[ April 27, 2024 ]
Despite attacks against Israel reaching unprecedented levels in 2021, Israeli exports shattered records this year. This number would have been even higher if Israel’s tourism industry was at full strength. Israel’s tech sector is an economic iron dome against the BDS Movement. #BDSDefeat!
- Israeli M&As reach $17 billion in 2021, jumping 70%
- Israeli startups raise record $25.4 billion in first 11 months of 2021
- Israeli tech M&As and IPOs reach record $82.4 billion in 2021
- Israel’s economy beats out world average, grows 7% in 2021
Look at these tremendous numbers.
Israeli high-tech sector is stronger than ever and sets new records in 2021, as startups raise $25.4B since January, 33 companies reach unicorn status & investors flock to Israel.#Israel is a world-class source of solutions to global challenges. pic.twitter.com/B58Flz17l3— Yonatan Gonen (@GonenYonatan) December 18, 2021
BDS Defeat: Israel’s exports to reach record $140b in 2021
Story continues below advertisementBy I-24 News, December 27, 2021
Israel’s exports are expected to hit a record-high $140 billion by the end of 2021 – up 18 percent from last year – with the high-tech sector leading the way, Israel’s Economy and Industry Ministry said Monday.
The ministry noted that its projections were based on data from the first three quarters of the year.
It continued that for the first time, service exports – 51 percent of total exports – exceeded exports of goods.
Furthermore, exports from the sale of start-up companies spiked 257 percent, which helped push service exports up 30 percent.
Thanks to high-tech, Israel exports projected to reach record $140 billion in 2021.
Exports resulting from the sale of start-up companies jumped 257%, helping to push service exports up 30%.https://t.co/PxxGod11Ik
— CTech (@Calcalistech) December 27, 2021
Roughly 39 percent of exports went to European markets, 33 percent to American markets, and 25 percent to Asia.
Pointing to exports of $117.5b in 2019, the Foreign Trade Administration’s head Ohad Cohen said, “This is not a correction after the corona year but a clear significant growth in Israeli exports,” Reuters reported.
“This growth comes despite the fact that the tourism sector has not returned to full strength in the last year and although the corona challenges in the target markets have continued and even increased recently,” he added.
The projection comes days after Israel marked a 70 percent increase in the total value of mergers and acquisitions in 2021, reported by PricewaterhouseCooper.
#Report: Israeli M&As reach $17 billion in 2021, jumping 70%
While the overall value increased, the average value of each acquisition dropped by 18%@PwC_Israel | @PwC https://t.co/bRlYvtDiZw
— CTech (@Calcalistech) December 23, 2021
An overall 238 deals were recorded, which is the highest total in the past decade and almost doubling the number of transactions in 2020.
Forty-four of the deals were in the technological sector and 12 were in the field of services and consumer products.
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