Browse Data and Analysis

In 2024, Israel's technologically advanced, market-oriented economy achieved an annual GDP of $541.8 billion, with a modest growth of 0.9 percent. The food retail industry saw significant activity, with sales reaching $21 billion in 2024 and a projected growth of 5 percent in 2025.

With over 2,500 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2022, Israeli food processors' annual revenue stood at $23.19 billion.

Israel is a net importer of all major categories of food products. The Israeli food retail sector was estimated to be $20.7 billion in 2023, and during the same year, Israel imported around $4.96 million of consumer-oriented products.

In 2023, Honduras’s consumer-oriented imports from the United States reached $553 million, making it the second-largest importer in Central America, after Guatemala.

The total value of US agricultural exports in 2023 was USD 1.3 billion, down 4 percent from the previous year. Bulk products fell USD 53 million, while intermediate products rose USD 23 million. The main staple foods are white corn (maize), beans, and rice, with corn being consumed more than wheat or any other grain.

Honduras is the twenty-seventh most important export destination for consumer goods from the United States. Honduras' imports for fiscal year 2022 was $522.6 million, ranking second only to Guatemala in Central America and sixth in the Americas.

Israel is a net importer of all major categories of food products. The United States is the top leading supplier of imported consumer-oriented agricultural products to Israel with a total of $444 million in 2022. The Israel food retail sector was estimated at around $13 billion in 2022.

Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.

With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2021, Israeli food processors' annual revenue stood at $21.23 billion while the beverage and tobacco industry's annual revenue was $2.67 billion.

Israel's reform to decentralize the control on toiletries and food will impact the import of processed food products.

Israel's chief rabbi affirms cultivated steak is kosher, which means it is permitted for consumption by Jews under religious law. This ruling opens the door for companies producing cultivated meat directly from laboratory grown cells to receive a kosher certification.

In June 2022, Israel authorized the import of U.S. processed meat products, thus making the United States the first and only country with market access for processed meat products in Israel.