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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.
For marketing year (MY) 2025/26, Post forecasts a slight increase in cotton imports due to increasing demand in the ready-made garments industry.
For marketing year (MY) 2025/26, Post forecasts lower rice imports than in MY 2024/25, assuming higher production based on favorable weather. Demand for wheat continues to increase and Post forecasts slightly higher imports for MY 2025/26 to align with demand.
On March 11, 2025, the General Department of Customs and Excise of Cambodia announced the import ban on frozen pork offal would end on March 12, 2025. Cambodia placed a temporary ban on several types of Frozen offal in March 2024, the ban on all other affected products was lifted in September 2024.
The installation of Bangladesh’s Interim Government in August 2024, has led to a renewed focus on macroeconomic stability, which will enable increased exports to the market as restrictions on Letters of Credit ease as foreign currency reserves stabilize.
Cambodia’s imports of soybean meal (SBM) and dried distillers grains (DDGs) in 2024 increased 6 percent year-on-year to 173 thousand metric tons (TMT), equivalent to 9 percent of Cambodia’s actual feed production.
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.