Exports to Turkey up 42% in 2011

Israeli exports to Turkey in 2011 totaled US$1.85 billion, 42% more than in 2010
31.01.12 / 00:00
Exports to Turkey up 42% in 2011
31.01.12
Exports to Turkey up 42% in 2011

Israeli exports to Turkey in 2011 totaled US$1.85 billion, 42% more than in 2010.
 
Israeli exports to Turkey totaled US$132.1 million in December 2011, 51% more than in the corresponding month in 2010.
 
Israeli imports from Turkey registered an increase of 20.6% from 2010 to US$2.1 billion in 2011, resulting in a trade deficit of US$321 million.
 
The UK, the Netherlands, and Germany are Israel's top exports destinations in the EU. Exports to the UK rose 53% to US$10 billion. Exports to China tripled in 2010-11 to 6% of total exports in 2011 from 2% in 2009, reaching US$237 million last year.
Israeli exports to Egypt and Jordan rose 26% in 2011.
 
According to figures released last week by the Export Institute, China and India were Israel’s two fastest-growing export destinations over the last five years.
 
Exports to China, excluding diamonds, rose 162% between 2007 to 2011, while exports to India increased 99%. Exports to the United Kingdom and Turkey, two other fast-growing trade partners, rose 90% and 58%, respectively, in the same period.