NJ-Israel Commission Announces Increase in State’s Trade with Israel
New Data Shows Annual New Jersey-Israel Trade Valued at $1.33B and Economic Stability Despite a Turbulent Year On May 4, 2021
Following Israel’s 73rd Independence Day, the New Jersey-Israel Commission announced that the trade relationship between the Garden State and Israel is stronger than ever. Despite a challenging global economic situation, New Jersey’s trade relationship with the State of Israel continues to flourish and create opportunity for New Jerseyans across a broad array of industries supporting the State’s innovation economy.
Data from the New Jersey Economic Development Authority (NJEDA) and the New Jersey Business Action Center Office of Export Promotion show that New Jersey – Israel trade notably increased from 2019 to 2020 to record levels while the State maintained its strong position as a national leader attracting Israeli investments.