Israel

Israel's economy is market-oriented, technologically advanced, with significant state participation. Israel is considered one of the most developed countries in the Middle East in terms of economic and industrial development.

The structure of industrial production is dominated by high-tech products, as well as goods made of paper and wood, potash and phosphates, light industry, beverages, tobacco, caustic soda, cement, construction, metal goods, chemicals, plastic, diamond processing, textiles, shoes.

As of December 31, 2019, the installed capacity of power plants of the national electric power system is 18,923 MW. Gross electricity production in 2019 — 72,504 million kWh

Agriculture is developed in Israel, the structure of which is dominated by animal husbandry. Most of the production is concentrated in the private sector, while the share of Kibbutzim is gradually decreasing. The most important branches of agriculture are the production of citrus fruits, vegetables, cotton, beef, poultry, dairy farming.
The total area of crops is 440 thousand hectares, of which 255 thousand are irrigated.

Israel's own agricultural sector provides 95% of food products, while a large number of products are exported. Some grains and oilseeds, meat, coffee, cocoa and sugar are imported into the country. At the same time, 3.5% of the country's working population is employed in agriculture.

Israel has a developed IT industry and its population is considered one of the most technologically literate in the world.

Israel exports diamonds, machinery and equipment, fruits and canned goods, fabrics and clothing, mineral fertilizers and other chemical products. One of the largest items of income of Israel is the export of weapons and defense equipment. Israel is one of the world's largest suppliers in this field.

Tourism, especially pilgrimage, is also an important source of income for Israel.