Promoting Israel’s Trade GloballyAn Overview of the Israeli EconomyAri RokniDirector of Business & Trade DevelopmentDecemb...
Welcome to Israel
Israel’s Competitive Edge1st in the world for flexibility and adaptability1st in the world for scientific research1st in t...
Israel’s Main Economic Indicators          Criteria          2006      2007      2008        2009       2010        2011GD...
Israel’s International Trade - 2011   Export of Goods 91.9 Billion $                                                      ...
Israel’s Free Trade AgreementsExisting:                                          UnderEU                                  ...
Main Trading ItemsIsraeli Exports                          Israeli Imports
Key Industries
Global Center for R&DCompany                  No. of Employees   SectorIntel                    5,400              Semicon...
Multinationals in Israel    • Microsoft built its first R&D facility outside the US      in Israel    • Veolia partnered t...
Economic IncentivesOffice of the Chief Scientist (OCS)•   Global Enterprise R&D Cooperation Framework     – Joint R&D proj...
Matchmaking & Access to the Israeli Industry•   America-Israel Chamber of Commerce (Chicago)•   Federation of Israeli Cham...
Thank You
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Israeli consulate

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Information on doing business in Italy, presented at International Trade Fair on 12/7/12

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  • Division of the Ministry of Industry, Trade and Labor Office in Chicago covers 14 states in the Midwest Works actively on promoting bilateral trade between Israel and the USA, focusing on Israeli exports that will mutually benefit both countries Provides individualized services to Israeli exporters Promotes joint Research & Development projects Attracts Foreign Direct Investment in Israel Manages Israeli national pavilions at major trade events Focal point for Information on Israeli Industry
  • Israeli consulate

    1. 1. Promoting Israel’s Trade GloballyAn Overview of the Israeli EconomyAri RokniDirector of Business & Trade DevelopmentDecember 7, 2012
    2. 2. Welcome to Israel
    3. 3. Israel’s Competitive Edge1st in the world for flexibility and adaptability1st in the world for scientific research1st in the world for entrepreneurship1st in the world for information technology skills1st in the world for expenditure on R&D (as % of GDP)2nd in the world for innovative capacity2nd in the world for venture capital4th in the world in utility patents per million population
    4. 4. Israel’s Main Economic Indicators Criteria 2006 2007 2008 2009 2010 2011GDP (current prices in 144.0B$ 164.1B$ 191.8B$ 193.1B$ 204.6B$ 214.2B$$B)*GDP Real Growth Rate 5.2% 5.4% 4.0% 0.7% 4.8% 4.7%(%)GDP per Capita (PPP)** 24,271$ 26,226$ 27,355$ 27,054$ 29,602$ $31,005**GDP per Capita GrowthRate 3.3% 3.5% 2.1% -1.1% 2.9% 2.8%(%, Current prices)Exports 62.6B$ 71.2B$ 80.4B$ 67.9B$ 87.7B$ 91.9B$(Goods & Services)(As %of (43.5%) (43.4%) (40.3%) (30%) (42.9%) (42.9%)GDP)Imports 62.2B$ 73.5B$ 84.3B$ 63.1B$ 82.3B$(Goods & Services)(As %of 91.0B$ (43.2%) (45.1%) (42.2%) (29%) (40.2%)GDP)Unemployment Rate 8.4% 7.3% 6.1% 7.4% 6.6% 5.7% Source: Investment Promotion Center **Estimated
    5. 5. Israel’s International Trade - 2011 Export of Goods 91.9 Billion $ Imports of Goods 91.0 Billion $(Using a public exchange rate of 1USD=3.6NIS (2011 average*
    6. 6. Israel’s Free Trade AgreementsExisting: UnderEU Examination:USA IndiaEFTA South KoreaTurkey ChileMexico UkraineCanadaMERCOSUR63% of Israel’s 6% of Israel’s Trade in Trade in 2009 2009
    7. 7. Main Trading ItemsIsraeli Exports Israeli Imports
    8. 8. Key Industries
    9. 9. Global Center for R&DCompany No. of Employees SectorIntel 5,400 Semiconductors)HP- (Indigo & Mercury 5,000 Capital EquipIBM 1,100 Computing EquipCisco 1,000 SoftwareMotorola 1,000 TelecomApplied Materials 1,000 .Capital EquipSAP 800 SoftwareFreescale 570 SemiconductorsMicrosoft 600 SoftwareSamsung 100 Semiconductors
    10. 10. Multinationals in Israel • Microsoft built its first R&D facility outside the US in Israel • Veolia partnered to operate one of the largest RO Desalination plant in the world. • Cisco built its first R&D facility outside the US in Israel • Motorola’s Israel facility is the company’s largest development center worldwide. • IBM chose Israel for its first VC investment outside of the US • Intel has 4 R&D facilities and 2 manufacturing centers in Israel, employing 7,000 Israelis • Google opened 2 R&D centers in Israel
    11. 11. Economic IncentivesOffice of the Chief Scientist (OCS)• Global Enterprise R&D Cooperation Framework – Joint R&D projects between MNCs and Israeli companies, authorized by the OCS, could be entitled to financial assistance with the Israeli company’s R&D approved costs.• BIRD Foundation (Israel-US Binational Industrial Research and Development) – Offers conditional grants for joint development projects on a risk-sharing basis. BIRD funds up to 50% of each companys R&D expenses associated with the joint project.• Technology Incubator Program – Up to 85% of early stage project costs• Investment – Offers tax benefits for 10 years and investment grants to foreign companies
    12. 12. Matchmaking & Access to the Israeli Industry• America-Israel Chamber of Commerce (Chicago)• Federation of Israeli Chambers of Commerce (Israel)• Israel-America Chamber of Commerce (Israel)• Israel Export & International Cooperation Institute (Israel)• Government of Israel Economic Mission to the Midwest
    13. 13. Thank You

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