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IsraelThe most environmentally efficient country in the world
By Joey ZimmermanAnd Sean Devlieger
Israel Economic System
• Market Economy, Very technologically advance
• Most of the countries in Europe
Economic Cycle
• Prosperity
• Vast range of Industries, 5.5% unemployment, growth in inflation, small trade deficit, relatively low amount of debt
• Multiple wars, military has to always be on alert, bombings
• Disrupt infrastructure, Causes the government to put more money into rebuilding rather than expanding what they already have
Economic Measurements
• Inflation: 4.6%, unemployment: 6.1%, GDP(sectors) agriculture: 2.6%, Industry: 32.4%, Services: 65% Debt: $86.08 billion, Import: $64 billion, Export $57 billion
• On going conflicts with other middle eastern countries
International Trade
• Exports: $57 billion a year: machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel
• Partners in Exports: US 32.5%, Belgium 7.5%, Hong Kong 6.7% (2008)
• Imports: $64 billion per year: raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods
• Partners in Imports: US 12.3%, Belgium 6.5%, China 6.5%, Switzerland 6.1%, Germany 6% (2008)
International Trade
• No trading issues...
Marketing Strategy
• Majority of the current market in Israel deals with technology and medical supplies.
• We will produce diagnostic machinery and other medical items
• Exported to countries like the U.S. Belgium and Hong Kong as well as being sold to hospitals throughout Israel
Recommendation
• Israel is a target because they have the 24th largest economy in the world.
• They have the highest standard of living in the middle east.
• Constant victim of terrorist bombings, and threats.