Israel’s foreign trade in goods in January totaled NIS19.5billion

Export of goods (excluding diamonds) totaled NIS13.8 billion and the trade deficit totaled NIS5.7 billion
23.02.14 / 09:58
Israel’s foreign trade in goods in January totaled NIS19.5billion
23.02.14
Israel’s foreign trade in goods in January totaled NIS19.5billion

Data released by Israel's Central Bureau of Statistics show that in January 2014, import of goods (gross, excluding diamonds) totaled NIS19.5billion. 31% were imports from EU countries, 20% from Asian countries, 13% from USA and 36% from Other Countries.

 

Export of goods (gross, excluding diamonds) totaled NIS13.8 billion and the trade deficit in goods (excluding diamonds) totaled NIS5.7 billion. 36% were exports to EU countries, 18% to USA, 25% to Asian countries and 21% to Other Countries. The trade deficit in goods (excl. diamonds) with EU countries totaled NIS 1.0 billion (-63.3% compared to January 2013).

 

The trade deficit in goods (excl. diamonds) with Asian countries totaled NIS 0.6 billion (-72.9% compared to January 2013).

 

The trade deficit in goods (excl. diamonds) with USA totaled NIS 43.4 million. It should be noted that there was no deficit in the trade with USA since September 2012.

Import of goods September- November 2014- The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, in import of goods (excluding ship, aircraft, diamonds and fuels) rose 7.7%, at an annual rate, in November 2013- January 2014, continuing a rise of 7.5% in August –October 2013.

 

Trend data by main country groups indicates that imports from EU countries rise 6.8%, at an annual rate, in November 2013-January 2014, continuing a rise of 4.5% in August –October 2013.

 

Imports from USA rise 26.1% at an annual rate (monthly average of 2.0%) in November 2013-January 2014, continuing a rise of 8.3% August-October 2013.

Imports from Asian Countries point to a rise of 2.8% in the last three months, after a decrease of 1.1% in August –October 2013.

 

Imports from Other Country Group point to a drop of 15.6% in the last three months, at an annual rate, after an increase of 6.9% in August –October 2013.

 

Exports of goods - The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, export of goods (excluding diamonds) rose 7.2%, at an annual rate, in November 2013-January 2014 continuing an increase of 7.0% in August –October 2013.

 

Exports to EU countries rose 9.8%, at an annual rate, in November 2013-January 2014, continuing a rise of 25.9% (2.0% monthly average) in August –October 2013.

Trend data by main country groups indicates that exports to USA rise 26.9%, at an annual rate, (2.0% monthly average), in November 2013-January 2014 continuing an increase of 9.2% in August –October 2013.

 

Exports to Asian Countries rose 37.0%, in the last three months (2.7% monthly average), continuing an increase of 26.7% (2.0% monthly average), in August –October 2013.

 

Exports to Other Country Group point to a drop of 28.7% in November 2013-January 2014 (-2.8% monthly average) continuing a decrease of 25.6% in August –October 2013.