Imports of goods to Israel in October totaled NIS23/7 billion

Exports of goods during the month totaled NIS13.7 billion
 
Data released last week by the Central Bureau of Statistics (CBS) show that in October 2012, import of goods (gross, excluding diamonds) totaled NIS23.7 billion. 32% were imports from EU countries, 20% from USA, 18% from Asian countries and 30% from other countries.
 
Exports of goods (gross, excluding diamonds) totaled NIS13.7 billion and the trade deficit (excluding diamonds) totaled NIS10.1 billion. 37% were exports to EU countries, 21% to USA, 20% to Asian countries and 22% to other countries. The trade deficit (excluding diamonds) in January-October 2012 totaled NIS 67.7 billion compared to NIS 47.7 billion in January -October 2011. The trade deficit with EU countries totaled NIS 28.4 billion, the trade deficit with Asian countries totaled NIS12.4 billion and the trade deficit with other country group totaled NIS32.4 billion. The trade with U.S.A recorded a surplus of NIS5.4 billion.
 
Import of goods August- October 2012 - the trend data calculated by the CBS, seasonally adjusted and adjusted for irregular elements, in imports of goods (excluding ship, aircraft, diamonds and fuels) rise 3.1% at an annual rate, during August-October 2012 continuing an increase of 6.9% in May-July 2012.
 
Trend data by main country groups indicates that imports from EU countries rise 6.1%, at an annual rate, during August - October 2012, continuing a rise of 4.3% during May- July 2012. In January-October 2012 imports (excl. diamonds) from United Kingdom, Czech Republic, Cyprus and Malta grew significantly compared to the same period in 2011. Imports from USA rise 43.5% at an annual rate (monthly average of 3.0%) in August-October, continuing a rise of 47.3% at an annual rate (monthly average of 3.3%) in May-July. Imports from other countries rise 18.1% during the last three months, at an annual rate, after a decrease of 3.3% during May-July 2012. During January-October 2012 imports (excl. diamonds) from Panama Ukraine and Uruguay increased significantly compared to the same period in 2011.
 
Imports from Asian Countries drop 7.3% continuing a decrease of 8.1% in May-July 2012. During January-October 2012 imports from Japan drop significantly compared to the same period in 2011.
 
Exports of goods - trend data by main country groups indicates that export of goods (excluding ships, aircraft and diamonds) rise 2.2% at an annual rate, during August-October 2012 continuing an increase of 10.7% in May-July 2012.
 
Exports to EU countries rise 12.4%, at an annual rate, during August-October 2012, after a decrease of 20.2% (1.9% monthly average) during May-July 2012. Exports (excl. diamonds) to Netherlands, United Kingdom and Spain increased significantly in January–October 2012 compared to the same period in 2011.
 
Exports to other countries increased 14.8% during August - October 2012 after a decrease of 4.4% in May-July 2012. During January-October 2012 exports to Kenya, Brazil and Ukraine rose significantly compared to the same period in 2011.
 
Exports to USA drop 9.8%, at an annual rate, during August - October 2012 after an increase of 34.4% (2.5% monthly average), during May- July 2012. Exports to Asian Countries group point a drop of 5.3%, during the last three months after an increase of 17.2%, in May- July 2012. During January-October 2012 exports to Azerbaijan, Uzbekistan Armenia and Jordan drop significantly compared to the same period in 2011.