CHINA - Israel’s Largest Import Partner

Arno Froese

China became Israel’s largest source of imports in 2021, surpassing the United States, according to data released by Israel’s National Bureau of Statistics.

Last year, Israel imported $10.7 billion in goods from China, compared with $7.7 billion in 2020, a nearly 40% increase.

The new data comes shortly after Israel vowed to keep the Biden administration in the loop on any major trade deals with China, in an effort to avoid further tensions. According to a Haaretz report, the United States has not made explicit demands, but Israeli officials have begun discussing the state’s policy toward China.

Both the Biden and the Trump administrations have expressed concerns about the warming relationship between Israel and China as the latter’s ties with Europe and the United States have soured.

-www.jpost.com, 25 January 2022

Arno's Commentary

China has the largest population in the world, with almost 1.4 billion people. 

Religiously, about 52% of China’s population is listed as “unaffiliated,” with 22% for folk religions, 18.3% Buddhist, 5.2% Christian, and 2% Muslim. Life expectancy is now 77 years. They are the world’s fastest growing major economy, yet their GDP individually is way below the Western rate, at just $16,400 USD per capita (2020).

Increased imports from China to Israel is not surprising. The new Haifa Bayport Terminal, built at the cost of $1.7 billion, has a 25-year contract under state-owned Shanghai International Port Group. This Chinese-operated port will doubtless bring much-needed improvement to the country’s standing as a regional trade hub. Another new port on the Mediterranean coast is to be opened in Ashdod and operated by the Swiss-based Terminal Investment Limited. 

Here the words apply, “racing toward globalism,” and there is no way out. The whole world is now more or less a giant, interconnected factory, manufacturing and selling merchandise from one continent to another, from one country to another.

For investors, this seems to be only the beginning. The world is well on its way to being even more united, despite some hurdles to be overcome such as the Russia-Ukraine crisis to name one. As we learn from recent history, negotiation and compromise will have the last word, with manufacturers and merchandisers having the upper hand.

This corresponds to Revelation 18, where we read of the nations of the world bemoaning the loss of their merchandise.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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