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Boycott hurts Israeli exports as solidarity with Gaza bites

A growing number of Israeli companies are being hurt badly by boycotts as the response to the Gaza war outrages strengthens the boycott, divestment and sanctions (BSD) solidarity movement.

From the Guardian
Israeli companies are feeling the impact of boycott moves in Europe, according to surveys, amid growing concern within the Israeli business sector over organised campaigns following the recent attack on Gaza.

Last week, the Israel Manufacturers Association reported that 21% of 90 local exporters who were questioned had felt a drop in demand due to boycotts, mostly from the UK and Scandinavian countries. Last month, a report from the Israel Export Institute reported that 10% of 400 polled exporters received order cancellation notices this year, because of Israel's assault on Gaza...

...In February, another article in the Marker, titled "Now heads are lowered as we wait for the storm to blow over", reported that Israelis with major business interests in Turkey hoped to remain anonymous to avoid arousing the attention of pro-boycott groups.

The paper said that, while trade difficulties with Turkey during the Gaza assault received more media attention, Britain was in reality of greater concern. more



We need to hit the hi-tech sector hard.

The bulk of Israeli export is in components, especially hi-tech products such as Intel chips and flashcards for mobile phones. It is thought that the consumer goods targeted by boycott campaigns represent around 3% to 5% of the Israeli export economy.

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