Israel China Trade Partner
In 2017, Israel attracted a total of US $ 18.954 billion in foreign investment, making it one of the most popular overseas investment countries in the Middle East. It is worth mentioning that in Israel’s foreign direct investment, capital from the United States accounts for about 68%, while investment from China also hit a new high of more than 7 billion US dollars, accounting for 36%.
China is Israel’s largest trading partner in Asia and the third largest in the world. In 2017, the bilateral trade volume was US $ 13.121 billion, a year-on-year increase of 15.6%. China is also Israel’s largest export destination in Asia, accounting for 37.5% of its total annual exports to Asia. According to statistics from the Ministry of Economy and Industry, a total of 271 Israeli companies exported to China for the first time in 2017, including 20 medical device companies, 40 mobile and electronics companies, 5 agricultural companies, 13 beauty and skin care companies, and 7 clean technology companies. .
Israel’s exports to China jumped to US $ 1.55 billion in the first quarter of 2018, an 80% increase from the fourth quarter of 2017 (US $ 870 million). Perhaps the friendship of the Chinese market was felt.At the end of 2018, the Israeli Ministry of Economy and Industry released a 2019 China-Israel event calendar, including China and Israel’s activities in trade, science and technology information.
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