Economic Outlook of Israel (2015):
|
GDP (billion USD)
|
305,2
|
Inflation rate (%)
|
0,7
|
|
Economic growth (GDP %)
|
2,5
|
Unemployment rate (%)
|
5,3
|
|
Population (million)
|
8,4
|
Export (fob-billion USD)
|
63,9
|
|
Population growth
|
1,9
|
Import (cif-billion USD)
|
62,7
|
|
GDP per capita (USD)
|
34,490
|
|
|
Resource: The Embassy of Türkiye in Tel Aviv
Main trade partners: USA, UK, China, Belgium, Germany
Main export products: Pearls, precious stones, metals, electrical, electronic equipment
Main import products: Electrical, electronic equipment, mineral fuels, oils, pearls, precious stones, metals
Bilateral Trade Statistics:
|
YEAR
|
EXPORT
|
IMPORT
|
VOLUME
|
BALANCE
|
|
2010
|
2080
|
1360
|
3440
|
720
|
|
2011
|
2391
|
2057
|
4448
|
334
|
|
2012
|
2330
|
1710
|
4040
|
619
|
|
2013
|
2650
|
2418
|
5068
|
232
|
|
2014
|
2750
|
2680
|
5359
|
63
|
|
2015
|
2698
|
1672
|
4370
|
1026
|
Resource: Ministry of Economy , TUIK (million USD)
Türkiye’s exports to Israel: Vehicles other than railway or tramway rolling-stock, parts thereof; iron and steel; electrical machinery and equipment; plastic and articles thereof
Türkiye’s imports from Israel: Mineral fuels and product of their distillation, plastic and articles thereof, boilers, machineries and mechanical appliances, parts thereof
Numbers of Israeli visitors: 8.046 (2014), 13.672 (2015)
Bilateral Cooperation Mechanisms
Joint Economic Commission: The 4th meeting of Türkiye- Israel Joint Economic Commission was held on 24 November 2009 in Ankara under the co-presidency of H.E. Vecdi Gönül, the former Minister of Defense of Türkiye and the former Israeli Minister of Industry, Trade and Labor Ben Eliezer.