INTERNATIONAL TRADE

INDIA - ISRAEL
TRADE GROUP 6

AISHWARYA LAKSHMI
BHAVANA GIRI
KUBER SOOD
OSHIN SINGAL
SHAURYA GOEL
SUMIT SURESH
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Israel
Capital Jerusalem
Population 8,902,380 (2018) Others
4%
Currency New shekel Arab
21%

HDI Rank 19/188

Jewish
75%

Ethnic Groups
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Agriculture
2%

Industry
27%

GDP  $373.75 billion

GDP, PPP                        $334.33 billion 
GDP Growth Rate (annual %)  4.4% 
GDP Per Capita, PPP $37,670 
Services
GDP PPP Country Rank              31/195
      71%

GDP Composition             
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Evolution of Trade Relations        

1950 1992 2017

Official Recognition Diplomatic Ties Modi becomes first

of Israel formed with opening Indian Prime Minister
of embassy in Tel-Aviv to visit Israel

6th Highest
Export FTA Negotiations
Destination for since 2015
Israel
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Indian Exports to Israel

Top 5 Export Goods

Precious Metals - 54% Total
Worked Chemical Products - 13% Merchandise
Diamonds Textiles - 7.8% Export Value 
53% Machines - 5.3%
$1.82 Billion 
Plastics and Rubber - 5.1%

                    
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Indian Imports from Israel

Top 5 Import Goods

Precious Metals - 56% Total
Unworked Chemical Products - 17% Merchandise
Diamonds Machines - 16% Import Value 
53% Instruments - 4.1%
$2.13 Billion 
Metals- 3.3%

                    
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Largest 3rd Largest

Defence   Buyer of Israel

military
equipment
Defense
Supplier to
India

Plans to seal borders with Pakistan and Bangladesh with the Israeli smart-
fence.   
May 2017 -  Produces small-arms from the Israel Weapons Industries product
line in partnership with Punj Lloyd.
Israel Aerospace Industries (IAI) announced in April 2017 that it had struck a
deal with India's Army and Navy to supply them with an advanced air defense
system worth upwards of $2 billion.  The deal was described by IAI as Israel's
largest-ever defense deal.
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Agriculture Dairy
Farming Tech
Farming Tech

 Cooperation $50 Million

Protection of the shared
1991 Environment agriculture fund
2006 2011

 Agreement on 2003  Agricultural 2008 Cooperation on

Cooperation in cooperation Three- urban water
Agriculture year Work Plan systems
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Other Sectors

Technology, Entertain-
Tourism 
Space & ment 
R&D
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Trade Balance Trend

 

rade Surplus
322.428%
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India's Export Trend in Precious Metals

  rade GDP Ratio
322.428%
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India's Import Trend in Precious Metals and Chemicals

 

rade Surplus
322.428%
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Lastest development/news

Sep 2014-Prime Ministers of India and Israel meet for the first time

Jul 2015- India signals significant shift in India- Israel relations by

voting against Palestine interests at UNHRC

Nov 2016- Israel's President visits India 

Dec 2016- Amended DTAA protocol to avoid double taxation

policy.