Report Highlights: Israel is a sophisticated, industrialized, free market economy with a diversified manufacturing sector. Though Israel did experience some economic slowdown due to the global economic crisis, GDP growth rates since that time continue to increase and unemployment rates continue to sink. Recently, there has been public pressure to help decrease the cost of living in Israel, which is forcing the government to look to expand trade, especially in the food and agriculture sectors. Israel is party to a free trade agreement with the US, though tariff rate quotas still apply on certain goods.
|Exporter Guide_Tel Aviv_Israel_12-19-2016.pdf||1.01 MB|