Israel’s trade deficit in goods in April totaled NIS 4.1billion

Import of goods totaled NIS17.7billion and export of goods totaled NIS11.0 billion for the month
25.05.14 / 10:12
Israel’s trade deficit in goods in April totaled NIS 4.1billion
25.05.14
Israel’s trade deficit in goods in April totaled NIS 4.1billion

Data released by Central Bureau of Statistics (CBS) show that in April 2014, import of goods (gross, excluding diamonds) totaled NIS17.7billion. 33% were imports from EU countries, 20% from Asian countries, 12% from USA and 35% from Other Countries.

 

Export of goods (gross, excluding diamonds) totaled NIS11.0 billion and the trade deficit in goods (excluding diamonds) totaled NIS 7.7 billion. 31% were exports to EU countries, 24% to USA, 21% to Asian countries and 24% to other countries

 

The trade deficit in goods (excl. diamonds) with EU countries totaled NIS 6.0 billion (-12.4% compared to January-April 2013).

 

The trade deficit in goods (excl. diamonds) with Asian countries totaled NIS 4.1billion (1.7% compared to January -April 2013).

 

The trade surplus in goods (excl. diamonds) with USA totaled NIS 2.2billion against NIS 4.7 billion in the same period of the previous year.

 

Trend data by main country groups indicates that imports from EU countries point to a drop of 3.8%, at an annual rate, in February-April 2014, after a rise of 2.3% in November 2013 –January 2014. In January- April 2014 imports (excluding diamonds) from Ireland, Denmark and Netherlands dropped significantly.

 

Import of goods from USA point to a drop of 4.3%, continuing a drop of 3.3% in November 2013-January 2014.

 

Imports from Asian Countries point to a rise of 6.0% in the last three months, continuing an increase of 4.0% in November 2013 –January 2014. In January- April 2014 imports (excluding diamonds) from India, Vietnam and Jordan growth significantly.

 

Imports from Other Country Group point to a drop of 27.09% in the last three months (-2.6% average month), at an annual rate, continuing a decrease of 22.6% in November 2013 –January 2014 (-2.1% monthly average).

 

In January- April 2014 imports (excluding diamonds) from Argentina, Canada and Russian Federation significantly.

 

Exports to EU countries point to a rise of 0.2%, at an annual rate, in February-April 2014, after a rise of 12.6% in November 2013 –January 2014. In January- April 2014 exports (excluding diamonds) to Italy, Bulgaria and Greece growth significantly.

 

Trend data by main country groups indicates that exports to USA point to a rise of 5.8%, at an annual rate, in February-April 2014 continuing an increase of 9.6% in November 2013 –January 2014.

 

Exports to Asian countries point to a drop of 31.0% (-3.0% monthly average), in the last three months, continuing a decrease of 1.0% in November 2013 –January 2014. In January- April 2014 exports (excluding diamonds) to India, Vietnam and Taiwan shrunk significantly.

 

Exports to other country group point to a drop of 31.2% in February-April 2014 (-3.1% monthly average) continuing a decrease of 34.2% in November 2013–January 2014 (-3.4% monthly average). In January-April 2014 exports (excluding diamonds) to Ukraine, Costa Rica and Nigeria shrunk significantly.