Overseas Trade: Israel

(asked on 1st February 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment she has made of trends in the level of trade in services between the UK and Israel in the past ten years.


Answered by
Ranil Jayawardena Portrait
Ranil Jayawardena
This question was answered on 10th February 2022

The United Kingdom is strongly committed to our trade and investment relationship with Israel, one of the Middle East’s most dynamic and innovative economies. In 2020, our services trade totalled £1.7 billion, which is an increase of 84.5% since 2010. Financial services and professional business services were our largest exports to Israel in 2020.

On 1st February, the Department for International Trade launched a public consultation on a new free trade deal that will play to British and Israeli strengths as fellow tech superpowers, boosting our strong trade relationship in digital, services and life sciences.

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