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Israel Tariff Rate

Israel's tariff rate fell to 3.16% in 2022, down from 3.23% in 2021, according to World Bank. This represents a decrease of 0.07% from the previous year. Israel has tariff rate lower than the global median (3.16% vs median 5.90%). Compared with the median in Asia, Israel is lower (3.16% vs regional median 5.36%) and ranks 35th out of 45 countries in Asia.

Yearly Historical Data (1993-2022)

(in %)
Year Tariff Rate (%)
2022 3.16%
2021 3.23%
2017 1.89%
2016 3.84%
2015 4.03%
2014 1.78%
2013 1.77%
2012 1.89%
2011 4.95%
2009 5.86%
2008 2.69%
2007 2.45%
2006 4.91%
2005 2.66%
2004 2.56%
2003 6.09%
2002 6.22%
2001 6.43%
2000 8.8%
1999 12.27%
1993 7.48%
Israel Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Israel on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $60.26B $58.9B 2024
Annual Imports $91.85B $91.88B 2024
Balance of Trade -$3.5B -$4.2B Aug'25
Exports $4.4B $5.1B Aug'25
Exports (% GDP) 28.43% 30.41% 2024
FDI Inflows (% GDP) 3.11% 3.15% 2024
Imports $7.9B $9.3B Aug'25
Imports (% GDP) 26.02% 27.58% 2024
Net Trade (Goods & Services, BoP) $12.81B $14.21B 2024
Trade (% GDP) 54.45% 57.99% 2024