Israeli Exports Reach Almost $150 Billion in 2024 Despite Ongoing War and Vicious Anti-Israel Propaganda Onslaught
By The Geller Report
Despite Israel 7 front war with Iran and it’s proxies, and the vicious propaganda onslaught against Israel from the Left, 2024 was another banner year for Israel’s economy. Israel reached $150 billion in exports, 10 percent of which came from Israel’s tech sector. In 2024, Israel also reach $15 billion in weapons exports to countries across 5 continents, making Israel the eight largest weapons exporter in the world.
So far in 2025, Israel’s tech sector continues to surge. Israel’s AI and cybersecurity sectors are growing dramatically. And just recently the worlds most dominant AI chip maker Nvidia announced it is building a huge campus in Northern Israel. Israel’s exports are expected to reach $200 billion in the next 5 years. And Israel’s stock market is going to Pluto. F**k the Left.
Israeli exports reach almost $150 billion in 2024 despite ongoing war
By Israel News, July 27th, 2025Israel, an export-oriented economy, successfully exported goods and services worth nearly $150 billion in 2024, according to the Israel Export Institute. This accounts for approximately 30% of the country’s total Gross Domestic Product (GDP), which stands at around $500 billion. The strong export performance came despite the ongoing war with Iran and its regional terrorist proxies. Moreover, the 2024 export figures were only one percent lower than those of 2023 and still contributed one percent to Israel’s overall economic growth.
“When rockets are flying and the world questions Israel’s stability, we keep doing what we do best: connecting Israel to the world,” Israel Export Institute chairman Avi Balashnikov stated. “Every crisis brings opportunity, and our exporters prove the Israeli spirit every day,” the chairman added with characteristic Israeli resilience and optimism.
Following the Hamas massacre on Oct. 7, 2023, the Israeli economy contracted 20% in the subsequent quarter, as the attack had a profound negative impact on the country’s economic activity.
The Israeli economy has faced multiple challenges during the past 22 months of war. International credit agencies like S&P Global downgraded Israel’s credit rating due to concerns that the volatile security situation would have an increasingly negative impact on the Israeli economy.
Furthermore, the Bank of Israel Governor Amir Yaron estimated in June 2024 that the Gaza War would likely cost the Israeli economy some $67 billion in military and civilian expenses during the period 2023 to 2025.
However, the Israeli economy quickly showed signs of recovery with an annualized growth rate of 3.8% during the third quarter of 2024. The Israeli recovery in late 2024 was particularly impressive as it coincided with growing military confrontations on several fronts, including against Hezbollah in Lebanon and the Iranian regime.
AUTHOR
Geller Report Staff
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