Import of investment goods (excluding ships and aircraft) in July 2011 totaled NIS 3.7B. In May-July 2011, import of investment goods rose by an annual rate of 0.9%
In July 2011, import of goods totaled NIS 22.7 billion, export of goods totaled NIS 16.9 billion and the trade deficit totaled NIS 5.7 billion.
The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a drop in export of goods (excluding diamonds) of 9.9% at an annual rate, during May-July 2011. Import of goods slowdown at an annual rate, during May-July 2011, point to a rise of 0.7% compared to a rise of 19.4% in February-April.
Import of Goods- Import of goods, in current prices in New Israel Shekels (NIS), totaled – as mentioned – NIS 22.7B.
A breakdown of the data of import by use indicates that in July 2011, 35% of total imports were import of raw materials (excluding diamonds and fuels); 16% was machinery, equipment and land vehicles for investment; 13% was consumer goods; and the rest diamonds, fuels, ships and aircraft.
Import of raw materials (excluding diamonds and fuels) in July 2011 totaled NIS 7.9B. Trend data reveals that in May-July 2011, import of raw materials remains stable at an annual rate compared to an increase of 19.4% in February-April.
A breakdown by groups of import of raw materials in the last three months, points to a rise of 22.4% in the import of inputs for paper industry.
Import of investment goods (excluding ships and aircraft) in July 2011 totaled NIS 3.7B. In May-July 2011, import of investment goods rose by an annual rate of 0.9%. A breakdown by groups points that import of machinery and equipment (75% of investment imports) point to a rise of 13.0% in the last three months.
Import of consumer goods in July 2011 totaled NIS 3.0B. Trend data indicates that in the last three months, import of consumer goods point to a rise, by an annual rate, of 5.5%. Import of non-durable goods rose, by an annual rate of 20.4% during the last three months. Most of the rise was recorded in import of clothing and footwear. Import of durable goods, point to a drop of 10.6% by an annual rate.
Import of diamonds (rough and polished) in January-July 2011 totaled NIS 22.6B. During the same months in 2010 the import of diamonds totaled NIS16.3B.
Import of fuels (crude oil, distillates and coal) in January-July 2011 totaled NIS 27.5B a rise of 18.9% comparing to the same months of the previous year.
Export of Goods: In July 2011, manufacturing exports (excluding diamonds) constituted 78% of all export of goods. Export of diamonds constituted 21%, and the remaining 1% was agricultural exports.
Distribution of manufacturing exports by technological intensity (excluding diamonds), indicates that exports of high technology industries (48% of total manufacture exports) totaled NIS 6.3B in July 2011. Trend data of exports by high technology industries points to a drop of 11.4%, at an annual rate, in May-July 2011. Breakdown by economic activity points to a drop of 41.2% in exports of electronic components.
Exports of medium-high technology industries (30% of total manufacture exports) totaled NIS 4.0B in July 2011. Trend data of exports by medium-high technology industries point to a rise of 4.7%, at an annual rate, in May-July 2011.
Exports by medium-low technology industries (17% of total manufacture exports) totaled NIS 2.1B in July 2011. Trend data of exports by medium-low technology industries point to a drop of 16.5%, at an annual rate, in the last three months. Breakdown by economic activity points to a drop of 13.0% in exports of mining and quarrying products.
Exports by low technology industries (5% of total manufacture exports) totaled NIS 0.7B in July 2011. Trend data of exports by low technology industries point to a drop of 2.6% at an annual rate, in May-July 2011 after a rise of 2.2% in February-April. Breakdown by economic activity points to a drop of 4.5% in exports of textile, clothing and leather products.
Export of diamonds (polished and rough), in January-July 2011, totaled NIS 26.0B (NIS 20.2B in January-July 2010).
Agricultural exports in January-July 2011 totaled NIS 3.2B (temporary data) compared to NIS 3.4B during the same period in 2010. Exports of cotton and other field crops point to a drop of 6.5%.
