Industrialization has grown rapidly since the early 1960s, despite the problems associated with the 1967 war. Major industries include the refining of petroleum, the production of cement, phosphates and hydroelectric power. Other, rapidly expanding industries, both local and foreign-owned, include food processing, textiles, pharmaceutical goods, paper, sugar and glass making.
The major grain crops are wheat and barley, but these need to be heavily supplemented by foreign imports. Some fruit crops are grown for export; these include olives, figs, almonds, grapes and apricots. Main vegetable crops are tomatoes and cucumbers. The major livestock animal is the sheep, while cattle, goats and poultry are also reared.