Exports to Asia in September-October 2008, down 19%

Exports to Europe fell 11%, and exports to the US fell by 5%. The Export Institute predicts that imports from the US will fall by 14% in 2009
 
The Israel Export and International Cooperation Institute (IEICI) reported last week that Israeli exports, excluding diamonds, to Asia fell by 19% in September-October 2008. Exports to Europe fell 11%, and exports to the US fell by 5%.
 
The IEICI also predicted that exports to the US, which account for a third of Israeli exports, will fall by 0.4% in 2009, after rising by 1.4% in 2008.
 
It predicts that exports to the EU, which accounts for 30% of Israeli exports, will fall by 0.3% next year, after rising by 1.3% this year.
 
The Export Institute predicts that imports from the US will fall by 14% in 2009, after rising by 10% in 2008.
 
The Israel Export & International Cooperation Institute is the primary organization facilitating trade ties, joint ventures and strategic alliances between overseas businesses and Israeli companies.
 
Mandated to promote Israel’s industrial capabilities through export in all its forms, it provides comprehensive, professional trade information, advice, contacts and promotional activities to Israeli companies, and complementary services to businesspeople,commercial and trade groups, and trade delegations from abroad.