Refined petroleum products exports from Israel: data, top buyers and prices
Israel exported $1.90 billion of refined petroleum products in 2024 (2.65 million tonnes). That is 23% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $3.46 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.90B | 2.65M t |
| 2023 | $2.48B | 3.27M t |
| 2022 | $3.46B | 3.64M t |
| 2021 | $2.21B | 3.67M t |
| 2020 | $1.25B | 3.15M t |
| 2019 | $1.87B | 3.73M t |
| 2018 | $2.59B | 4.75M t |
| 2017 | $1.84B | 4.54M t |
Where Israel exports refined petroleum products to
Most of it went to Cyprus (29%), Ukraine (14%), Turkey (13%). Among the main buyer markets, Malta grew fastest (+780% on the year before).
| Destination | Value | Share |
|---|---|---|
| Cyprus | $555.9M | 29% |
| Ukraine | $266.8M | 14% |
| Turkey | $252.4M | 13% |
| United States | $195.3M | 10% |
| Greece | $137.4M | 7.2% |
| Romania | $93.6M | 4.9% |
| Italy | $70.9M | 3.7% |
| Slovenia | $51.5M | 2.7% |
| Spain | $44.7M | 2.4% |
| Malta | $39.6M | 2.1% |
Average export price per kg
The average declared value was about $0.72 per kg, close to the world average of $0.74.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined petroleum products imports to Israel
In 2024, Israel imported refined petroleum products worth $1.11 billion (720.4 thousand tonnes). The largest suppliers were United Arab Emirates (35%), Singapore (25%), Bahrain (9%). Among the main suppliers, United Arab Emirates grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $391.2M | 35% |
| Singapore | $272.8M | 25% |
| Bahrain | $99.7M | 9% |
| India | $89.8M | 8.1% |
| United States | $45.0M | 4.1% |
| Switzerland | $42.1M | 3.8% |
| Italy | $35.4M | 3.2% |
| Greece | $34.7M | 3.1% |
| Belgium | $24.8M | 2.2% |
| Germany | $15.7M | 1.4% |
Who is behind these numbers in Israel?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Common questions
What is the value of refined petroleum products exported by Israel?
Israel exported refined petroleum products worth $1.90 billion in 2024, the latest year with complete public data, about 2.65 million tonnes. That ranks it 48th of 215 countries worldwide, with 0% of world exports. The value was down 23% on 2023.
Which countries buy refined petroleum products from Israel?
Cyprus was the largest buyer with 29% of the value ($555.9 million), followed by Ukraine (14%) and Turkey (13%). The top three together account for 57%, out of 73 buyer countries in total. Malta grew fastest among the top ten, up 780% on the year.
What is the average export price of refined petroleum products per kg?
The average declared export value was about $0.72 per kg in 2024, close to the world average of $0.74 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have exports of refined petroleum products from Israel changed since 2017?
Exports went from $1.84 billion in 2017 to $1.90 billion in 2024, an increase of 3%. The peak was 2022 at $3.46 billion. Monthly and weekly movements since then are in EximDataX.
Does Israel also import refined petroleum products?
Yes. Israel imported $1.11 billion worth of this product in 2024, mainly from the United Arab Emirates, Singapore and Bahrain. On balance Israel is a net exporter of this product, by about $790.3 million a year.
What is the HS code for refined petroleum products?
The HS code for refined petroleum products is heading 2710. In Israel all of this trade was declared under the six-digit code 2710.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2710 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Israel trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
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