Country Profile

Situated on the western asia, israel is home to around 7,112,359 people. The nation has successfully achieved more than 95% literacy rate in both male and section groups. It has earned $185.9 billion GDP with a 5.3% GDP real growth rate. It has recorded its industrial production growth rate near to 4.1%. The nation has 53 airports with 30 paved runways and 23 unpaved runways. The country has 853 km long railway. The country is endowed with natural resources like copper ore, natural gas, phosphate rock, magnesium bromide etc. with 273 km coastline.

Snapshot

Economic Overview

• Technologically market oriented economy.
• It has emerged as one of the most important tourist hub.
• Leading software developer country.
• It is world's one of the major exporter of military equipments.
• Agriculture industry is meeting nearly 75% domestic requirements.
• Israel's diamond industry is one of the world's important center of diamond cutting and its polishing.

International Trade
Major Export Items
Machinery and Equipment, Software, Cut Diamonds, Agricultural Products, Chemicals, Textiles and Apparel, Military Equipment

Main Destinations of Exports
US, Belgium , Hong Kong

Major Import Items
Raw Materials, Military Equipment, Investment Goods, Rough Diamonds, Fuels, Grain, Consumer Goods

Main Origins of Imports
US, Belgium, Germany, Switzerland, UK, China

Contacts of Trade Ministries/ Associations

Business Visa Rules

• Application form duly completed along with passport with minimum 18 months validity.
• 3 passport size photographs with a copy of return ticket.
• The applicant must be foreign resident and should be on a visit for a pre limited period.
• The applicant should not receive any salary from any source within the isreal itself except in case of daily expenditure like meal, fare etc.
• The applicant should possess letter written on the company's letterhead. It should clearly mention the purpose of visit and should detail down about the source of expenditure i.e, who will bear all the expenditure incurred. The letter should be signed by an authorized person.

Business Hours
Offices: Sunday to Thursday from 08:00 - 19:00
Stores: Sunday to Thursday from 08:00 - 19:00 and 08:00 - 14:00 on Friday

Public Holidays