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Sunday . 11 January . 2026
Breaking Update

2024 Saw Large Increase in Automobile Imports Despite War

2024 saw a large increase in automobile imports to Israel, reaching the second highest annual figure in history. Find out more about the reasons behind this

Gil Tanenbaum Breaking News

Jerusalem, 7 August, 2025 (TPS-IL) — A total of 336,400 vehicles were imported to Israel in 2024, an increase of 14.4% compared to 2023. Of these, 325,900 were passenger vehicles. This is the second highest annual figure in the country’s history, after 2016.

The figures come from the first part of the periodic review of the automotive industry for 2024 by Israel’s Tax Authority that it published on Thursday.

The review shows that 2024 was a year of very high activity in the automotive industry, despite being a year of warm, said the Authority.

“The background to the increased imports in 2024 is a certain recovery experienced by the market from the effects of the war, alongside importers’ adaptation to transportation difficulties following Houthi attacks, and importers’ desire to advance imports before the tax increases that took effect in 2025,” said the Authority. “As a result of this import advance, a third of the annual imports of 2024 arrived in December alone, with a particularly high proportion of electric vehicles.”

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Gil Tanenbaum
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