What India Import from Israel? India-Israel Trade Relations and Agreement
What does India import from Israel, and how strong is the trade relationship between India and Israel? India-Israel trade relations have grown steadily over the years, positioning India as Israel’s 2nd largest trading partner in Asia and 6th globally. Bilateral trade between India and Israel crossed US$ 3.7 billion in FY 2024–25, driven by consistent export–import activity and sectoral cooperation. While India maintains a trade surplus, imports from Israel play a key role in strengthening India’s industrial and technological base. India primarily imports electrical machinery and equipment, precious and semi-precious stones, defense equipment, fertilizers, and advanced technology products. In FY25, India’s imports from Israel were valued at around US$ 1.61 billion, highlighting Israel’s strength in high-value manufacturing, defense systems, and innovation-driven sectors.
What Does India Import from Israel?
India imports a range of high-value and technology-driven products from Israel, which play a crucial role in strengthening India’s industrial, agricultural, and defense capabilities. In FY 2024-25, India’s imports from Israel stood at around US$ 1.61 billion, reflecting steady demand for specialized and innovation-led goods.
A major share of India imports from Israel comes from electrical machinery and equipment, valued at approximately US$ 379.40 million, used across power, electronics, and industrial sectors. Another significant import category is pearls, precious, and semi-precious stones, worth over US$ 337 million, supporting India’s large gems and jewellery industry. India also imports arms and ammunition and related parts (US$ 135.96 million), highlighting strong defense cooperation between the two countries. Additionally, fertilizers valued at about US$ 135.13 million and advanced chemical and technology products form an important part of imports.
Overall, Israel exports to India are largely focused on high-technology, defense, and value-added industrial products, making Israel an important strategic trade partner for India.
Top Exported Products by India to Israel: India Exports to Israel
India’s exports to Israel reflect a diverse mix of manufactured goods, chemicals, and agricultural products, highlighting India’s strength in value-added sectors. In FY 2024-25, India’s total exports to Israel stood at US$ 2.14 billion, maintaining a positive trade balance and reinforcing the bilateral trade relationship.
Gems and Jewellery sector was the most dominant sector with exports of US$ 612.60 million, and engineering goods which comprise of US$ 445.17 million that includes, machinery, transport, and industrial equipment. Also, an important part of export is electronic goods of about US$ 212.87 million, which fund and prop up Israel’s technological and industrial sectors. Other worthy mentions are export of organic and inorganic chemicals US$ 114.27 million and agricultural export of US$ 103.40 million, which showcases India’s presence in industrial and commodity markets.
What Is the Trade Between India and Israel?
Trade between India and Israel has steadily grown, reflecting strong economic and strategic ties. In FY 2024-25, total bilateral trade reached over US$ 3.7 billion, with India exporting around US$ 2.14 billion worth of goods to Israel and importing approximately US$ 1.61 billion in return.
India’s major exports to Israel include gems and jewellery, engineering goods, electronic products, chemicals, and agricultural items, while imports from Israel primarily consist of electrical machinery, precious stones, defense equipment, fertilizers, and advanced technology products.
Overall, India generally maintains a trade surplus with Israel, though recent years have shown a slight narrowing of the surplus. The trade relationship is mutually beneficial, combining India’s manufacturing and agricultural strengths with Israel’s technological and high-value exports.
India-Israel Trade Agreement & Economic Cooperation
India-Israel trade relations have strengthened over the years through ongoing economic cooperation and sectoral partnerships. While a formal India-Israel trade agreement is still under discussion, both countries actively focus on trade facilitation, investment promotion, and joint projects that enhance bilateral commerce.
Key areas of collaboration include defense and security, agriculture technology, water management, and high-tech innovation, where Israel’s expertise supports India’s industrial and agricultural growth. These initiatives have boosted trade volumes, streamlined import-export processes, and encouraged technology transfer, strengthening overall India-Israel trade.
Furthermore, India and Israel continue to explore opportunities for joint ventures, research partnerships, and knowledge exchange programs, aiming to enhance mutual growth. A robust trade agreement in the future is expected to further improve India-Israel trade relations, reduce barriers, and create a more balanced, sustainable economic partnership between the two nations.
India-Israel Trade Deficit and Trade Balance
India generally maintains a trade surplus with Israel, meaning it exports more goods than it imports. In FY 2024-25, total bilateral trade reached over US$ 3.7 billion, with India exporting US$ 2.14 billion and importing US$ 1.61 billion. This resulted in a trade surplus of approximately US$ 0.66 billion, which is smaller than in previous years, indicating a slight narrowing of the surplus.
India’s strong exports in gems and jewellery, engineering goods, electronics, chemicals, and agricultural products stay strong on exports and balance the trade with Israel’s imports of high voltage electrical machinery, precious stones, defense electronics, fertilizers, high-technology units and systems and defense products.
India-Israel trade relations and cooperation and friendly relation and trade relation balance the trade dips. Technology cooperation and future trade agreements with Israel are expected to increase trade with India in the future.
Conclusion: Israel-India Trade Relations
India–Israel trade relations continue to show long-term strength, supported by diversified exports, technology-driven imports, and strong strategic cooperation. In FY 2024-25, bilateral trade crossed US$ 3.7 billion, with India maintaining a trade surplus, despite a slight narrowing compared to previous years. India’s exports in gems and jewellery, engineering goods, chemicals, and agriculture balance Israel’s high-value exports in technology, defense, and specialized equipment.
Looking ahead, deeper economic cooperation and the possibility of a formal India-Israel trade agreement are expected to further boost India-Israel trade relations, improve market access, and create new opportunities for businesses in both countries.