Israel’s trade with the new members rose by 11% ( $41 million) to $425 million in January-April 2005.
A survey carried out by the Federation of Israeli Chambers of Commerce economics division, based on figures published by the Central Bureau of Statistics (CBS) indicate that one year after ten new countries - Slovakia, Hungary, Poland, Estonia, Latvia, Lithuania, Malta, Slovenia, the Czech Republic, and Cyprus joined the EU in May 2004, Israel’s trade with the new members rose by 11% ( $41 million) to $425 million in January-April 2005.
-
The survey shows that:
In comparison with the four months period January-April 2004, imports from the 10 new EU members were up $10 million to $149 million, a 7% rise. -
Exports to the 10 new members was up $31 million to $276 million, a 13% increase.
-
Imports from Slovakia was up 182%, grew $6.2 million to $9.6 million.
-
Exports to Cyprus were up 18%, grew $20 million to $127 million.
-
Israel’s trade with these countries consists of chemicals plastics, machinery, and rubber.
