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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 $384 million in 2020. The Israel food retail sector was estimated at $12.8 billion in 2021.
COVID-19 shook the Israeli economy. As a result, Israel’s GDP contracted by 2.6 percent in 2020. Though thanks to a very high rate of inoculation and the reopening of the economy since mid-February, Israel’s GDP is projected to grow by 6.3 percent in...