In 2014, trade between Japan and Israel rose by 9.3% to $1.75 billion and there has been a recent surge in Japanese investments in Israel in a variety of hi-tech fields. (Writer Ohad Cohen heads Israel’s foreign commercial service, with 40 trade offices operating in more than 50 countries.)
http://blogs.timesofisrael.com/the-rise-of-japanese-israeli-economic-relations/