Official data from Israel's Ministry of Economy and Industry shows that total exports in 2025 reached $169 billion, a new all-time high. Total exports: $169B – a 10% increase year-over-year. Prior record: 2022's peak of just over $166B was surpassed. Forecast vs. actual: The initial government projection for 2025 was around $165 billion. The final figure came in $4B higher. Tech and software led the charge. High-tech, software, and R&D were the primary growth engines. R&D exports accelerated in the second half of the year, offsetting weakness in traditional goods like chemicals and pharmaceuticals. Export destinations shifted significantly. Exports to Europe declined due to logistical and political challenges, while exports to Asia surged. Notable increases were recorded in Vietnam, the Philippines, Thailand, and Japan. Exports to India rose 7%, and exports to Serbia jumped ~33%. Defence exports were a standout performer. The defence sector alone set a separate record of $19.2B in 2025 – a 30% increase year-over-year and the fifth consecutive year of record-breaking sales. The Ministry of Economy has set a long-term strategic target of reaching $1T in exports within two decades.