Al-Aqsa flood plunges Israeli technology sector exports by 8%. Israel's exports from the technology sector declined in the last quarter of 2023 under the pressure of the war on the Gaza Strip.
Technology sector exports represented 48.3% of total Israeli exports in 2022, amounting to $71 billion. Average salaries in the sector exceeded 29,000 shekels ($8,000) last November, while they jumped approximately 10% over the past year. The sector employs about 195,000 people, representing 10.4% of the total Israeli workers.