In October 2014, import of goods (gross, excluding diamonds) totaled NIS 18.3 billion. 36% were imports from EU countries, 21% - from Asian countries, 11% - from USA and 32% - from Other Countries.
In October 2014, export of goods (gross, excluding diamonds) totaled NIS 14.2 billion and the trade deficit in goods (excluding diamonds) totaled NIS 4.1 billion. 31% were exports to EU countries, 23% - to Asian countries, 23% - to USA, and 23% - to other countries
Trade Balance January-October 2014
The trade deficit in goods (excl. diamonds) with EU countries totaled NIS 17.7 billion (-9.7% compared to January-October 2013). The trade deficit in goods (excl. diamonds) with Asian countries totaled NIS 11.8 billion (11.3% compared to January- October 2013).
The trade surplus in goods (excl. diamonds) with USA totaled NIS 7.8 billion compared with NIS 8.9 billion in the same period of the previous year (-12.3% compared to January-October 2013).
Import of Goods August-October 2014
Trend data by main country groups indicates that imports from EU countries increased by 0.9%, at an annual rate, in August-October 2014, after a decrease of 8.6% in May-July 2014. In January-October 2014 imports (excluding diamonds) from Belgium, UK and Slovakia increased significantly.
Imports of goods from USA decreased by 6.1%, at an annual rate, in August-October 2014, continuing an decrease of 0.5% in May-July 2014.
Imports from Asian Countries decreased by 3.9% in the last three months at an annual rate, after an increase of 6.3% in May-July 2014 at an annual rate. In January-October 2014 imports (excluding diamonds) from South Korea, Philippines and Malaysia decreased significantly.
Imports from Other Countries increased by 6.5% in the last three months, at an annual rate, after a decrease of 5.0% in May-July 2014. In January-October 2014 imports (excluding diamonds) from Australia, Turkey and Switzerland increased significantly.
Export of Goods August-October 2014
Exports to EU countries decreased by 2.2%, at an annual rate in August-October 2014, continuing a decrease of 18.0% in May-July 2014. In January-October 2014 exports (excluding diamonds) to Spain, Ireland, and Malta decreased significantly.
Exports to USA increased by 25.8%, at an annual rate in August-October 2014 (1.9% monthly average), continuing an increase of 21.0% in May-July 2014 (1.6% monthly average).
Exports to Asian Countries increased by 34.0%, at an annual rate in the last three months (2.5% monthly average), continuing an increase of 0.2% in May-July 2014. In January-October 2014 exports (excluding diamonds) to China, Azerbaijan and Georgia increased significantly.
Exports to Other Countries increased by 5.0%, at an annual rate in August-October 2014, after a decrease of 5.1% in May-July 2014. In January-October 2014 exports (excluding diamonds) to Turkey, Ghana and Colombia increased significantly.
