Israel
On this page you will find beneficial information regarding foreign direct investment in / trading with Israel. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 9.551 million (2022)
GDP: 525 billion USD (2022)
Corporate Tax Rate: 23%
Personal Income Tax Rate: 10% - 50%
Major Exports: The top exports of Israel are Diamonds ($10.5B), Integrated Circuits ($7.83B), Refined Petroleum ($4.08B), Medical Instruments ($2.51B), and Potassic Fertilizers ($2.31B), exporting mostly to United States ($20.3B), China ($5.53B), Palestine ($4.6B), Ireland ($3.86B), and United Kingdom ($3.18B).
Major Imports: The top imports of Israel are Diamonds ($7.3B), Cars ($6.67B), Crude Petroleum ($3.73B), Refined Petroleum ($3.7B), and Broadcasting Equipment ($2.56B), importing mostly from China ($14.4B), United States ($11.6B), Turkey ($7B), Germany ($6.46B), and India ($4.86B).
National Chamber of Commerce: Federation of Israeli Chambers of Commerce
Website: https://www.chamber.org.il/
Customs Agency: Israel Tax Authority
Website: https://taxes.gov.il/English/Pages/HomePage.aspx
