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Import Policy

Import Policy

The Ministry of Economy implements the new import policy, determined in Government Resolution 2318, by the Ministry’s Commissioner of Import.

The Chief Economist’s report of December 2016 indicates that in comparison to OECD countries, the Israeli market has a low degree of exposure to import. As of 2014, Israel is 106 out of 140 global economies in the exposure to import index (out of the Global Financial Forum).

Comparing scope of import in relation to economy, import in Israel is at 20%, compared to the OECD average of 27%. Moreover, comparing the scope of import out of the consumption basket, import is about 10% of the Israeli household’s consumption basket, compared to 19%. 

This policy is guided by the view that free trade increases competition and improves the allocation of resources in the market. Therefore the policy’s purpose is to significantly simplify import processes, and to decrease import costs specifically and cost of living in general. 

Contacting the Import Commissioner

The Commissioner of Import in the Ministry of Economy and Industry – Mr. Anwar Hilaf. The Commissioner cooperates with all government ministries in charge of the competent import authorities.

More articles on the subject ...

Blog
עורך ראשי

How trade works today

When we think about international trade, we traditionally think about a person or company producing all elements of a product in their home country and

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Blog
עורך ראשי

The Israeli Economy An Overview

This is Israel Territory22,072 km² (ranked 154th) Official LanguageHebrew (Arabic as a recognized language with a special status) CurrencyIsraeli Shekel (1USD- 3.47 ILS*) CapitalJerusalem Geography Located

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