In September 2013, import of goods totaled NIS 19.1 billion, export of goods totaled NIS 14.9 billion and the trade deficit of goods totaled NIS 4.2 billion.
January-September 2013
Export of goods as percent of imports (excluding ships, aircraft and diamonds) constituted 73.9% compared to 69.8% at the same period in 2012.
January-September trade deficit in goods totaled NIS 40.7 billion (NIS 54.2 billion at annual rate, NIS 70.4 billion in 2012).
The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, in import of goods (excluding ship, aircraft, diamonds and fuels) increased by 11.4% at an annual rate, in July-September 2013 continuing an increase of 4.2% in March-June 2013.
Export of goods (excluding ships, aircraft and diamonds) fall by 17.4% at an annual rate, after a decrease of 18.4% in April -June 2013.
Import of Goods
Import of goods, in September in New Israel Shekels (NIS), totaled – as mentioned – NIS 19.1B.
A breakdown of the data of import by economic uses indicates that in September 2013, 36% of total imports were import of raw materials (excluding diamonds and fuels); 16% were consumer goods; 13% were machinery, equipment and land vehicles for investment; and 35% diamonds, fuels, ships and aircraft.
Trend data of imported raw materials (excluding diamonds and fuels) point to a drop of 4.3%, in July-September 2013, at an annual rate continuing a drop of 6.0% in April-June 2013. A breakdown by groups of import of raw materials shows that import of wood and its products decreased by 25.3% at an annual rate, import of chemicals dropped by 19.8% in an annual rate and imports of steel and iron point to a drop of 13.3% in an annual rate.
Trend data of import of consumer goods rose by 5.3% at an annual rate in July-September 2013, continuing an increase of 8.2% in April -June 2013.
Imports of non-durable goods rose by an annual rate of 9.6% in the last three months. Most of the increase was recorded in import of clothing and footwear category (14.6% at an annual rate).
Import of durable goods point to a drop of 1.7%, at an annual rate, in July-September 2013.
Trend data of import of investment goods (excluding ships and aircraft) rose 52.8%, by an annual rate, in July-September 2013 continuing an increase of 31.0% in April -June 2013.
A breakdown by groups points that import of machinery and equipment (60% of investment imports) rose 49.7%, at an annual rate, in the last three months (3.4% monthly average).
Imports of vehicles for investment point to a rise of 25.5%, at an annual rate, in the same period.
Import of diamonds (net, rough and polished) in January-September 2013 totaled NIS 21.4B. During the same months in 2012 the import of diamonds totaled NIS 21.5B.
Import of fuels (crude oil, distillates and coal) in January-September 2013 totaled NIS 41.0B a decrease of 14.9% compared to the same months of the previous year.
Export of Goods
Export of goods in New Israel Shekels (NIS) totaled in September 2013 – as mentioned – NIS 14.9B.
In September 2013, manufacturing exports (excluding diamonds) constituted 80% of all export of goods. Export of diamonds constituted 19%, and the remaining 1% was agricultural exports.
Trend data of manufacturing, mining and quarrying exports fall by 18.0%, at an annual rate, in July-September 2013, continuing a decrease of 19.0% in April -June 2013.
Trend data of exports by high technology industries (42% of total manufacture exports) decreased 11.9%, at an annual rate, in July-September 2013, continuing a decrease of 30.7% in April -June 2013 (-3.0% monthly average).
Trend data of exports by medium-high technology industries (38% of total manufacture exports) point to a drop of 32.6%, at an annual rate (3.2% monthly average), in July-September 2013, after an decrease of 11.0% in April -June.
Breakdown by economic activity shows that export of chemicals and its products dropped by 34.6%% at an annual rate.
Trend data of exports by medium-low technology industries (13% of total manufacture exports) point to a drop of 2.3%, at an annual rate, in the last three months continuing a decrease of 11.5% in April -June 2013. Breakdown by economic activity shows that exports of rubber and plastic products fall 12.5% in the same period.
Trend data of exports by low technology industries (7% of total manufacture exports) decrease by 3.4% at an annual rate, in July-September 2013 continuing a decrease of 10.8% in April -June 2013. Breakdown by economic activity shows that exports of food, beverages and tobacco products drop by 27.1% at an annual rate.
Export of diamonds (net, polished and rough), in January-September 2013, totaled NIS 25.6B (NIS 24.7B in January-September 2012).
