Impact of the Israel-Palestine Conflict on Israel and Its Trade Relations with India

Meda Karuna; Jennifer Fernandes

doi:10.55524/ijirem.2025.12.2.8

Abstract

The Israeli-Palestinian conflict is one of the most enduring and consequential geopolitical disputes in modern history, deeply rooted in historical, territorial, and ideological complexities. The present study examines the impact of the Israel-Palestine conflict on Israel's economy focusing on key indicators like GDP, unemployment, and inflation from 2015 to 2024, including the war that began on October 7, 2023. It also explores the trade relationship between India and Israel by analysing monthly export and import data from October 2023 to October 2024. Using secondary data from reliable sources such as the World Bank, IMF, and India's Ministry of Commerce and Industry, the research presents the findings through graphical representations. The results reveal that the conflict has significantly disrupted Israel’s economy and trade with India, causing delays and reduced trade volumes. Additionally, the study shows that the war has also affected India’s economy, illustrating how events in one region can impact global trade and economic stability. This research provides a clear understanding of the economic consequences of geopolitical conflicts and their influence on bilateral trade.

Keywords

Economic impact, GDP, Geopolitical conflict, Inflation & Unemployment.

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Cites this article as

M. Karuna, J. Fernandes, "Impact of the Israel-Palestine Conflict on Israel and Its Trade Relations with India", International Journal of Innovative Research in Engineering & Management (IJIREM), Vol-12, Issue-2, Page No-46-52, 2025. Available from: https://doi.org/10.55524/ijirem.2025.12.2.8

Corresponding Author

Meda Karuna

MA Scholar, MA Economics, Jain (Deemed - to - be University) , karempudi, India

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