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.

Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.

Cotton imports are forecast to grow by six percent to 7.6 million bales in marketing year (MY) 2025/26 based on expected growth in the textile and yarn sector.

On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.

The Vietnamese food processing industry grew by 7.4 percent in 2024 to $79.3 billion and food ingredient demand is expected to remain strong.

Vietnam’s soybean crushers are expanding capacity with new production lines coming online in the 2024/25 and 2025/26 marketing years.

Israel will continue to rely on imported feed and grains as it uses land and water resources for more cash crops. Due to poor weather conditions, Post forecasts Israel’s marketing year 2025/26 wheat production down (due to poor weather conditions) and imports up as production was limited.

On February 18, 2025, Vietnam's National Assembly approved a major government restructuring, consolidating ministries and agencies, eliminating certain National Assembly and Party committees, and dissolving multiple state-run organizations to streamline operations and support economic growth.

On March 27, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on changes to European Union Directive 1999/2/EC related to reporting requirements in food and food ingredients treated with ionizing radiation.

On February 27, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on changes to European Union regulation No 1169/2011 related to the provision of food information for consumers.

On February 26, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on changes to five European Union regulations related to labeling (including messages and prohibited and restricted substances in food) and food improvement agents.

On February 5, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on the domestic application of changes to the Annex to European Union Directive 396/2005, amending the regulation for the maximum residue levels (MRLs) for pesticides in food and feed of plant and animal origin.