India Israel Trade Relations: Efforts are underway to give a new lease of life to the relations between India and Israel. Recently, the Terms of Reference for the Free Trade Agreement (FTA) has been signed between India and Israel. Under which the issue of dialogue between the two countries has been decided. Union Commerce and Industry Minister Piyush Goyal has given this information in his announcement.
He talked about the unlimited possibilities and potential of economic engagement between the two countries. At the summit in Tel Aviv, Goyal said that India offers massive opportunities and opportunities for Israeli businesses. Goyal said this in the presence of Israeli Economy Minister Nir Barkat. Let us know about the trade relations between India and Israel……
trade between india and israel
There is a trade of about 6 billion dollars between India and Israel. It is expected that after this deal, trade between the two countries may increase. Also, business relationships will become stronger. If we talk about figures, there has been a good amount of trade between India and Israel in September 2025.
This month, India has exported goods worth 178 million dollars to Israel and imported goods worth 121 million dollars. That means, overall India has done positive trade of about 56.8 million dollars. However, if compared to the month of September last year, there is a decline in it. There is a decline of 5.19 percent in Indian exports as compared to September 2024. It has come down to 188 to 178 million dollars. There is also a decline of about 20 percent in imports.
These things are exported from India
Israel has been a major buyer of India’s precious stones, pearls, machinery, textiles, agricultural products, automotive diesel, electronics and engineering items. Now it is expected that this business deal will make it easier for Indian businessmen to access the Israeli market. Domestic producers and farmers can directly benefit from this.
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