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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.
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.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service – based economy, but food processing is one of its top industries.
Post anticipates that Algeria’s wheat and barley production will remain stable in the 2025/26 season. Post forecasts Algeria’s wheat imports at above 9 million metric tons (MMT) in the current and next season.
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.
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.
On January 14, 2025, the Panamanian Food Agency (APA) and the Ministry of Health of Panama confirmed that the dairy plants registration process has been significantly expedited, resolving a trade barrier created on July 17, 2023.
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.
Post maintains Algeria's cereal planted area and production forecast and estimates. For the coming 2025/26 crop season, satellite images highlight dryness concerns similar to the conditions experienced in recent years.