Exports in January-August 2006, excluding diamonds, totaled $19.9 billion. Imports from the US were up by an annualized 18%, imports from the EU were up by 15%
The Central Bureau of Statistics (CBS ) reported last week that the second Lebanon war had only a minor effect on Israeli exports. According to data released last week, related to the period June-August 2006, exports, excluding diamonds, rose by an annualized 13%.
In the three months period June-August 2006 exports to the US were up by an annualized 42%, exports to the EU were up by an annualized 16.8%, and exports to Asia were up 22%, however, exports to the rest of the world were down 14%.
Exports in January-August 2006, excluding diamonds, totaled $19.9 billion. Main export markets were as follows: export to the EU - 34%; US -31%; Asia - 15%; the rest of the world - 20%.
Imports according to the CBS were not much affected by the war. Imports in June-August, excluding diamonds and fuel, were up by an annualized 17%.
Imports from the US were up by an annualized 18%, imports from the EU were up by 15%, imports from Asia were up 5%, and imports from the rest of the world were up 4%.
Imports in January-August 2006, excluding diamonds, totaled $25.9 billion. Main import countries were as follows: from the EU - 37%; Asia - 19%; US - 13%; and the rest of the world - 31%.
As far as trade surplus, the CBS noted that in January-August 2006 Israel had a balance of trade surplus with the US of $2.7 billion, however Israel had trade deficits of $2.8 billion with the EU, $1.9 billion with Asia, and $2.9 billion with the rest of the world.
CBS: Exports to US in June-August up annualized 42%
Exports in January-August 2006, excluding diamonds, totaled $19.9 billion. Imports from the US were up by an annualized 18%, imports from the EU were up by 15%
25.09.06 / 00:00
•
More articles that may interest you
Karni crossing will give priority to agriculture produce
GeoCartographia: Fedex- fastest and most professional courier service operator
DHL Israel moved to new office in Airport City, near TLV airport
CBS: Imports in August up sharply
High ranking Egyptian QIZ delegation to visit Israel this week
New container operating record at the new "Eitan" port facility, north of Ashdod port
More news from Industry & Trade Section
>2006/7 - Citrus exports expected to grow 15%/18.09.06
>FICC: Trade and services product up NIS 16.7 billion in January – July 2006/18.09.06
>New in Israel: Merkavim developed a business class bus/11.09.06
>Pharmaceuticals: exports increased by 60% in first half of 2006/11.09.06
>Trade talks with Mercosur member countries postponed/11.09.06
>2007 budget: Ministry of Finance proposes the removal of import barriers/11.09.06
>Industrial export to Latin American countries in 1H – US$ 600M/11.09.06
>South Korea leads Israel's exports in July/11.09.06
>Manufacturers Association: In H1 food imports grew three times faster than exports/04.09.06
>Export Institute sees 9% growth in exports to EU this year/04.09.06