Export Institute: 10% more exports in 2007 compared to 2006

Israel Export and International Cooperation Institute chairman David Arzi predicted a further 10% rise in 2008 to US$77 billion
 
The Israel Export and International Cooperation Institute predicted last week that exports of goods in 2007will total US$70 billion, 10% more than in 2006.
 
Israel Export and International Cooperation Institute chairman David Arzi predicted a further 10% rise in 2008 to US$77 billion.
 
Arzi noted that in 2007 the Israel Export and International Cooperation Institute opened up 10,000 business opportunities, valued at US$ 300 – US$ 400 million, to the Israeli export community. In 2008 the number will rise to 15,000 business opportunities and continue to rise in 2009 to 18,000, 2010 to 21,000 and 25,000 in 2011. These business opportunities will accumulate to total export of over US$ 2 billion.
 
Arzi called upon the export community to increase exports to China, India, Japan, Brazil, Russia, South Korea, Mexico and Vietnam. These countries imported last year goods valued at US$ 2.8 trillion.
 
The Export Institute estimates the market size in Japan for Israeli potential goods at $245 billion; the market in China at $230 billion; South Korea at $105 billion; Mexico at $104 billion; Brazil at $88 billion; and Russia at $63 billion.