CBS: industrial exports in past decade up 93%

The Central Bureau of Statistics (CBS) reported last week that Industrial exports, excluding diamonds, was up 93% in the past 10 years, from $12.3 billion in 1995 to $23.7 billion in 2004
01.08.05 / 00:00

The Central Bureau of Statistics (CBS) reported last week that Industrial exports, excluding diamonds, was up 93% in the past 10 years, from $12.3 billion in 1995 to $23.7 billion in 2004.
 
The CBS noted that the proportion of industrial exports that was contributed by the high-tech sectors rose from 37% to 53% in 2000, but due to the palestinian intifada and the global high-tech, crisis fell to 46% in 2003 and 2004.
 
The CBS added that exports of the monitoring equipment sector rose by 30.5% over the past decade and pharmaceutical sector exports rose by 33.8%.
 
According to the CBS the Israeli high-tech sectors had, in 2004, an aggregate trade surplus of $3.8 billion, while industry as a whole had an aggregate $8 billion trade deficit, compared with deficits of $6.2 billion in 2003, $6.8 billion in 2002, and $7 billion in 2001.