Israel is a technologically advanced free market economy that exports cut diamonds, high-technology equipment, and pharmaceuticals. In 2021, Israel was the number 50 in total exports and the number 44 in total imports. The top exports of Israel are diamonds, integrated circuits, refined petroleum, medical instruments, and other measuring instruments, exporting mostly to the United States, China, Palestine, India, and Germany. The top imports of Israel are diamonds, cars, broadcasting equipment, integrated circuits, and refined petroleum, importing mostly from China, the United States, Turkey, Germany, and Switzerland. Israels main goods imports consist of raw materials, crude oil, production inputs, and finished consumer goods. In 2021, the United States was Israels largest trading partner, and Israel was the United States 26th-largest trading partner. The top commodity sectors for U.S. exports to Israel in 2021 were machinery and mechanical appliances, stone, glass, metals, and pearls, and chemicals, plastics, rubber, and leather products. The top commodity sectors for U.S. imports from Israel in 2021 were stone, glass, metals, and pearls, machinery and mechanical appliances, and chemicals, plastics, rubber, and leather products.