Israel has a historically liberal and dynamic approach to global trade. With a zealous approach to growth, the country emphasizes its goal of progress through focused innovation and liberal multilateral relationships.
Although popular import destination, there are hurdles to overcome when shipping into Israel. Geopolitical tensions, intricate trade restrictions, global competition, and the high cost of living are a few of these hurdles.
Some of the specific trade restrictions include restrictions on second-hand goods, which may only be imported under specific parameters. Restrictions apply to the import and export of all second-hand and refurbished dual-use goods, regardless of their country of origin. The goods must be declared to customs authorities upon entry into Israel and may be subject to inspection and compliance parameters. Additional regulatory requirements may also be imposed. Israel also prohibits the import of goods from select countries of origin.
There are several trade embargoes and sanctions imposed on Israel. Such as the Arab League Boycott of Israel and the United Nations Security Council Resolution 2334. The European Union has also imposed a number of sanctions on Israel, including a restriction on the transfer of dual-use goods.
However, Israel also has trade agreements with over 60 countries, including the United States, the European Union, and the EFTA countries.