Artzi: Industrial exports to U.S. in Q1 up 9%

Israel Export Institute Chairman David Artzi issued a statement last week indicating that Industrial exports (excluding diamonds) from Israel to the United States rose by 9% in the first three quarter of 2006, totaling approximately USD 1.9 billion
01.05.06 / 00:00
rubber and plastic down. Artzi
01.05.06
rubber and plastic down. Artzi
•

Israel Export Institute Chairman David Artzi issued a statement last week indicating that Industrial exports (excluding diamonds) from Israel to the United States rose by 9% in the first three quarter of 2006, totaling approximately USD 1.9 billion
 
In a detailed report Artzi noted that during the first quarter the high-tech sector experienced a rise in export to the USA by 19% compared to the parallel period in 2005, amounting to approximately USD 1 billion.
 
Artzi also noted that the exports of basic metal exports as well as metal products increased by 16%, amounting to USD 117.5 million.
 
Artzi also pointed out that the exports of rubber and plastic products was down by 7%, amounting to USD 101.5 million.
 
The exports of food and beverages downed by 14%, amounting to USD 31 million.
 
A drop of 10% was also registered in the exports of chemicals and oil refining, amounting to USD 148 million and 15% was noted in the exports of textile, clothing and leather, amounting to USD 127 million.

More articles that may interest you
In the first quarter of 2006, industrial exports (not including diamonds) to the United States increased by 9% for a total of $1.9 billion
Export Institute: During the first Quarter of 2006,
Israel is ranked by “The Economist” at 23 on its list of business-friendly economies with a relatively high score of 7.8 points out of a possible 10
The Economist: Israeli economy is more accessible and open
Bank of Israel Governor Professor Stanley Fischer granted last week the French BNP Paribas Bank a license to open a branch in Israel
BNP Paribas Bank granted license to open Israeli branch
Manufacturers Association of Israel (MAI) reported last week that kosher for Pessah wine exports, between December 2005 and March 2006, fell 9% to $7 million compared to last year
Manufacturers Association: kosher for Pessah wine exports fell 9%
The monetary department at the Bank of Israel reported last week that Direct and indirect foreign investment rose sharply in March to $1.19 billion, 4.8 times more than in February
Bank of Israel: sharp rise in foreign investment in March.
Ehud Olmert, Prime Minister elect and Minister of Industry, Trade and Labor signed last week a new import order, easing many restrictions on local importers
Prime Minister Olmert signed new import order
More news from Industry & Trade Section
>David Artzi: The Export Institute’s high-tech delegation had a successful visit in Italy/24.04.06 >Exports in Q1 down by annualized 4.3%, imports unchanged/24.04.06 >Rate of economic growth in Israel during 2006-2007 to reach 4.2%/24.04.06 >Israel will Celebrates its 58th Independence on May 3rd/24.04.06 >40 Israeli exporters participate in 3 leading exhibitions in April/10.04.06 >Israel's Polished Diamond Exports Rose 6.4% in March 2006/10.04.06 >Israeli banks sever ties with Palestinian Authority/10.04.06 >March 2005 - Israeli imports flat/10.04.06 >FICC against shoe manufacturers: call for dumping levy on footwear imports/10.04.06 >Olmert: OECD should accept Israel as a full member/10.04.06