. On average, demand for electrical equipment in Israel has grown by 0.4% year-on-year since 2000. In 2021, the country ranked 36th in the world, behind Argentina's import of $8.25 billion. The United States, Germany, and Singapore were ranked second, third, and fourth in the world, respectively. Israel is also looking to see a slight increase in the export of electrical equipment, reaching $9.35 billion by 2026. This is up from $8.78 billion in 2021. Over the same period, supply has decreased by 0.2% year-on-year. Indonesia was ahead of Israel in 2021, with an export of $8.78 billion. South Korea, the United States, and Germany were ranked second, third, and fourth, respectively.
