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Israel

Israel has a technologically advanced market economy. It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. Cut diamonds, high-technology equipment, and agricultural products (fruits and vegetables) are the leading exports. Israel usually posts sizable trade deficits, which are covered by large transfer payments from abroad and by foreign loans. Roughly half of the government's external debt is owed to the US, its major source of economic and military aid...  More..

Economy of Israel
SOURCE: CIA - The World Factbook
Currency Shekel
GDP (PPP) $206.8 billion (2009 est.)
GDP (per capita) $28,400 (2009 est.)
Exports $44.35 billion (2009 est.)
Imports $47.4 billion (2009 est.)
Main Industries High-technology Projects (Including Aviation, Communications, Computer-aided Design and Manufactures, Medical Electronics, Fiber Optics), Wood and Paper Products, Potash and Phosphates, Food, Beverages, and Tobacco, Caustic Soda, Cement, Construction, Metals Products, Chemical Products, Plastics, Diamond Cutting, Textiles, Footwear
Exports - Commodities Machinery and Equipment, Software, Cut Diamonds, Agricultural Products, Chemicals, Textiles and Apparel
Imports - Commodities Raw Materials, Military Equipment, Investment Goods, Rough Diamonds, Fuels, Grain, Consumer Goods
Exports Partners US 32.5%, Belgium 7.5%, Hong Kong 6.7% (2008)
Imports Partners US 12.3%, Belgium 6.5%, China 6.5%, Switzerland 6.1%, Germany 6% (2008)

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