In April 2014, import of goods totaled NIS 20.2 billion, export of goods totaled NIS 12.5 billion and the trade deficit in goods totaled NIS 7.7billion.
Export of goods as percent of imports (excluding ships, aircraft and diamonds) constituted 73.7% compared to 77.1% at the same period in 2013.
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) decreased by 1.3% at an annual rate, in February- April 2014 after an increase of 1.8% in November 2013- January 2014.
Export of goods (excluding ships, aircraft and diamonds) point to a drop of 12.9% at an annual rate, after an increase of 1.3% in November 2013- January 2014.
Import of Goods - in April 2014, totaled – as mentioned – NIS 20.2B. A breakdown of the data of imports by economic use indicates that in April 2014, 38% 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 33% diamonds, fuels, ships and aircraft.
Trend data of imported raw materials (excluding diamonds and fuels) point to a drop of 0.6%, in February- April 2014, at an annual rate after an increase of 2.5% in November 2013- January 2014.
A breakdown by groups of import of raw materials shows that import of Agriculture increased by 32.2% at an annual rate.
Trend data of import of consumer goods rose by 2.1% at an annual rate in February- April 2014, continuing an increase of 3.1% in November 2013- January 2014. Import of Durable goods point to a rise of 5.3%, at an annual rate, in February-April 2014. Import of non-durable goods decreased by 2.2% an annual rate of in the last three months. Most of the decrease was recorded in import of clothing and footwear category (-13.5% at an annual rate).
Trend data of import of investment goods (excluding ships and aircraft) point to a drop of 8.9%, by an annual rate, in February- April 2014 after an increase of 4.4% in November 2013-January 2014. A breakdown by groups points that import of machinery and equipment (65% of investment imports) point to a drop of 22.0%, at an annual rate, in the last three months.
Import of Vehicles for investment point an increase of 12.4% at an annual rate.
Import of diamonds (net, rough and polished) in January- April 2014 totaled NIS 9.7B. During the same months in 2013 the import of diamonds totaled NIS 10.2B.
Import of fuels (crude oil, distillates and coal) in January- April 2014 totaled NIS 16.1B a decrease of 17.9% compared to the same months of the previous year.
Export of Goods - in New Israel Shekels (NIS) totaled in April 2014 NIS 12.5B.
In April 2014, manufacturing, mining and quarrying exports (excluding working diamonds) constituted 85% of all export of goods. Export of diamonds constituted 12%, and the remaining were agriculture, forestry and fishing exports.
Trend data of manufacturing, mining and quarrying exports point to a drop of 11.6%, at an annual rate, in February - April 2014, after an increase of 2.4% in November 2013-January 2014.
Trend data of exports by high technology industries (44% of total manufacture exports) point to a drop of 5.4%, at an annual rate, in February- April 2014, continuing an increase of 15.2% in November 2013- January 2014.
Trend data of exports by medium-high technology industries (36% of total manufacture exports) point to a drop of 17.9%, at an annual rate, in February- April 2014, continuing a decrease of 2.2% in November 2013- January 2014. Breakdown by economic activity shows that export of chemicals and its products point a decrease of 26.4% at an annual rate.
Trend data of exports by medium-low technology industries (12% of total manufacture exports) point to a drop of 16.3% at an annual rate, in the last three months continuing a decrease of 27.3%, (-2.6% monthly average), in November 2013-January 2014. Breakdown by economic activity shows a drop in export of manufacture of fabricated metal products.
Trend data of exports by low technology industries (7% of total manufacture exports) increased by 6.4% at an annual rate, in February- April 2014 continuing an increase of 9.8% in November 2013-January 2014. Breakdown by economic activity shows that export of manufacture of fine Jewellery and imitation jewellery and related products rose by 37.7% at an annual rate (2.7% monthly average).
Export of diamonds (net, polished and rough), in January- April 2014, totaled NIS 12.6B NIS (NIS 13.7B in January- April 2013).
Agricultural, forestry and fishing exports in January- April 2014 totaled NIS 2.3B (original data), point to a decrease of 14.3% compared to the same period in 2013.
