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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.

Sri Lanka’s economic situation is improving and key agricultural inputs like fertilizers and agrochemicals are available in the market although they remain expensive. Rice production is expected to continue on a recovery path. Rice imports are...

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 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.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Trans Fat) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Color Coding for Sugar Levels-Liquids) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation date of Food (Labeling and Advertising) Regulations (2022) from January 1, 2025 to July 1, 2025, except Regulations 13 (16), 13 (17), 13 (18), and 14.

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.

On January 29, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments for the application of changes to the Annex of European Union Directive 2023/915.

Recent amendments to the Israeli Law for Enhancement of Competition in the Food Sector (2014) highlight the efforts of the Israeli government to lower the cost of living.