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: 9.364 million (2021)
GDP: 488.5 billion USD (2021)
Corporate Tax Rate: 23%
Personal Income Tax Rate: 10% - 47%
Major Exports: Diamonds ($9.06B), Integrated Circuits ($5.09B), Refined Petroleum ($2.73B), Medical Instruments ($2.36B), and Other Measuring Instruments ($2.32B), exporting mostly to United States ($17B), China ($5.04B), Palestine ($4.16B), India ($2.82B), and Germany ($2.22B).
Major Imports: Diamonds ($6.73B), Cars ($5.1B), Broadcasting Equipment ($2.54B), Integrated Circuits ($2.08B), and Refined Petroleum ($1.88B), importing mostly from China ($13.2B), United States ($10.5B), Turkey ($6.31B), Germany ($6.28B), and Switzerland ($4.32B).
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
