October 18, 2010

Israelis in Busy Two Week Showcase at SIAL and Kosherfest as Exports Soar

Paris…Israel’s increasingly dynamic food industry is busy this week with an impressive display at SIAL, one of the world’s largest food trade shows, which say observers has a huge presence of kosher from all over the world. It’s "Taste Israel – a World of Flavors” includes a mix of some of Israel’s largest food producers and smaller manufacturers who are producing quality gourmet and health foods. Many of the exhibitors will then head to New Jersey for the annual Kosherfest (October 26-27) where Israel has one of the largest pavilions. Said one Israeli manufacturer: “Kosherfest is our natural home since it targets the large kosher market in the US, but we have a lot to offer the international food community as well.” Israel's food exports totaled nearly $400 million for the first half of 2010, an increase of about 8% over the corresponding period in 2009. The European Union was the largest consumer of Israeli food products for the first half of the year, accounting for about 46% of the country's total food exports. Food exports to non-EU European nations totaled $41 million; lower than in the first half of 2009.Food exports to North Africa were at $78 million, approximately 22% of all food exports and an increase of 16% over last year. First half exports of food products to Asia, meanwhile, dropped roughly 7% from the corresponding period of 2009, and stood at some $50 million. Approximately 10% of Israel's total food exports went to Africa, while some $5.8 million of food products was exported to Central and South America.