Trade between the United Kingdom and Israel has grown steadily over the past year, reaching a total of £6.2 billion in the four quarters to the end of June 2025, according to new figures released by the Department for Business and Trade.
The data shows a 3.7% increase (£218 million) compared to the same period a year earlier, driven by a strong rise in UK exports. Exports to Israel climbed 10.5% to £3.6 billion, while imports from Israel fell 4.6% to £2.6 billion.
As a result, the UK recorded a trade surplus of £1.0 billion with Israel — up from £573 million the previous year.
Israel ranked as the UK’s 42nd largest trading partner, accounting for 0.3% of total UK trade. It was the 41st largest destination for UK exports and the 44th largest source of imports.
Goods made up 46.9% (£1.7 billion) of UK exports to Israel, with pharmaceutical products, cars, and power generators among the top categories. Services accounted for 53.1% (£1.9 billion) of UK exports, led by business, financial and technology services.
On the import side, goods worth £1.2 billion entered the UK from Israel — including minerals, fruit, plastics and scientific instruments — while services imports totalled £1.3 billion, reflecting Israel’s growing strength in digital and IT-related sectors.
Foreign Direct Investment (FDI) between the two nations remains subdued. At the end of 2023, the UK’s outward FDI stock in Israel stood at -£6.6 billion, reflecting a £146 million decline from 2022.
Subscribe to our newsletter and stay updated on the latest news and updates from around the Muslim world!
Data on Israeli investment in the UK were not disclosed for confidentiality reasons.
Calls in the UK for an economic boycott of Israel (or for divestment and sanctions) have been relatively muted despite the mass slaughter of Palestinians.
The government, meanwhile, has actively legislated to prevent public bodies from initiating boycotts of Israel.
