{"id":140245,"date":"2026-06-01T11:30:19","date_gmt":"2026-06-01T11:30:19","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/140245\/"},"modified":"2026-06-01T11:30:19","modified_gmt":"2026-06-01T11:30:19","slug":"high-tech-sector-accounts-for-58-of-israels-exports-even-with-strong-shekel","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/140245\/","title":{"rendered":"High-tech sector accounts for 58% of Israel&#8217;s exports, even with strong shekel"},"content":{"rendered":"<p><a href=\"https:\/\/www.jpost.com\/consumerism\/article-897604\" rel=\"nofollow noopener\" target=\"_blank\">Israeli high-tech companies<\/a> accounted for 58% of Israel\u2019s total exports in 2025, according to the annual report on the state of high tech published on Sunday by the Israel Innovation Authority.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">The trend is driven mainly by the sector&#8217;s dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.<\/p>\n<p>And the report also reflects the severity of <a href=\"https:\/\/www.jpost.com\/business-and-innovation\/banking-and-finance\/article-897481\" rel=\"nofollow noopener\" target=\"_blank\">Israel\u2019s currency situation<\/a>, with the shekel&#8217;s growing strength being one of the reasons the sector might face a tougher year, with some companies anticipating possible cuts.<\/p>\n<p>The report also highlighted that, even if service exports remain Israel\u2019s main high-tech commodity, <a href=\"https:\/\/www.jpost.com\/business-and-innovation\/tech-and-start-ups\/article-897923\" rel=\"nofollow noopener\" target=\"_blank\">hardware exports<\/a> grew the most over the last year, with output increasing by NIS 16 billion.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">In percentage points, this represented growth of 20,7% for manufacturers of computers, electronics, and optical equipment, and 12,5% for manufacturers of aircraft, spacecraft, and related equipment.<\/p>\n<p><img alt=\"Change in output of high-tech segments by economic sector in 20205.\" loading=\"lazy\" width=\"822\" height=\"829\" decoding=\"async\" data-nimg=\"1\" style=\"color:transparent\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/06\/723658.jpeg\"\/>Change in output of high-tech segments by economic sector in 20205. (credit: ISRAEL INNOVATION AUTHORITY)<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">Additionally, high-tech companies accounted for 50% of the economy\u2019s growth in 2025, with total output in the sector growing 8.2%, from NIS 324 billion in 2024 to NIS 352 billion over the last year.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">This also reflects growing trends in the high-tech sector\u2019s influence on Israel\u2019s total Gross Domestic Product (GDP), with the sector accounting for 18,3% of GDP (17.7% higher than in 2024).<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">The report also revealed that 2025 was a record year in terms of total funds raised by start-ups, with $84 billion raised throughout the year &#8211; a 256% increase in comparison with 2024\u2019s report -.<\/p>\n<p>Artificial intelligence impacts R&amp;D, high-tech job market<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">The report also warned of the impact of artificial intelligence on the high-tech job market, noting that the research and development (R&amp;D) sector suffered its first decline in an Innovation Authority report.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">In total, there was a decline of 3,500 employees in R&amp;D positions, while the main gain was reported among employees in product roles, with 15,000 more positions registered in 2025.<\/p>\n<p>This aligns with some of the industry&#8217;s latest developments, such as <a href=\"https:\/\/www.jpost.com\/business-and-innovation\/tech-and-start-ups\/article-897657\" rel=\"nofollow noopener\" target=\"_blank\">Wix&#8217;s decision to cut 20% of its employees<\/a>, citing \u201dAI restructuring.\u201d<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">According to CEO Avishai Abrahami, the company is now introducing new positions, such as &#8220;Xengineer and Creators,&#8221; whose roles were &#8220;designed from the ground up around AI-native ways of working.&#8221; But these new positions require a &#8220;faster-moving structure&#8221; than what Wix has been using.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">&#8220;We are moving to a structure with fewer levels between any member of our leadership and the most junior person on the team. Fewer layers means faster decisions, clearer ownership, and less distance between the people setting direction and the people building the product &#8211; but it also means a smaller number of people,&#8221; Abrahami explained.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">Abrahami also said that the main reason for the layoffs was the dollar-shekel situation, with the company having shekel-dominated costs and dollar-denominated revenue, making it impossible to keep its current operations running without cutting some of its Israeli operations.<\/p>\n<p class=\"article-paragraph-section article-body-paragraph\">&#8220;This creates a structural pressure on our ability to operate at our current scale. It is a reality that directly shapes what is sustainable for our company,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"Israeli high-tech companies accounted for 58% of Israel\u2019s total exports in 2025, according to the annual report on&hellip;\n","protected":false},"author":2,"featured_media":140246,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[33],"tags":[1405,19332,2870,147,14871,11741,37,10823,17111],"class_list":["post-140245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-israel","tag-artificial-intelligence","tag-artificial-intelligence-impact","tag-dollar","tag-economy","tag-economy-of-israel","tag-high-tech","tag-israel","tag-jobs-in-israel","tag-shekel"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116674627011835390","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/140245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=140245"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/140245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/140246"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=140245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=140245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=140245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}