The Israeli Economy An Overview
This is Israel
- Territory
22,072 km² (ranked 154th) - Official Language
Hebrew (Arabic as a recognized language with a special status) - Currency
Israeli Shekel (1USD- 3.47 ILS*) - Capital
Jerusalem - Geography
Located in the Middle East , on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea.
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Making trade work for all
In the wake of uncertainty and tensions in the trading system today, alongside heightened public concerns about globalisation, open trade is under threat.
Where do my things come from? How trade works today
When we think about international trade, we traditionally think about a person or company producing all elements of a product in their home country and
Why open markets matter
People trade and governments open markets because it is in their interest to do so. Trade and market openness has historically gone hand-in-hand with better
Market analysis tools
A key challenge for exporters is the scarcity of reliable trade information on markets.
Payment of taxes on personal imports
Value Added Tax (VAT), purchase tax and customs duties apply to some instances of personal import of products to Israel.
Tips for going about a personal import in the right way
Verify with the overseas supplier that it specifies the real value of the goods on the invoice