in goods more than tripled rom $3.9billion to $12.4 billion, with U.S. exportsto Israel totaling $6 billion and Israeliexports to the U.S. totaling $6.4 billion.Between 1996 and 2010, bilateral trade ingoods nearly tripled to an estimated $32billion.In 2010, bilateral trade has started torebound rom the global economic downturnand is up about 16% as compared to thesame period o time in 2009. For 2010,we estimate that bilateral trade will reach$32 billion with Israeli exports to the U.S.totaling $21 billion and U.S. exports toIsrael totaling $11 billion.Outside o diamonds and jewelry, themajority o bilateral trade in goods isconcentrated in industrial and high techitems; or example, in 2009, chemicals,plastics, and telecommunications andelectronic products accounted or nearly70% o Israeli exports to the U.S. Similarly,chemicals, transportation equipment,and telecommunications equipment andelectronic products accounted or nearly60% o U.S. exports to Israel.
Israel is among the U.S.’s 12 largest exportmarkets per capita. Despite a populationof only 7.5 million people, Israel is amongthe U.S.’s 25 largest export markets byvalue, ahead of countries such as Russia,Ireland, Spain, and Argentina.
Trade in Services – A Potential for Growth:US-Israel Bilateral Trade in Services 1992-2008
In Millions of U.S. Dollars
Israel has the third highest numberof NASDAQ listed companies, behindthe U.S. and Canada.
A Foundation forBilateral Investment
• Between 2000 and 2008, U.S. DirectInvestment in Israel totaled $67.2billion and Israeli Direct Investment inthe U.S. totaled $44.1 billion.• In 2008, Israel was among the top20 suppliers o Direct Investment tothe U.S. in terms o total and per capitainvestments.• Well known U.S. companies such asMicrosot, Berkshire-Hathaway, IBM,and General Electric have extensiveinvestments in Israel, while Israelicompanies such as Teva Pharmaceu-ticals, Tower Semi Conductors, andStrauss are heavily invested in the U.S.
servicesrom IsraelU.S.exports o servicesrom IsraelBilateraltrade inservices