In April 2016, import of goods (gross, excluding diamonds) totaled NIS15.2 billion. 44% were imports from EU countries, 24% from Asian countries, 13% from USA and 19% from Other Countries.
Export of goods (gross, excluding diamonds) totaled NIS11.3 billion and the trade deficit in goods (excluding diamonds) totaled NIS 3.9 billion. 31% were exports to EU countries, 26% to USA, 21% to Asian countries and 22% to Other countries.
Trade balance January - April 2016
The trade deficit in goods (excl. diamonds) with EU countries totaled NIS 14.0 billion against a deficit of NIS 5.7 billion in January – April 2015. The trade deficit in goods (excl. diamonds) with Asian countries totaled NIS 5.7 billion that represents an increase of 61.7% compared to January - April 2015.
The trade surplus in goods (excl. diamonds) with USA totaled NIS 4.4 billion that represents a decrease of 6.1% compared to January - April 2015. The trade deficit in goods (excl. diamonds) with Other Countries totaled NIS 545 million against a deficit of NIS 5.1 billion in January - April 2015. The main reason in the decline of the trade deficit was the fall in import prices of fuels.
Import of goods February - April 2016- The trend data calculated by the Central Bureau of Statistics, shows that import of goods (excluding ship, aircraft, diamonds and fuels) increased by 0.1% at an annual rate in February - April 2016, continuing an increase of 5.0% in November 2015 - January 2016.
Trend data by main country groups indicates that imports from EU countries rose 10.2%, at an annual rate, in February - April 2016, continuing a rise of 25.3% in November 2015 - January 2016 (1.9% monthly average). In January - April 2016 imports (excluding diamonds) from Czech Republic, Ireland and Slovenia increased significantly compared to January- April 2015.
Imports from USA decrease by 9.6% at an annual rate in February - April 2016, after decrease of 7.6% November 2015 - January 2016.
Imports from Asian Countries point to a rise of 1.5% in the last three months, continuing an increase of 6.6% in November 2015 - January 2016. In January - April 2016 imports (excluding diamonds) from Japan, Singapore and Thailand, increased significantly compared to January- April 2015.
Imports from Other Country Group point to a drop of 36.5% in the last three months (-3.7% monthly average), at an annual rate, continuing a decrease of 31.9% in November 2015 - January 2016 (-3.2% monthly average). In January - April 2016 imports (excluding diamonds) from Ethiopia, Egypt and Switzerland decreased significantly compared to January- April 2015.
Export of goods. The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, show that export of goods (excluding ships, aircraft and diamonds) decreased by 21.7% at an annual rate, in February - April 2016 (-2.0% monthly average), continuing decrease of 13.7% in November 2015 - January 2016.
Exports to EU countries decreased by 13.6%, at an annual rate, in February - April 2016, continuing decrease of 15.8% in November 2015-January 2016. In January- April 2016 exports (excluding diamonds) to Bulgaria, United Kingdom and Cyprus, decreased significantly compared to January- April 2015.
Trend data by main country groups indicates that exports to USA point a drop of 3.4%, at an annual rate February - April 2016, after an increase of 25.4% in November 2015 - January 2016 (1.9% monthly average).
Exports to Asian Countries point a drop of 32.5%, in the last three months (-3.1% monthly average), continuing a decrease of 34.6%, in November 2015 - January 2016 (-3.5% monthly average). In January - April 2016 exports (excluding diamonds) to India, Singapore, Jordan and Georgia, decreased significantly compared to January- April 2015.
Exports to Other Country Group point to a drop of 32.0% in February - April 2016 (-3.2% monthly average), continuing a decrease of 15.6% in November 2015 - January 2016. In January - April 2016 exports (excluding diamonds) to Turkey, Russian Federation and Brazil, decreased significantly compared to January- April 2015.
